Net Retention

topic on 5 shows · 13 statements across 12 episodes

Innovators & Investors Lenny's Podcast the Official SaaStr Podcast Top Founders 20VC

13 statements about Net Retention, every show

20VC Assertion Supported
Figma's net dollar retention rate recently increased from 131% to 136%
“We added five points on our net retention, pretty significant when I think went from 131% to 136%.”
Sean Boscanian Mar 21, 2026 ▶ 11:54 This is why I don't believe in sales quotas | Figma CRO · 20VC with Harry Stebbings
Net retention can mask churn, making gross retention an essential metric
“And frankly, we think retention can be masked for retention or can be masked on a net basis. So it's really important that we look at it on a gross basis.”
Brian Parks Apr 17, 2025 ▶ 15:47 41 - Funding the Future: Bigfoot Capital's Brian Parks on Flexible Lending for B2B Growth
SAASTR Insight
Schuck: $100M ARR SaaS cannot reach 40% growth without multi-product upsells
“When you hit a hundred million, you just can't sell enough to drive. 40 points of growth. If your net retention is a hundred. It's much more difficult to sell forty million dollars of net new logos And so you get to this point where regardless of how good you …”
Henry Schuck Oct 18, 2024 ▶ 14:05 The Future of AI and Sales in SaaS with Henry Schuck, CEO of ZoomInfo and SaaStr CEO Jason Lemkin
TOP FOUNDERS Assertion Not checkable as stated
Ford: Prism achieves 110% total net retention and 127% in key segment
“With one of our customer segments, it's segments. It's net retention of 127% and across our whole customer base, it's 110%.”
Matt Ford Sep 11, 2023 ▶ 5:50 How this SaaS For Music Venues Survived Covid Then hit $3m ARR
LENNY'S PODCAST Assertion Not checkable as stated
Product-led customer cohorts generate significantly higher net revenue retention at Snyk
“And what's, what's fascinating there is that the product driven cohort contribute a relatively greater amount to net retention.”
Ben Williams Nov 6, 2022 ▶ 1:17:17 How Snyk built a product-led growth juggernaut | Ben Williams (VP of Product at Snyk)
SAASTR Insight
Lemkin: CEOs must prioritize net revenue retention over gross retention
“I think if you get, if you make everyone responsible for gross retention and net retention, they're gonna bang their heads on the table. You gotta pick a CEO like what's more important and it's gotta be net retention, right?”
Jason Lemkin Sep 17, 2021 ▶ 19:21 Nick Mehta CEO Gainsight + Jason Lemkin CEO SaaStr on "The Latest in Leveling Up Customer Success"
Mehta: Net retention is the primary valuation driver in SaaS
“The number one valuation driver in SAS is net retention.”
Nick Mehta Sep 6, 2021 ▶ 2:24 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
SAASTR Insight
Kopp: Single-product SaaS companies struggle to increase net retention
“If you're a single product company, it's really hard to move the lever on net retention.”
Tim Kopp Feb 26, 2021 ▶ 9:56 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
SaaS companies should focus on gross revenue retention over net retention
“So we're a company that believes net retention is really important to a SaaS company, but I'm a CEO that believes the focus of a SaaS company should be gross retention, not net, and that that's an even more upside.”
Andy MacMillan May 26, 2019 ▶ 16:39 1401 UserTesting CEO "We're at $65m in ARR Now, Hoping to Break $80m by EOY" across 3000 paying customers
SaaS customer success teams should not be incentivized on net retention
“One of my big areas of CEOs to think about the fact that you don't want to incent your post sales team on net retention. Let your sales team go sell the upsell. They're the sellers. You want a post sales team that gets up every day and just because my job is t…”
Andy MacMillan May 26, 2019 ▶ 17:38 1401 UserTesting CEO "We're at $65m in ARR Now, Hoping to Break $80m by EOY" across 3000 paying customers
TOP FOUNDERS Assertion Partly supported
Docebo reports 97% annual net revenue retention
“Actually, we have 97% net retention.”
Claudio Erba Mar 16, 2019 ▶ 9:16 1330 This Professor Quit Higher Ed For Learning Management Platform, $24m in ARR
SAASTR Assertion Supported
Smith: Qualtrics maintained 122% net retention overall and 140% in enterprise
“And a 122% net retention, and then the enterprise, it's a 140. That, that means that you've got a solid foundation, a solid engine, where people are living and it's mission critical to them.”
Ryan Smith Feb 17, 2019 ▶ 35:16 The Things Nobody Tells You About An $8B Acquisition with Ryan Smith from Qualtrics
Sharma: Focusing solely on net retention masks leaky gross churn buckets
“You've got to treat both of those independently. Otherwise, you can mask a very leaky bucket and gross retention problems if you're only focused on on net sure.”
Vivek Sharma Oct 18, 2018 ▶ 6:25 1181 How MovableInk Broke $40m in ARR with 1 Pricing Axis to Drive Expansion Revenue

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