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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

FromSaaS Interviews with CEOs, Startups, Founders


1434 She Saved a Pre Revenue $60m Raised Company, Then Launched Own Passing $6m in ARR for Team Alignment Tool

FromSaaS Interviews with CEOs, Startups, Founders

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)

Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon