Nick Mehta

37 statements across 8 episodes · 13 bullish · 13 bearish · 2 people on the record · first statement Mar 18, 2020 by Nick Mehta · said 13 times in 8 episodes since 2020 · across every show →

On the record as a speaker too: Nick Mehta's record, appearances and statements → this page counts the times other people say the name.

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brought up most by Jason Lemkin (10), Pieterjan Bouten (2), Pete Kazanjy (1)

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Everything said about Nick Mehta, oldest first

Mar 18, 2020 bearish
Prediction Not checkable as stated
Mehta: SaaS sales forecasts will suffer far worse than retention
“So I believe that your retention forecast will be hit, because some of your customers will go out of business, and some will hit budget troubles, but your sales forecast will probably hit significantly more than retention.”
Nick Mehta Mar 18, 2020 ▶ 11:39 Webinar: What It Was Like in '08-'09. And We Can Learn for '20.
Mar 18, 2020 neutral
Disclosure
Mehta: Gainsight Q1 forecast stayed steady due to lag effect
“Our forecast for our Q one, which ends in April looks quite similar to where we were a few weeks ago. But I think that's a bit of a lag effect, right?”
Nick Mehta Mar 18, 2020 ▶ 10:09 Webinar: What It Was Like in '08-'09. And We Can Learn for '20.
Oct 9, 2020
Disclosure
Mehta: Gainsight uses comped specialist overlay sales teams for technical buyers
“So what we created is a specialist team. That works with our main team, but is very focused on talking to that specific buyer and they're kind of an overlay. So both sides get comped, but the specialist team is good with that technical buyer who wants to just …”
Nick Mehta Oct 9, 2020 ▶ 10:18 Where Product Development is Going in 2021 with Nick Mehta, CEO of Gainsight
Oct 9, 2020 positive
Insight
Mehta: Introducing a second product can save struggling customer accounts
“I think what's a little counterintuitive is when a customer hasn't gotten value or isn't happy, Sometimes actually this extra thing can actually tip the scales.”
Nick Mehta Oct 9, 2020 ▶ 12:12 Where Product Development is Going in 2021 with Nick Mehta, CEO of Gainsight
Oct 9, 2020
Assertion Supported
Mehta: Gainsight had roughly 750 enterprise customers as of October 2020
“About seven, seven, 750 customers roughly.”
Nick Mehta Oct 9, 2020 ▶ 11:38 Where Product Development is Going in 2021 with Nick Mehta, CEO of Gainsight
Oct 9, 2020 positive
Insight
Mehta: Product teams are increasingly responsible for customer retention
“Number one thing is in the last 10 years, customer experience and customer retention was a job of the customer success team. Now product teams are getting super engaged in how do I drive sticky features and sticky usage? How do I drive user retention onboardin…”
Nick Mehta Oct 9, 2020 ▶ 2:06 Where Product Development is Going in 2021 with Nick Mehta, CEO of Gainsight
Sep 17, 2021
Insight
Mehta: Base your churn versus expansion focus on customer segment benchmarks
“So for example, you're a SAS company, you're twenty million of AR, you're selling to enterprise and your retention is 78% gross. Work on your retention, right? Like, yeah, right. But if you're a SaaS company and you're selling to SMB and your retention is gros…”
Nick Mehta Sep 17, 2021 ▶ 13:57 Nick Mehta CEO Gainsight + Jason Lemkin CEO SaaStr on "The Latest in Leveling Up Customer Success"
Oct 5, 2021 positive
Insight
Nick Mehta: In-product onboarding is the best way to accelerate time-to-value
“What I would say today in 2021 is the best way to do that's the product, right? It's one thing to send customers emails and get on calls with them and zoom meetings. It's all great. But the best way to do it is in the product.”
Nick Mehta Oct 5, 2021 ▶ 21:11 Nick Mehta, CEO Gainsight: 10 Things That Are Changing Now in Customer Success | SaaStr 2021
Oct 5, 2021 positive
Assertion Not checkable as stated
Nick Mehta: Klaviyo defines shared customer onboarding tasks during the sales process
“Klaviyo, Kate Walsh, runs customer support and customer success there, and she's built this incredible model where they basically work with lots of online merchants, e-commerce companies, et cetera, And to get them live on Klabio and getting value, they define…”
Nick Mehta Oct 5, 2021 ▶ 14:38 Nick Mehta, CEO Gainsight: 10 Things That Are Changing Now in Customer Success | SaaStr 2021
Oct 5, 2021 positive
Insight
Nick Mehta: Top CS teams create mutual success plans assigning client tasks
“Customer success is a two-way street, and the best CS teams out there are bringing their customers into the customer success process, creating what we call a mutual success plan with that customer. Right? Where the tasks aren't all assigned to your company. So…”
Nick Mehta Oct 5, 2021 ▶ 14:07 Nick Mehta, CEO Gainsight: 10 Things That Are Changing Now in Customer Success | SaaStr 2021
Oct 5, 2021 positive
Assertion Not checkable as stated
Nick Mehta: Glassdoor shifted B2B onboarding into the product to scale CS
“Glassdoor is kind of B to B part of their company, has a customer success team, and has actually done CS for a long, long time. But they were doing it kind of in hand-to-hand combat, right? Talking to individual customers, sending them emails, and then last ye…”
