Jyoti Bansal breaks down the revenue mix differences between his current company Harness and his former company AppDynamics.
Insight
Bansal: Investors treat second-time founders as instant experts despite unchanged abilities
“You know, you have an exit and the next day, you know, you start a company, you're second time CEO now. And just psychologically now everyone thinks you're an expert on everything because now you're second time CEO. So even though you are really the same perso…”
Insight
Bansal: Pure top-down sales fail without developer bottom-up adoption
“That doesn't work anymore, because if you just go to go to the someone who's a decision maker, And unless you have bought buy-in and already ground up adoption from developers and the practitioners, no decision maker wants to give a tool or a product to their …”
Opinion
Bansal: Only about ten companies globally excel at software delivery and CI/CD
“There are only, like, maybe 10 companies in the world who are very good in software delivery, where, like, you know, CI, CD, software delivery, their shipping code very fast, and these are, like, your Googles, and Facebooks, and Amazons, and Netflix, and they …”
Insight
Bansal: Second-time founders cannot just rehire former stars for early startups
“Most of those people, you know, it's great that they've been now, you know, significantly you know, grown in their careers and where they are in their journeys and work. So for them to come into a very early startup, you know, many times doesn't make sense. Li…”
Insight
Bansal: Sales transitions from 80% hustle at $1M ARR to 90% machine at $25M+
“Getting to the first million of revenue, I would say is about 80% hustle and maybe 20% machine and process in there. Getting from a, you know, let's say a million to ten million dollars of revenue will be part maybe, you know 60% hustle and 40% machine. When y…”
Insight
Bansal: $0-$1M ARR is product-market fit; $1M-$10M ARR is product-market-sales fit
“Your zero to one is a product market fit phase and you know, one to ten million dollars is product market sales fit phase.”