Insight certainty 3/5 debate potential 3/5

Lillia: Early-stage SaaS should prioritize new customer acquisition over net retention

Nicholas Lillia · How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool · Apr 11, 2024 · at 8:05

Nicholas Lillia, founder of Younium, discusses go-to-market priorities and the balance between NRR and new customer growth.

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“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 also I think like new customer growth is equally important in the early days.”

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More from Nicholas Lillia

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 Lillia Apr 11, 2024 ▶ 9:27 How 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 Lillia Apr 11, 2024 ▶ 13:23 How 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 Lillia Apr 11, 2024 ▶ 6:14 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Assertion Not checkable as stated
Lillia: Younium has surpassed 200 paying customers
“So we crossed 200.”
Nicholas Lillia Apr 11, 2024 ▶ 14:37 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Prediction Not 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 Lillia Apr 11, 2024 ▶ 15:10 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
Assertion Not checkable as stated
Lillia: Younium generates around $6.5M in ARR
“No, the 30 K per customer is probably 31 or 32. I know something, but when you multiply with 200, it's still sort of something. So, so, so I would say around like six and a half million views dollars, something like that.”
Nicholas Lillia Apr 11, 2024 ▶ 15:51 How Younium Hit 200 Customers Paying $30k ACV For its Billing and Revenue Analytics tool
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