enterprise software

11 statements across 9 episodes · 2 bullish · 6 bearish · 9 people on the record · first statement Mar 5, 2018 by Colin Earl · across every show →

Everything said about enterprise software, oldest first

Mar 5, 2018 positive
Insight
Earl: Enterprise software requires 5-to-10-year planning horizons
“We see enterprise software as being more like a marathon than a sprint. And we're making decisions based upon where we need to be and where our customers need to be five, 10 years from now.”
Colin Earl Mar 5, 2018 ▶ 3:42 954 Launched in 1991 How is Agiloft Closing $1.8m Deals?
Jul 7, 2018
Insight
Nick Mason: End users, not check signers, drive enterprise software expansion
“Cause at the end of the day, you know, those are the people who buy our software. They don't sign the checks, but those are the people who you know, will be demanding more licenses. And saying, you know, you absolutely must not take this thing away from us. So…”
Nick Mason Jul 7, 2018 ▶ 8:28 1078 How agile content marketing solution Turtl hit $125k/mo
Apr 21, 2019 neutral
Insight
Sullivan: SaaS companies begin needing enterprise features at 500 users
“The companies who need single sign-on and the enterprise features really begins around 500 users.”
Pat Sullivan Apr 21, 2019 ▶ 10:06 1366 ACT! and SalesLogix Founders New Company Hits $1m in ARR
Apr 28, 2019 neutral
Insight
Bodenhamer: Shipping software lacks mid-market tools bridging SMB to enterprise
“What we see is we see a fragmented market. We see these SMB and micro shippers, these small guys that have plenty of point solutions. You can probably name a hundred of them. And then you have these enterprise shippers that have these multi-module, you know, v…”
Jeremy Bodenhamer Apr 28, 2019 ▶ 7:14 1373 300 Companies Use Him to Ship, $8m in ARR, $12.5m Raised
May 21, 2019 positive
Insight
Wootton: 80% to 90% retention is reasonable for enterprise software
“So enterprise software, I think expectation of 80, 90% retention is totally reasonable. It's long-term contracts. You're, as we said, you're making these big commitments.”
Randy Wootton May 21, 2019 ▶ 14:00 1396 Percolate Flirts with $40m in ARR, 600 Brands Using as Their Ultimate Content Machine
May 21, 2019 negative
Insight
Selling heavy enterprise software to mid-market buyers creates a product-market mismatch
“When you're doing an enterprise software sale, trying to sell in the mid market, it's just mismatched with what the mid market buyer wants.”
Randy Wootton May 21, 2019 ▶ 14:47 1396 Percolate Flirts with $40m in ARR, 600 Brands Using as Their Ultimate Content Machine
May 28, 2020 negative
Insight
Marketing does not move the needle in enterprise software
“Marketing doesn't make a dent in, in enterprise software.”
Ryan Kulp May 28, 2020 ▶ 3:20 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
Sep 6, 2021 negative
Insight
Enterprise multi-year contract software cannot adopt utility pricing
“If you're selling enterprise software that is like sold to the CHRO and it's like a three-year contract, you're not going utility-based pricing anytime soon. Don't even waste time on that. That's just a total waste of time.”
Nick Mehta Sep 6, 2021 ▶ 10:46 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Oct 3, 2022 negative
Insight
Reynolds: Enterprise software cannot be effectively built with small bootstrapped teams
“Those enterprise customers need enterprise features and it's just really difficult to build that with, you know, two or three people bootstrapped in a garage somewhere. You need real, you know, professionals with real resources, real access to customers.”
Phil Reynolds Oct 3, 2022 ▶ 2:50 How he closed $3.3m Seed (sold 25%) for Agile Management Tool Last Week
Oct 3, 2022 negative
Insight
Reynolds: Early freemium tiers signal that enterprise software is worthless
“A lesson I learned a long time ago in building enterprise software is your software is worth what you say it's worth a lot of times. Early on. And so if you tell people it's worth nothing and you offer a freemium tier, then it's kind of worth nothing.”
Phil Reynolds Oct 3, 2022 ▶ 12:45 How he closed $3.3m Seed (sold 25%) for Agile Management Tool Last Week
Jul 23, 2024 negative
Insight
Singh: Functional Org Charts Mistakenly Distance Enterprise Software Leaders from Customers
“In enterprise software, I think, you know, one of the biggest mistakes CEOs do is you get really big, you get farther and farther from your customers. You create org charts that are completely functional, where you have one CRO, one CPO, so on and so forth. An…”
Savneet Singh Jul 23, 2024 ▶ 7:19 39 Year Old Public SaaS CEO Doubles Revenue to $400m Over the Last 24 Months - His Genius M&A Playbook
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