Disclosure certainty 4/5 debate potential 1/5

Chait: Greenhouse avoids per-seat pricing, scaling instead with total customer headcount.

Daniel Chait · 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM · Oct 8, 2017 · at 14:41

Daniel Chait, CEO and co-founder of Greenhouse, clarifies the company's organizational pricing and revenue expansion model to Nathan Latka.

0:00 / 0:02exact quote · 3.0s
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“So we don't sell by the seat, but it's basically additional growth at the customer.”

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 Daniel Chait

Insight
Chait: Every VC round requires completely different proof points from founders
“Every round is very different than the last. So you just figured out this process of like, okay, what do these investors want? And how do they think about your company? And you fail, fail, fail, fail, fail, and you get the one who's going to lead the round, an…”
Daniel Chait Oct 8, 2017 ▶ 10:07 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM
Assertion Not checkable as stated
Chait: Greenhouse prices at the higher end as a premium ATS solution
“Generally, what I'll say is that of our competitors, we tend to price out at the higher end. I think we tend to be seen as more of a premium software solution. So often they'll get quotes from a bunch of like applicant tracking software companies. And then, yo…”
Daniel Chait Oct 8, 2017 ▶ 3:39 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM
Assertion Not checkable as stated
Chait: Greenhouse reached $1M in revenue in its first product year.
“So, in the end of the year, I think we probably got to a million bucks that year.”
Daniel Chait Oct 8, 2017 ▶ 7:28 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM
Disclosure
Chait: Greenhouse has reached approximately 2,000 customers.
“Just about 2000.”
Daniel Chait Oct 8, 2017 ▶ 8:26 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM
Disclosure
Chait: 65% of Greenhouse's business comes from 100-to-1,000-employee companies.
“So this year, for example, about 70% of our business will be about 65% of our business will be between a hundred and a thousand employees.”
Daniel Chait Oct 8, 2017 ▶ 8:43 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM
Assertion Supported
Chait: Greenhouse raised $60M total through Series C round
“We've raised a total of about sixty million dollars through our series C round.”
Daniel Chait Oct 8, 2017 ▶ 9:30 806: SaaS: Recruiting Tool w/ $60m Raised, 2000 Customers, Unleashes CRM
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