professional services

4 statements across 3 episodes · 2 bullish · 2 bearish · 4 people on the record · first statement Jan 2, 2019 by Orion Hindawi · across every show →

Everything said about professional services, oldest first

Jan 2, 2019 negative
Insight
Software requiring heavy professional services is fundamentally a bad product
“So, if you come from a services background, you treat services as a revenue stream. You start building products that require lots of services, and that's a bad product. Like, it turns out that that's almost the definition of a bad product, is it's really heavy…”
Orion Hindawi Jan 2, 2019 ▶ 26:30 a16z Podcast | The Fundamentals of Security and the Story of Tanium’s Growth
Jan 2, 2019 negative
Insight
Casado: Software vendors avoid professional services due to low margins and headcount
“Now, professional services isn't the type of business any vendor wants to be in. It's just very low margin, right? For every dollar that, you know, the customer buys, you've got to put a body there and you've got to pay for that body.”
Martin Casado Jan 2, 2019 ▶ 17:38 a16z Podcast | B2B2C
Feb 26, 2019 bullish
Insight
Levine: Professional Services Boost Blended Margins by Unlocking Enterprise Deals
“While services from a unit economic standpoint may be, you know, a little more expensive from a margin standpoint, if it drives very large deals with software margins, you come out way ahead.”
Peter Levine Feb 26, 2019 ▶ 18:06 a16z Podcast | Product-Market SALES Fit (What Comes First?)
Feb 26, 2019 positive
Insight
Bansal: Spending 10–15% on Services Optimizes Enterprise Software Adoption
“We found the right balance was about 10 to 15%. So like if we, if in our products, if like, you know, people are buying, let's say they're spending a million dollars with us on the software and they spend like, you know, a 100,000 dollars or 10 to 15% on it, o…”
Jyoti Bansal Feb 26, 2019 ▶ 17:13 a16z Podcast | Product-Market SALES Fit (What Comes First?)
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