Insight
Husid: Adding People and Processes Often Slows Scaling Companies Down
“A lot of people may think that when you scale the company, every net That new employee and that new process can accelerate you, but in a lot of cases it actually slows down us.”
Insight
Husid: Investors should accelerate profitable businesses, not sustain them
“So when we build the company, we build it for profit, and investors can accelerate that business, but they can't, kind of, be the only source of that business.”
Disclosure
Husid: Miro Uses a Different Search Firm for Almost Every Hire
“Since then, every hire I make, I engage executive search firm. And almost for every new hire, we hire a different executive search firm because we are trying to find the one that specializes on specific area and who have a strong tracker record in that.”
Assertion Not checkable as stated
Husid: Miro is the largest European productivity collaboration company ever
“We've built the kind of biggest productivity collaboration company out of Europe, Ever.”
Disclosure
CEO Andrey Husid Reviews Every Job Offer for Miro's 1,600-Person Team
“We are almost 1600 people. I review every job offer that comes out in the company.”
Assertion Not checkable as stated
Husid: Miro Reached $5M ARR Before Building a GTM Team
“And then all in 2018, when we were around five million ARR, we started to build our go-to-market team.”
Assertion Not checkable as stated
Husid: Miro grew 3x year-over-year right before the pandemic
“But just before pandemic, we were growing three X year over year, which is pretty normal growth.”
Assertion Not checkable as stated
Husid: Miro Hired Over 50 Department Heads During the Pandemic
“We entered pandemic with 240 people in a team, and we were lacking senior leadership in a lot of areas. We were lacking middle management in a lot of areas, and through pandemic, we hired more than 50 heads of different parts of the business, which is pretty c…”
Assertion Not checkable as stated
Husid: All 10 Original Miro Core Employees Remain at the Company
“Those 10 people with who we started, like, they all were the company, and they all contribute to the company's success.”
Assertion Not checkable as stated
Husid: Miro Scaled From 240 to 1,600 Employees During the Pandemic
“We scale from two 40 to like almost 1600 now.”
Disclosure
Husid: Miro Is Actively Pursuing European Product Engineering M&A
“And we started to do M&As. And of course our core focus on M&As is in Europe today. Because as I said, like product engineering is, is here and all our M&As are focused on, on product engineering. And we did a couple already. Like we closed one last year. We c…”
Assertion Not checkable as stated
Husid: Over 70% of Miro's Workflows Are Asynchronous, Not Real-Time
“A lot of people start to associate us with the remote work, but actually more than 70% of our workflows were asynchronous.”
Disclosure
Husid: Miro Is Reevaluating Pricing, Messaging, and Headcount From Scratch
“Now entering absolutely new phase, and I need to reevaluate all assumptions we have around every aspect of the company in terms of like head count, in terms of value that we are offering, in terms of messaging, in terms of pricing, in terms of way we servicing…”
