Concur

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Lenny's Podcast the Official SaaStr Podcast Sourcery Top Founders 20VC

12 statements about Concur, every show

20VC Assertion Not checkable as stated
Cohen: Intimidation by incumbent Concur delayed Navan's launch by three years
“For us, travel, we didn't know anything about it, and Conquer back then looked so scary that probably we've delayed that, this journey by two to three years.”
Ariel Cohen Feb 7, 2026 ▶ 45:41 20VC: From $6.2BN Market Cap to $2.8BN: What Is Not Translating About Navan's Public Story | Are Any Public Company CEOs Actually Happy? | Why Navan Built It's Own Customer Service AI and What it Could Mean For Customer Service AI with Ariel Cohen
SOURCERY Insight
Financial rails let Brex monetize 20x better than software like Expensify
“We believe that we monetize 20 times better Then other spend management systems, systems like Expensify or Concur, because we monetize through financial services.”
Art Levy Jul 10, 2025 ▶ 1:13:28 Brex’s Road to IPO and The Golden Age of M&A · Sourcery with Molly O'Shea
SOURCERY Prediction Not checkable as stated
Brex will surpass Concur's $1.5B revenue mark through interchange monetization
“If Brex continues on our current run rate, like we're going to eclipse that much, much faster by winning their customers, but monetizing through the interchange, not through generic software revenue.”
Art Levy Jul 10, 2025 ▶ 1:13:47 Brex’s Road to IPO and The Golden Age of M&A · Sourcery with Molly O'Shea
20VC Opinion
Harry Stebbings calls expense software Concur 'terrible'
“Of course I know Concur. It's terrible. Terrible.”
Harry Stebbings Feb 2, 2024 ▶ 17:47 Will Wu: Top Five Product Lessons from Creating Snapchat "Discover" and "Chat" | E1111 · 20VC with Harry Stebbings
20VC Insight
Will Wu: Enterprise SaaS succeeds by serving buyers, not end users
“I mean, it's like an enterprise SaaS product, and they can have a really successful product because they're solving the right needs for an enterprise customer, another company that they're selling to, but I don't know if that product was designed from the grou…”
Will Wu Feb 2, 2024 ▶ 17:56 Will Wu: Top Five Product Lessons from Creating Snapchat "Discover" and "Chat" | E1111 · 20VC with Harry Stebbings
20VC Assertion Partly supported
Adamic Scaled Concur From $50M to $1B Revenue Before SAP Acquisition
“I joined when we were about 500 people, and about 50 or sixty million dollars in sales and we grew back to almost a billion dollars before we were bought by SAP.”
Doug Adamic Sep 8, 2023 ▶ 2:14 Doug Adamic: Why Discounting is BS; How to Reduce Sales Cycles and Create Urgency | E1058 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Adamic: SAP Concur Operated With Under 1x Pipeline Coverage
“Everyone talks about like, you need that five X pipeline, you need that seven X pipeline in order to make your goals. Not necessarily. When I left Concur and where I'm trying to drive Brexit, we had less than one X pipeline going into a quarter because we knew…”
Doug Adamic Sep 8, 2023 ▶ 10:40 Doug Adamic: Why Discounting is BS; How to Reduce Sales Cycles and Create Urgency | E1058 · 20VC with Harry Stebbings
Incumbent market comparables de-risk business decisions for startup product teams
“When you look at, you know, bill.com, right, they're a publicly traded company, Expensify Public and Traded or Concur or Coupa. These are all like large players that are actually very motivating and largely de-risk some of the business decisions you're making.”
Geoff Charles Aug 6, 2023 ▶ 13:54 Velocity over everything: How Ramp became the fastest-growing SaaS startup ever | Geoff Charles
SAASTR Assertion Not checkable as stated
Delatorre: Former Concur and Amex reps perform poorly at TripActions
“And at TripActions, Concur people and Amex people do poorly.”
Carlos Delatorre Jan 27, 2022 ▶ 12:55 Scaling Your Startup 10x From $20M to $200M with Sapphire, Lightspeed, TripActions, and 6Sense
20VC Assertion Partly supported
Barrett claims Expensify has more customers than Concur
“We have more customers than Concur, and we're the fastest growing in our space”
David Barrett Nov 17, 2017 ▶ 25:08 20VC: Why Valley Investors Are Really Gamblers, Why The Business Model of Selling To The Biggest Sucker Is Wrong & Why The Best Potential Hires Don't Care Who Your VC is with David Barrett, Founder & CEO @ Expensify
TOP FOUNDERS Assertion Not checkable as stated
Barrett: Expensify's tech stack resembles consumer social more than Concur
“We've built in a tremendous technology stack. That's much more like Twitter or Facebook than it is like concur or something else.”
David Barrett Nov 15, 2017 ▶ 15:34 844: SaaS: How Ignoring CAC Works for ~$100m ARR Expensify
TOP FOUNDERS Assertion Not checkable as stated
Concur Has 150 Marketers Globally Using BrightFunnel
“Concur as a customer of ours, they have a 150 marketers that touch and use the product across the globe.”
Chris Mann Sep 23, 2017 ▶ 12:30 791: BrightFunnel Marketing Tech Passes $3m ARR, 70 Customers

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