Nicholas Lillia, founder of Younium, describes where the subscription management platform integrates in an enterprise software stack.
0:00 / 0:14exact quote · 14.1s
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“We typically sit between like a Salesforce and a HubSpot and a backend like a NetSuite or a QuickBooks and perhaps your own service and how to get that orchestrated and done in a good way, all the way from, you know, quoting, Dealing with the subscription over its lifetime.”
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More from Nicholas Lillia
Insight
Lillia: Early-stage SaaS should prioritize new customer acquisition over net retention
“But I think also, when you are, you know, when you're not super, super big, I think, like, new customer growth, Is equally, if not more important as well. I, if you do the math, I definitely see, you know, a ramping effect if you accumulate over years. But als…”
Nicholas LilliaApr 11, 2024▶ 8:05How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Insight
Lillia: Subscription billing problems ultimately land on CFOs, not sales
“Our thesis is what the, you know, you can sort of get by with a lot of things, but in the end, it all falls down into the lap of the CFO and they have to figure out the solution. But if you're in sales, you can do something and then you can just push it downst…”
Nicholas LilliaApr 11, 2024▶ 9:27How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Disclosure
Lillia: Younium sets sales quotas at five times OTE
“The AR they bring in should be five times the OT.”
Nicholas LilliaApr 11, 2024▶ 13:23How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Disclosure
Lillia: Younium has an average price point around $30,000 per year
“So typically I would say like an average price point is around 30,000 dollars a year a year that is, right? So so that's some average, but you know, quite, quite a big spread from small companies to big companies as well.”
Nicholas LilliaApr 11, 2024▶ 6:14How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
AssertionNot checkable as stated
Lillia: Younium has surpassed 200 paying customers
“So we crossed 200.”
Nicholas LilliaApr 11, 2024▶ 14:37How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
PredictionNot checkable as stated
Lillia: Younium targets reaching cash flow positivity by end of 2024
“So I'm targeting cashflow positive by, you know, end of 24.”
Nicholas LilliaApr 11, 2024▶ 15:10How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
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