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Venkat Nagaswamy

๐Ÿ‘ค Speaker
148 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And so I come at this as a user of the technology, not just from the technology side.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And back in the day, I implemented what was then the latest greatest in marketing analytics, which was

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And I felt that there was still a whole bunch of tools that marketers needed to be successful.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And my co-founder also felt the same thing, having done product marketing and product management.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And that's how the team came together.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

The first year revenue was zero.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

I mean, we started making our first revenues in late 2015.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

We did for the year of 2015, we did $155,000.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

In 2016, we did about $550,000.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And hopefully, we'll do four times that this year.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

We'll see.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

So I'm trying to do the math in my head, but it saved me the time.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

So last month it was 78, 80, about essentially tracking close to a million in ARR.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Yep, that's basically it.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Yep, yep.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

It's actually slightly more than that, but yes.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

Yeah, so Zendesk is one of our foremost customers.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

As you know, Zendesk is a big player in SaaS world and they're well known as a good B2B marketer, especially inbound marketing.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

They came to us saying, hey, we're doing great in inbound marketing, but we need to target larger companies and go after a list of accounts which are larger than what we normally do.

SaaS Interviews with CEOs, Startups, Founders
773: Can $1m MRR Company Grow Into $10m Post Money Valuation?

And so they gave us a whole bunch of that historical data.