Insight certainty 4/5 debate potential 2/5

Dhillon: Enterprise startups need six-figure deals and more customers than employees

Gaurav Dhillon · 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon · May 7, 2017 · at 19:45

Gaurav Dhillon, CEO of SnapLogic and co-founder of Informatica, shares a core operating rubric learned from early enterprise software mentors.

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“If you do, try to do six-figure deals, and try to have more customers than employees.”

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More from Gaurav Dhillon

Insight
Dhillon: Price modest IPOs for buyer upside before larger secondary offerings
“Look, because the IPO, you're also trying to build a brand for yourself. Nobody knows you as a company or as an executive. So if you do a modest IPO, you got to price it. So there's some wealth for the new buyers. And as they do well, they get a sense. You do …”
Gaurav Dhillon May 7, 2017 ▶ 4:48 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Opinion
Dhillon: SnapLogic is the enterprise equivalent of Zapier and IFTTT
“So yes, I would say we're the industrial version of some of these toys out there. And you know, we do a pretty good job on the industrial end of it.”
Gaurav Dhillon May 7, 2017 ▶ 11:42 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Assertion Contradicted
Dhillon: SnapLogic Raised Half as Much Capital as Average Pre-IPO SaaS
“We've raised about half of what the average SaaS company does to an IPO. Half.”
Gaurav Dhillon May 7, 2017 ▶ 21:18 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Assertion Supported
Dhillon: Informatica raised $13.5M in venture capital prior to IPO
“We raised 13.5 million dollars.”
Gaurav Dhillon May 7, 2017 ▶ 2:24 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Disclosure
Dhillon: Seeded SnapLogic with a $1 million convertible debt check
“The initial check was a million dollars.”
Gaurav Dhillon May 7, 2017 ▶ 7:16 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Assertion Supported
Dhillon: SnapLogic Has Raised $136 Million in Total Capital
“You know, we've raised one hundred and thirty six million.”
Gaurav Dhillon May 7, 2017 ▶ 8:05 652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
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