The Ledger

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Insight
EPM software seat counts depend on centralization philosophy, not company size
“Corporate finance departments don't actually scale that much with the size of a company, and the number of users of our kind of software actually varies much more with the corporation's centralization philosophy. So some big companies are super centralized, an…”
Dave Kellogg Sep 10, 2017 ▶ 4:29 778: SaaS: With $80M Raised, He Left Salesforce to Bring Finance Departments to The Cloud
Insight
Startups can hit $1M ARR with bad ideas, but rarely $10M
“You can get to one million with a bad idea. It's hard to get to 10 with a bad idea, right? So, so it's kind of a rite of passage to say there's a lot of risks taken out of it. If you can, you know, get to order a magnitude ten million in ARR there's a lot of r…”
Dave Kellogg Sep 10, 2017 ▶ 10:36 778: SaaS: With $80M Raised, He Left Salesforce to Bring Finance Departments to The Cloud
Insight
Discounting multi-year prepays below your churn rate creates a win-win
“If you're giving a discount smaller than your churn rate for a multi-year prepay, everybody wins.”
Dave Kellogg Sep 10, 2017 ▶ 15:30 778: SaaS: With $80M Raised, He Left Salesforce to Bring Finance Departments to The Cloud
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