21 min listen
1434 She Saved a Pre Revenue $60m Raised Company, Then Launched Own Passing $6m in ARR for Team Alignment Tool
1434 She Saved a Pre Revenue $60m Raised Company, Then Launched Own Passing $6m in ARR for Team Alignment Tool
ratings:
Length:
22 minutes
Released:
Jun 28, 2019
Format:
Podcast episode
Description
Deidre Paknad is the CEO and co-founder of Workboard (https://www.workboard.com/) ? Time Stamped Show Notes: 00:00 – Nathan's introduction to today's show 0:25 – How Workboard has been built to help companies acheive their stragtegic priorities faster 1:20 – Why the average customer is around $125k annually 1:45 – How they launched the company in 2014 2:45 – Why they've raised $12M in total capital thus far 4:45 – How they've landed 50 enterprise customers 5:15 – How they are doing around $520k in MRR today 6:30 – Why they decided to upsell based on number of seats 7:30 – How they are aiming for a 6 month payback period going forward 8:45 – Why they are hitting 140% net revenue retention 11:0 – How they are professional services and coaching to drive stickiness 12:20 – Why they are landing deals for around $17k with payback right away 13:35 – How their team of 55 is based in the Bay Area 14:15 – Why they aren't looking to raised until April 2019 15:00 – How she would view a $100M acquisition right now 15:50 – Why they are looking for a four month ramp period on their sales team 16:50 – The Famous Five
Released:
Jun 28, 2019
Format:
Podcast episode
Titles in the series (100)
EP 85: Going from 1 To 17 Restaurants and Landing a Bravo TV Show with Jeffrey Zurofsky: Nathan Latka brings you top entrepreneurs daily inspired by Tim Ferriss, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, NPR, HBR, the StartUp podcast, Art of Charm, Dave Ramsey, Planet Money, APM Marketplace, Mixergy, Seth Godin, #AskGaryVe by SaaS Interviews with CEOs, Startups, Founders