Gainsight

includes Gainsight Customer Cloud, Gainsight PX, Gainsight CS, Gainsight Pulse

27 statements across 7 episodes · 14 bullish · 1 bearish · 6 people on the record · first statement Sep 8, 2019 by Nick Mehta · said 121 times in 23 episodes since 2016 · across every show →

Mentions by year, the whole family

brought up most by Nathan Latka (58), Nick Mehta (27), Hal Howard (6), Max Altshuler (4), Alan Gannett (4), Vinod Muthukrishnan (3), Justin McDonald (2), Nadim Hossain (1)

tap a year for its mentions
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03520162017201820192020202120222023episodes it came up in
00202.540520162017201820192020202120222023episodesmentions per episode
2023 9 mentions in 4 episodes 2 per episode
2022 9 mentions in 4 episodes 2 per episode
2021 49 mentions in 5 episodes 10 per episode
2020 1 mention in 1 episode
2019 32 mentions in 1 episode
2018 5 mentions in 2 episodes 3 per episode
2017 11 mentions in 4 episodes 3 per episode
2016 5 mentions in 2 episodes 3 per episode

every mention, scene by scene, with the transcript →

Everything said about Gainsight, oldest first

Sep 8, 2019 neutral
Disclosure
Mehta: Gainsight has raised approximately $155M in venture capital
“We've now raised about one hundred and fifty five million dollars to date.”
Nick Mehta Sep 8, 2019 ▶ 2:34 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 positive
Assertion Not checkable as stated
Mehta: Gainsight's average customer spends well into the six figures annually
“Significantly higher than that. Our average customer is spending well into the six figures.”
Nick Mehta Sep 8, 2019 ▶ 12:17 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019
Disclosure
Mehta: Gainsight customers pay between $50k and millions annually
“Our customers pay us anywhere from in the sort of, you know, 50,000 dollar a year range all the way up to, you know, millions of dollars a year.”
Nick Mehta Sep 8, 2019 ▶ 1:43 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 bullish
Prediction Held up
Mehta: Gainsight will reach $100M in ARR by 2020
“We'll be there in that timeframe.”
Nick Mehta Sep 8, 2019 ▶ 12:45 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 neutral
Assertion Not checkable as stated
Mehta: Gainsight's net burn rate is roughly $1M to $2M monthly
“Yeah, I think it's in that rough range that you just said. We are aggressive, probably not, you know, if you kind of plotted everyone, we're not at the extreme of aggressive, but we're not yet at breakeven, right?”
Nick Mehta Sep 8, 2019 ▶ 9:53 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 neutral
Assertion Not checkable as stated
Mehta: Gainsight has grown to nearly 700 employees globally
“So we've got actually a similar number about coming up to 700 employees.”
Nick Mehta Sep 8, 2019 ▶ 9:28 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 neutral
Assertion Not checkable as stated
Mehta: Gainsight's enterprise CAC payback period is typically 12 to 18 months
“You know, I think enterprise, it typically is like 12 to 18 months in that range. I think that's pretty common that our customers, a lot of them are spending a lot of money. So it fluctuates kind of quarter to quarter, but that's the rough range.”
Nick Mehta Sep 8, 2019 ▶ 15:10 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 bullish
Assertion Not checkable as stated
Mehta: Gainsight serves about 700 customers, including Okta and Workday
“We have about 700 customers now, and it's kind of a who's who in technology, so publicly traded SaaS companies like an Okta or Workday or Twilio or DocuSign, big companies that have gone to the cloud like an IBM or an Adobe or a Cisco, as well as companies in …”
Nick Mehta Sep 8, 2019 ▶ 6:11 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 neutral
Disclosure
Mehta: Gainsight's entire $52M 2017 round went directly to company operations
“Operations.”
Nick Mehta Sep 8, 2019 ▶ 14:19 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 positive
Assertion Not checkable as stated
Mehta: Gainsight maintains gross revenue retention in the 90s consistently
“So we don't report exact numbers, but we've had in the gross retention in the nineties, so very good gross retention. And generally speaking, our customers have been willing to partner with us for a very long period of time. And that's been very consistent ove…”
Nick Mehta Sep 8, 2019 ▶ 6:54 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 neutral
Disclosure
Mehta: Gainsight burned about $3M before generating its first revenue
“You know, I'd say probably three million bucks in that range.”
Nick Mehta Sep 8, 2019 ▶ 2:15 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
Sep 8, 2019 bullish
Assertion Not checkable as stated
Mehta: Gainsight's trailing 12-month revenue growth is near 50%
“In the higher end of that range.”
Nick Mehta Sep 8, 2019 ▶ 15:01 1506 Gainsight: We'll Hit $100m Revenue in 2020, $60m+ Now
May 8, 2021 negative
What-if
Harris Regrets Declining Gainsight Stock Options In Early Consulting Deal
“You know, the biggest mistake I made in that deal is I should have taken options, but that's, so that is an instance where I got in really early to build.”
Richard Harris May 8, 2021 ▶ 3:16 Gainsight Paid Him $10k+ To Figure Out Sales in 2013, What He Recommends Now
