Talend CEO Mike Tuchen discusses the company's enterprise pricing and annual contract value with Nathan Latka.
0:00 / 0:07exact quote · 7.2s
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“Customers. Tend to be spending, let me see, 50 to 60,000 dollars per year on average.”
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Insight
Acquiring revenue at an early stage is a high-risk strategy
“Growing the business through acquiring revenue is a historically a much riskier game to play at an early stage. And so we're shying away from that right now.”
Mike TuchenJun 16, 2018▶ 7:141057 Talend CEO: "IPO was right move"
AssertionSupported
Talend maintains a 120% annual net expansion rate
“The deal size I cited is actually an upfront deal size, and then customers add you know, we have a 120% net expansion rate every year.”
Mike TuchenJun 16, 2018▶ 3:401057 Talend CEO: "IPO was right move"
AssertionNot checkable as stated
Enterprise data integration is a $16B annual market
“Where the people spend sixteen billion dollars a year solving the kind of problems that we solve.”
Mike TuchenJun 16, 2018▶ 5:011057 Talend CEO: "IPO was right move"
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Gross margin payback on ACV dictates SaaS sales efficiency
“The way we look at it is how long does it take? How many months does it take to pay back the gross margin of an ACV subscription, right? And that's the most stringent measure, and it's the exact right measure, I believe, because it tells you if that number is …”
Mike TuchenJun 16, 2018▶ 12:021057 Talend CEO: "IPO was right move"
Insight
Public balance sheets ease enterprise buyer concerns over vendor longevity
“When you're selling to large enterprise companies, one of the things that they're always wondering about is, are you going to be a key partner of theirs, you know, five or 10 years from now? And having transparency in your balance sheet and your financials is …”
Mike TuchenJun 16, 2018▶ 15:241057 Talend CEO: "IPO was right move"
AssertionSupported
Talend serves 1,500 customers with 40% annual revenue growth
“We have over 1500 customers using the platform right now. And business has been growing over 40% a year for the last couple of years.”
Mike TuchenJun 16, 2018▶ 2:571057 Talend CEO: "IPO was right move"
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