Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Podium tripled its ARR from $10M to $30M in 2017

Eric Rea · Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community · Sep 18, 2019 · at 16:53

This episode carries Eric Rea's own address, with nobody on the show putting questions to them. It still counts as said, and it is kept out of every score on their page.

Eric Rea, CEO and co-founder of Podium, outlines the growth trajectory and revenue milestones of Podium during 2017.

0:00 / 0:06exact quote · 6.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Now, next, the next year, in 2017, we went from just over ten million of ARR to 30.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Eric Rea

Insight
Founders with PMF must demand VC partner meetings over analyst calls
“Once you have a vision, and once you have the product market fit, you need to, you will only get what out of your business what you expect of it. So if you expect only to ever talk to analysts at these firms, guess what? That's all you'll talk to. But if you d…”
Eric Rea Sep 18, 2019 ▶ 19:54 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
Opinion
Non-Valley founders face a higher risk of quitting due to disbelief
“And so outside of Silicon Valley, I think that all of us here are at far more risk of quitting because people just won't believe in what we're doing.”
Eric Rea Sep 18, 2019 ▶ 10:40 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
Opinion
To VCs, building in Utah is no different than Bucharest, Romania
“If you're in Lehigh, Utah, you may as well be in Bucharest, Romania when it comes to investors. Like, it doesn't matter. Once you're outside of the Bay Area, you're just outside, and there's nothing really matters.”
Eric Rea Sep 18, 2019 ▶ 24:08 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
What-if
A $1M seed check in Podium would be worth over $200M
“The irony of that story is if that firm would have invested a million dollars into Podium at that time, today it would be worth over two hundred million dollars.”
Eric Rea Sep 18, 2019 ▶ 5:07 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
Insight
Startups outside the Bay Area must fight harder for credibility networks
“Because we're not in the Bay Area, we are going to have to fight even harder to build a credibility network, and you just need it. You need to have people, you need to have investors, and you need, I think the first 25 hires that we made at Podium were, ah, re…”
Eric Rea Sep 18, 2019 ▶ 16:30 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
Insight
Non-technical founders must hire engineers before building a sales team
“And I think it's really important to hire an engineer first if you're not, if you don't already have engineering power because if you don't have a great product, you're kind of screwed even if you're great at sales.”
Eric Rea Sep 18, 2019 ▶ 28:31 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 400 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.