Disclosure certainty 4/5 debate potential 1/5

Freshworks expanded SolarCity from a 25-seat deal to nearly $1M ARR

Girish Mathrubootham · Girish Mathrubootham: Biggest Product and Pricing Lessons from Scaling to $597M in ARR | E1142 · 20VC with Harry Stebbings · Apr 19, 2024 · at 16:57

Girish Mathrubootham, founder and CEO of Freshworks, illustrates how bottom-up PLG land-and-expand motion worked inside enterprise accounts like SolarCity before a formal sales team was in place.

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“We entered SolarCity, I think with a 25 seat deal. And two years later when we hired our first president of sales in the US, he went and spoke to SolarCity. We found out that 13 different teams were using it, more than a thousand licenses. They were almost paying us a million dollars a year, but under 13 different invoices.”

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More from Girish Mathrubootham

Assertion Partly supported
Mathrubootham: No enterprise software company has successfully transitioned down to SMB
“Oh, start high and go down never, never works. In the history of software, you can tell me which company has succeeded in starting at enterprise and actually winning in SMB. It's not happened. But if you look at many companies, including Salesforce and Freshwo…”
Girish Mathrubootham Apr 19, 2024 ▶ 8:23 Girish Mathrubootham: Biggest Product and Pricing Lessons from Scaling to $597M in ARR | E1142 · 20VC with Harry Stebbings
Insight
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“I did not know. I still don't know how to build culture when nobody's coming into the office.”
Girish Mathrubootham Apr 19, 2024 ▶ 38:12 Girish Mathrubootham: Biggest Product and Pricing Lessons from Scaling to $597M in ARR | E1142 · 20VC with Harry Stebbings
Prediction Not checkable as stated
Users will replace Google search with ChatGPT for software product discovery
“तो यही भविश्य है लोग खोज के लिए Google पर नहीं जा रहे हैं बलकि चैट GPT पर जा रहे हैं इसलिए हमें वह करने की जरूरत है”
Girish Mathrubootham Apr 20, 2024 ▶ 15:19 Girish Mathrubootham (HINDI): Biggest Product and Pricing Lessons from Scaling to $597M in ARR · 20VC with Harry Stebbings
Disclosure
Freshworks maintains transparent public pricing for mid-market and enterprise customers
“अब हम यह साफ रखते हैं कि हमारी कीमते खुली होगी, यह सब कुछ website पर ही available होगा”
Girish Mathrubootham Apr 20, 2024 ▶ 26:34 Girish Mathrubootham (HINDI): Biggest Product and Pricing Lessons from Scaling to $597M in ARR · 20VC with Harry Stebbings
Assertion Contradicted
No Indian venture capital fund focused specifically on B2B before Together Fund
“उस समय एक भी VC फंड नहीं था, जो B to B पर focused था”
Girish Mathrubootham Apr 20, 2024 ▶ 53:21 Girish Mathrubootham (HINDI): Biggest Product and Pricing Lessons from Scaling to $597M in ARR · 20VC with Harry Stebbings
Insight
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“If we win globally and then go to India, like the chances of success are actually even better. Like if you see most of the even Indian startups who are doing well, like I would say BrowserStack, Chargebee some of the newer age companies they're all global comp…”
Girish Mathrubootham Apr 19, 2024 ▶ 9:44 Girish Mathrubootham: Biggest Product and Pricing Lessons from Scaling to $597M in ARR | E1142 · 20VC with Harry Stebbings
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