Sep 6, 2021 positive
Assertion Not checkable as stated
Gainsight has grown to slightly over 1,000 customers
“Yeah, we're close to, I think about a thousand customers now, a little bit more than that, but the ASP has gone up a lot too.”
Nick Mehta Sep 6, 2021 ▶ 5:26 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021
Assertion Not checkable as stated
About 17% of Gainsight customers use its PX product
“And then most of our customers, about 17% of our customers have our PX product today. That means there's 83% still to go buy it.”
Nick Mehta Sep 6, 2021 ▶ 6:36 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 positive
Assertion Not checkable as stated
Gainsight expanded headcount from 700 to 900 in early 2021
“We started the year at 700 employees. I need to update my bio. We're already at 900.”
Nick Mehta Sep 6, 2021 ▶ 16:05 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 positive
Assertion Partly supported
Gainsight crossed $100M ARR prior to Vista transaction
“You know, we reported that we had crossed a hundred million of AR and all that.”
Nick Mehta Sep 6, 2021 ▶ 11:45 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 bullish
Disclosure
Gainsight plans to surpass 1,100 employees by end of 2021
“We'll end the year way past probably like 1100 or something. So we're hiring more people this year than we have in our history.”
Nick Mehta Sep 6, 2021 ▶ 16:10 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 positive
Opinion
Mehta: Vista's $1.1B Gainsight buyout will be a steal
“I think it will be a steal for Vista. Actually, I think our business has done really well in the last six months. So I'm actually excited to be a steal because I think all of us will make out well.”
Nick Mehta Sep 6, 2021 ▶ 13:16 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 neutral
Insight
PE buyout valuations cannot be compared directly to VC preferred rounds
“When you do a deal with a Vista type firm, it's a hundred percent common. So it's actually kind of hard to compare apples to apples to a classic venture deal where there's a preferred So I wouldn't, I think optically it's hard to compare that valuation to othe…”
Nick Mehta Sep 6, 2021 ▶ 14:23 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 positive
Disclosure
Gainsight acquired unlaunched startup Aptrinsic for product experience
“And so we found a great company that hadn't really launched yet called Apptrinsic. We bought them integrated into our suite.”
Nick Mehta Sep 6, 2021 ▶ 4:43 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
Sep 6, 2021 positive
Opinion
Vista Equity operates between traditional PE and classic VC
“Vista is kind of showed up in this new category where they're not really private equity anymore and they're not your classic VC. They're investing in companies that are trying to be these like long-term growers, not, you know, Gainsight's never since the early…”
Nick Mehta Sep 6, 2021 ▶ 12:07 Was Selling Majority to Vista The Right Move? Gainsight Customer Success Platform Hits $100m ARR, 1,000 Customers
May 17, 2022 neutral
Opinion
Gainsight does not compete with Kuvama, says founder Alex Smith
“Gainsight is not a competitor to really what we're trying to do in that the Gainsight is just focused on the customer success Phase of the customer journey.”
Alex Smith May 17, 2022 ▶ 13:32 How He Got First 4 Customers Paying $50-$200k ACV's for New CLM Tool
May 5, 2023
Assertion Not checkable as stated
Customer success was not an accepted profession when Gainsight launched
“Customer success managers didn't have a platform of choice, they didn't have, they weren't empowered to actually make a lot of purchasing decisions at the time, and just that name, customer success, there was like, Handful of them at Salesforce, But it wasn't…”
Anthony Kennada May 5, 2023 ▶ 5:02 How I Built a Media Company (within Gainsight) that Created a $1B Brand
May 5, 2023 positive
Insight
Early Gainsight succeeded on 'persona-market fit' rather than product-market fit
“It was certainly good for Gainsight, given that that company did not have did not have product market fit. If we're being honest, they had kind of like persona market fit, if that makes sense. There was like a persona that was, that owned the churn number an…”
Anthony Kennada May 5, 2023 ▶ 6:33 How I Built a Media Company (within Gainsight) that Created a $1B Brand
Aug 25, 2023 neutral
Assertion Not checkable as stated
Bhattacharya: Involve.ai competes with ChurnZero and Gainsight
“We would compete. You could say we compete with turn zero, like insight would be another one, right? The others as well.”
Gaurav "G" Bhattacharya Aug 25, 2023 ▶ 7:39 Team of 12 Hits $2.5m in ARR, $64m Valuation for Customer Success Tool. Can they beat Gainsight?
Oct 18, 2023 positive
Assertion Supported
Poyar: 60% of software firms use PLG and 91% plan to increase investment
“Three in five software companies have some form of product-led growth strategy and that's data from both the Cloud Run-Hundred and OpenViews benchmarks, and a recent survey from Gainsight found that 91% plan to increase their PLG investments, one of the only a…”
Kyle Poyar Oct 18, 2023 ▶ 1:25 How to Grow Faster with $0 CAC
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