Everything Khadim Batti said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Batti: Speed to first $1 million in revenue does not matter
“I think it doesn't matter my personal, that's my personal opinion, it doesn't matter how, how fast you get to first million, because you're figuring out the product market, right? You might have to do one pivot, two pivot, you need to find out the right segmen…”
Batti: Whatfix instituted a mandatory five-day in-office policy years ago
“Probably we are one of the very, very few or one of the first SaaS companies to call all people back for five days office. We did like three years, two and a half, three years back, and I've been propagating because we believed it is not going to work. Every l…”
Batti: Whatfix abolished corporate titles to end tenure-based promotion expectations
“We abolished designations. Because what happened, everybody was asking, I have spent two years in my position. I want to get promoted. Now spending two years in your position doesn't mean you need to get promoted. Promotion means you need to take more ownershi…”
Batti: Macro factors barely affect early SaaS growth but dominate at scale
“When you're doing, let's say, one, two, three, three, two, nine, that initial journey, I think generally, 99% of the times, I think your time is not a problem, because I think you have enough headroom, enough room to grow. It doesn't matter how the industry is…”
Batti: Public SaaS sales efficiency magic numbers have fallen to 0.5
“So one simple metric like sales and marketing efficiency, magic number. I think, 20, 20, 21, 22, I think if you guys have track, it was like.73, point, even eight range. That means every dollar you spend on sales and marketing, you get .7 back net. Today, if y…”
Batti: New category creation enables remote, inbound enterprise SaaS sales
“It's a new category, has a potential of landing in, even into large enterprise. In this case, even inbound might work. There's a potential wherever you're sitting globally because you're solving a problem, which is actually people are trying to solve with the …”
Whatfix removed account expansion quotas from its customer success team
“We changed that success guys will only focus on NPS, ROI, business reviews, quarterly business reviews, and renewals. That's it. No expansions. Even if it happens, give it to sales guys. Your core KPI is this.”
Whatfix stations 90% of its hunting team in India for better economics
“So I have 80%, 70% account managers, 80% account managers in the region. But my land team is 90% in India, and considering the land economics, like I land at 8000 thousand dollars, and an expansion can happen even at a million, but economics also works really …”
Channel partnerships do not move the needle for early-stage SaaS startups
“Like we went channels pretty early when we were 2,000,001 half million dollars in revenue, but it doesn't move the needle very early on because it takes a lot of effort to even get entry into the channels and show them the value.”
Batti: Whatfix closed a million-dollar US Army contract from India
“We did, of course we did several million dollars before this, but we did the first million dollar in federal space from India again. US Army, we closed that deal.”
Batti: Whatfix US leadership starts at 5:30 AM for India overlap
“And in us we pushed as much as possible people to start early, right? Like my CRO is in office at five-thirty AM. My co-founder Vara is in office at six-thirty AM. And we asked everybody to open up the calendar at seven AM. So at least we get solid four to fiv…”
Batti: Two-quarter CXO evaluation cycles incentivize harmful short-term decisions
“When your CXOs are actually, they know that they're going to be chopped in two or three quarters, they start taking very short-sighted steps actually, which is harmful in long run. Maybe short run, it might show some results, but founders have that luxury.”
Batti: Tying promotions to team size incentivizes managers to fabricate unnecessary work
“Like you start building your platoon or hierarchy because you want to get promoted. So you create something which is even not required. So the thing, so that structure, what are the intent, what you created, like, okay, you need to have span of control to grow…”
Batti: Reaching product-market fit is faster today due to design-partner availability
“So I feel getting those initial design partners have become much relatively much easier, or you have a bigger pool actually available today. So at least that PMF journey today can be faster. Doesn't matter whether your existing category or new category.”
Batti: Only 1.6% of venture-backed companies reach $100 million in ARR
“Among the companies which are venture-backed, Minimum three million dollars. Only 1.6% companies reach a hundred million ARR.”
Batti: Inflated stretch targets damage sales team morale at later stages
“As when you start scaling because that organization is much larger and if you, I set a goal saying, okay, I need to have a ten million dollar quarter. I feel it's very ambitious. Practically it has to be, let's say, for example, six, and we end up at six. I am…”
Batti: Customers ask Whatfix for help with newly purchased AI adoption issues
“In fact, for, I'm just putting a plug here at what, for what fix in last six months, we have seen several of our customers coming back. Can you, We have bought some AI solutions. We are facing adoption issue.”
Batti: Moving Whatfix's CEO to the US would have shifted organizational gravity
“If I would have moved, the gravity would have shifted. So best person was Vara who would actually go to US, work with the customers and evolve the category.”
Whatfix's revenue breakdown: 40% expansions, 25% inbound, 25% outbound, 20% channels
“Today inbound is only contributing around 20%, 25%. My expansions are contributing 35, 40%. My channels are contributing close to 20%. My outbound is contributing another 25%.”
Batti: Introducing prospects to existing customers at booths sells half the deal
“Out of my hundred customers, can I get my 15 customers on the booth and just try to make a match there so that if somebody hears from existing customers, Half of the dealish sold there actually, right?”
Events drive 25% of Whatfix's total revenue across 100 annual appearances
“Today we have around seven to eight people dedicated on events. We do close to a hundred events offline and online in a year, right? And it's already contributing 25% kind of 25% kind of revenue, and the deals what we make from events are pretty big, right?”
Batti: Sell to business heads first when selling novel software categories
“Specifically in our category, when it's not a clearly budget line item defined, you always don't start from CIO. You start for the business functions. You end up talking to head of operations or head of sales or someone, and they would, Try to buy Whatfix for …”
Batti: Sales reps naturally neglect hunting for easier expansion deals
“If I ask sales guy to expand, if expand is low hanging fruit, the logo acquisition is hard, they want to focus here. So we had to specialize again. So we said, okay, this team is going to focus only on hunting. There's another team is going to set up is going …”
Enterprise SaaS startups should charge for any pilot exceeding three weeks
“So we also first understand the requirements very clearly, try to squeeze as much as possible as a smaller POC of two weeks, three weeks, because it's feasible, it's possible. If somebody really wants to go for longer, then ask them to pay, because the scheme …”