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Vijay Basani

๐Ÿ‘ค Speaker
128 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

I would say about 20% comes from the channel partners and 80% from exact sales.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

We tend to give anywhere from 10% to 30% of ACV.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

But Jay, you're a nice guy.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

Well, no, we do care about our partners.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

We tend to, our goal is to get it below 18 months.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

Okay.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

What are you at now?

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

We are closer to about 20 plus.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

That's correct.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

And also, um,

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

Because of the problem that we're trying to solve, we tend to have pretty good stickiness.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

So our churn rate is very low.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

It's negative churn rate.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

Net negative revenue churn.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

So as a result, we can confidently say that we will be profitable and we can make a pretty decent amount of money over the long run.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

On a dollar basis, on a logo basis, we probably have anywhere from 2% to 5% churn rate.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

On an annual basis.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

Yes.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

And the dollar churn rate, including the expansion and cross-sell, we have negative churn rate.

SaaS Interviews with CEOs, Startups, Founders
1016 How He Managed Launching 2 $100m+ Companies At Once

We are averaging about 3%.