4.6 • 683 Ratings
🗓️ 23 October 2018
⏱️ 24 minutes
🧾️ Download transcript
As the CEO of Assembla, Paul Lynch is responsible for driving the strategic direction of the company. Prior to Assembla, Paul held multiple executive roles within cloud businesses where he drove revenue growth and international expansion. Paul has a Marketing degree from Dublin City University and is fluent in Spanish.
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0:00.0 | Keep trying. |
0:01.1 | He, his buddy Ed teamed up with another friend Lou. |
0:04.2 | They created a company called ScaleWorks. |
0:05.7 | They then bought a company called Assembla a couple years ago, which had basically, you know, |
0:09.4 | it was a healthy company, a lot of legacy, but just wasn't growing fast enough to be interesting |
0:13.2 | for VC or a big exit to a private equity firm. |
0:15.7 | So ScaleWorks bought it. |
0:17.3 | Ed Lou brought in Paul. |
0:18.6 | He's now leading the company. They focused on going upstream, |
0:21.6 | increasing our proofs from call it 200, 100, 100 bucks a month, up to now 500, up to 1,500 |
0:25.7 | bucks per month. They're seeing significant growth based on GDPR regulations, currently serving |
0:29.5 | 3,500 customers in terms of version control in the cloud, cybersecurity, and a little bit |
0:35.0 | of testing built in. