Sachin Gupta, founder and CEO of technical assessment platform HackerEarth, discusses customer revenue distribution and concentration risk with Nathan Latka.
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“We have a fairly even distribution. I would say our top customers, some of my biggest accounts would contribute only to about 10% of our revenue.”
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More from Sachin Gupta
Insight
Gupta: Tying CSMs to revenue expansion incentivizes ignoring account churn
“I personally believe that CSM should be responsible for driving product adoption, building a customer champion, and making a customer responsible. Expansion will happen naturally if all those three things are happening. Now, what happens is if you give your CS…”
Sachin GuptaAug 20, 2020▶ 13:48HackerEarth 4.5m Developer Community Breaks $5m Run Rate, 100% Net Retention
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Gupta: Recruiter seats yield more predictable SaaS revenue than assessment volume
“Number of recruiters, because number of assessments could vary year from year, year on year. You know, you sometimes have a slow time in terms of firing, sometimes you have a sudden surge, so we don't really want, so to introduce, you know, more predictability…”
Sachin GuptaAug 20, 2020▶ 3:57HackerEarth 4.5m Developer Community Breaks $5m Run Rate, 100% Net Retention
Insight
Gupta: SaaS growth should operate as a step function to break-even
“The way I look at our journey, it has been more of a step function. So you invest and you know, you reach that level. So you kind of break even, and then you say, again, I'm going to invest. And that's what we've always done.”
Sachin GuptaAug 20, 2020▶ 17:20HackerEarth 4.5m Developer Community Breaks $5m Run Rate, 100% Net Retention
AssertionNot checkable as stated
HackerEarth lands typical accounts at $7k-$12k for 2-3 recruiter seats
“So I would say the right land opportunity for us is two to three recruits that comes out to about seven to 12,000 dollars to land. And then we typically expand from there. Of course, you know, we've got the long tail, which may just start with just one recruit…”
Sachin GuptaAug 20, 2020▶ 4:23HackerEarth 4.5m Developer Community Breaks $5m Run Rate, 100% Net Retention
AssertionNot checkable as stated
Gupta: HackerEarth conducts nearly one million assessments annually
“So we, on an annual basis, we are doing close to a million assessments.”
Sachin GuptaAug 20, 2020▶ 6:54HackerEarth 4.5m Developer Community Breaks $5m Run Rate, 100% Net Retention
AssertionNot checkable as stated
Gupta: HackerEarth serves approximately 500 customers globally
“So we're working with about 500 customers split, you know, distributed globally.”
Sachin GuptaAug 20, 2020▶ 7:03HackerEarth 4.5m Developer Community Breaks $5m Run Rate, 100% Net Retention
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