Nick Mehta Oct 5, 2021 ▶ 22:04 Nick Mehta, CEO Gainsight: 10 Things That Are Changing Now in Customer Success | SaaStr 2021
Oct 5, 2021
Insight
Nick Mehta: Top CS executives demand core company commitment before joining
“If you are in a position where you're founder or CEO and you're trying to recruit people, the way you structure it, the way you talk about it will influence who you can recruit. And you're not gonna be able to get the best people if you don't make it part of y…”
Nick Mehta Oct 5, 2021 ▶ 7:23 Nick Mehta, CEO Gainsight: 10 Things That Are Changing Now in Customer Success | SaaStr 2021
Nov 30, 2021
Assertion Not checkable as stated
Lemkin: Enterprise SaaS reps no longer do first meetings in person
“COVID changed it in that we are, like, I don't know what you see in your portfolio, but all of the enterprise SaaS companies I've invested in and work with, they're all going back to face-to-face meetings. Nick met on Gainsight's talking about it, they're all …”
Jason Lemkin Nov 30, 2021 ▶ 52:47 Scaling a Successful SaaS Sales Team w/ 20VC Founder Harry Stebbings and SaaStr Founder Jason Lemkin
Apr 26, 2023 positive
Assertion Not checkable as stated
Mehta: Gainsight reaches nearly $200M ARR and 1,200 employees
“Today we are close to two hundred million of ARR, just about, almost there. And we're about 1200 employees.”
Nick Mehta Apr 26, 2023 ▶ 2:41 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023 positive
Assertion Not checkable as stated
Mehta: Gainsight is profitable and generating cash
“We were profitable company now and generating cash and things like that.”
Nick Mehta Apr 26, 2023 ▶ 5:41 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023 positive
Disclosure
Mehta: Gainsight conducts blameless retrospectives for all customer churn
“Whenever we have a churn at Gainsight, you know, I always start the meeting and be like, look, we're just here to like, we'll do a retro meeting and we're here to learn, like, cause all of us can learn and get better. This is not about like who did what or who…”
Nick Mehta Apr 26, 2023 ▶ 38:37 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023
Insight
Mehta: SaaS companies should invest in CPQ at 100-200 employees
“Custom deals seem great at the time, but make sure they're really worth it. They have to be big enough to worth it and be worth it. And then invest in back office systems early. So your accounting, your CPQ, all that stuff is pretty good. I'm not talking about…”
Nick Mehta Apr 26, 2023 ▶ 27:47 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023 negative
Insight
Mehta: Delaying a Second Product Line Traps Slowing SaaS Companies
“And if you wait till you start slowing down a lot and then need to go launch something new, but you have to create it and you have to raise money for it. And that might take three, four or five years. You're in a trap, and so kind of that really, really can hu…”
Nick Mehta Apr 26, 2023 ▶ 45:50 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023 positive
Disclosure
Nick Mehta requires all Gainsight leaders to meet 10 clients per quarter
“I expect our leaders to meet at least 10 clients a quarter. It doesn't matter if you're a CFO, it doesn't matter if you're a teammate, you know, teammate success, HR.”
Nick Mehta Apr 26, 2023 ▶ 10:15 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023 neutral
Insight
Mehta: Parting with an executive at 15 months is worse than at 90 days
“Like, it's easy for somebody to join a company and leave, like, 90 days later. It's really hard if somebody leaves, like, a year and three months later after joining, because they've already put their imprints on the team, they've hired new people, they've reo…”
Nick Mehta Apr 26, 2023 ▶ 12:59 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Apr 26, 2023 neutral
Disclosure
Mehta: Gainsight went five years without a second seven-figure deal after its first
“We literally didn't get like another one of those deals for like five years.”
Nick Mehta Apr 26, 2023 ▶ 22:32 Gainsight CEO Nick Mehta: My Top 10 Mistakes In 10 Years (LIVE SaaStr Workshop Wednesday)
Nov 8, 2023 positive
Assertion Supported
Mehta: Almost all Gainsight executives were promoted from internal roles
“Now, the flip side, if you look at my executive team today, we're 1300 people. Let me just go through it. Chief Customer Officer, seven years ago, was a CSM at Gainsight. Head of sales. Nine years ago was a sales rep at Gainsight. Chief marketing officer six y…”
Nick Mehta Nov 8, 2023 ▶ 12:28 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023 positive
Insight
Mehta: Close multiple large enterprise deals before scaling sales capacity
“So this idea that you get one big deal and it's the sign of something new, I'd encourage you to get two or three before you scale up”
Nick Mehta Nov 8, 2023 ▶ 15:34 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023 negative
Insight
Mehta: End-of-quarter special pricing deals usually blow up later
“Frankly, a lot of those deals at the end of the quarter that you push in because it's a special pricing model. You're desperate to get your number. Maybe you buy their product. If they buyers, I'm sure none of you have done that before. Maybe we've done that a…”
Nick Mehta Nov 8, 2023 ▶ 19:51 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023 negative
Disclosure
Nick Mehta: Gainsight accumulated roughly 1,200 pricing models across 1,300 customers
“Gainsight, we're like, 1300 customers, I don't know, 1200 different pricing models, something like that.”
Nick Mehta Nov 8, 2023 ▶ 18:46 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023
Insight
Mehta: Customer indecision, not technology, drives slow software time-to-value
“I'd argue the biggest part of time to value is not your technology. It's how people implement it. Cause people spend a lot of time on indecision.”
Nick Mehta Nov 8, 2023 ▶ 25:44 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023 negative
Insight
Mehta: Hire executives for current needs, not four years of scale
“I think often people miss more than they hit, and this is especially true now, because before people would often say, and boards would say, you need to hire for the person you need four years from now, right? Because you're going to be growing so fast, and you…”
Nick Mehta Nov 8, 2023 ▶ 13:17 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023 negative
Disclosure
Mehta: My success rate on outside executive hires is around 20%
“They had the resume, but I gotta admit, I have swung and miss on way more executive hires than I've actually hit on. And if you have to, don't feel bad. It's something that I think a lot of us do. I mean, I don't think my batting average is more than Literally…”
Nick Mehta Nov 8, 2023 ▶ 12:10 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Nov 8, 2023 negative
Assertion Not checkable as stated
Mehta: Gainsight waited five years for second $1M+ deal after hiring 10 reps
“We closed our first gigantic enterprise deal. 2.6 million dollars of ARR. The biggest deal we'd done till then was maybe 300 grand, 400 grand. We're high-fiving around the office. I'm sure champagne is being passed around. I don't remember. But it was a big da…”
Nick Mehta Nov 8, 2023 ▶ 14:55 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Mar 14, 2025 negative
Opinion
Mehta: Net retention rate is a 'vanity metric' mixing disparate levers
“Net retention rate is a mix. I said it's a bit of a scam because it's mixing a lot of things together. So vanity metric.”
Nick Mehta Mar 14, 2025 ▶ 5:57 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 negative
Opinion
Mehta: Running a startup shifted after 2021 into an ongoing grind
“It used to not be like this in 20, 21. Now it's just a grind. I feel like if you feel like yours is a grind, you're truly like. 99% of companies were all in the exact same boat.”
Nick Mehta Mar 14, 2025 ▶ 27:32 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 neutral
Assertion Not checkable as stated
Mehta: Investors now standardly ask about AI in the customer journey
“I think especially as you grow, people are going to say, how are you using AI in your customer journey? It's like a standard checklist question nowadays, right?”
Nick Mehta Mar 14, 2025 ▶ 24:18 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 negative
Insight
Mehta: Deploying software only with junior staff leads to severe churn risk
“A lot of people, what they do is they sell the software. They end up working with the junior people to get it deployed. The executive lose track of it. They quit. Somebody else comes in and says, what the heck is this stuff? And do we get any value? And people…”
Nick Mehta Mar 14, 2025 ▶ 18:40 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 bearish
Assertion Not checkable as stated
Mehta: Growth-stage startup net retention rates dropped 10 to 20 points year-over-year
“I've seen a lot of startups for growth stage companies where their net retention rate is down 1015, or 20 points year over year.”
Nick Mehta Mar 14, 2025 ▶ 5:48 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 negative
Insight
Mehta: Providing investors a weak customer reference is worse than no reference
“In fact, if you investor says, who are some of your customers I can talk to? If my opinion, giving them a weak reference is worse than no reference. It literally dilutes your whole pitch process and value.”
Nick Mehta Mar 14, 2025 ▶ 21:59 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 negative
Insight
Mehta: Do not scale customer success simply by hiring more CSMs
“In fact, if I give you one piece of like advice from the beginning, it's don't just hire a bunch of CSMs, maybe one or two. It's heretical for me to say, by the way, but it's true. Go fix all your processes, your product, make it so you can scale without a cra…”
Nick Mehta Mar 14, 2025 ▶ 23:42 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Mar 14, 2025 positive
Insight
Mehta: Simple conceptual slides of the customer journey resonate with investors
“If you can show an investor a slide, that's just like how you're approaching your customers. I think it goes a long way. It's not, you don't need to automate it. You don't need a ton of processes, just like a simple concept of what you're trying to do.”
Nick Mehta Mar 14, 2025 ▶ 16:56 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
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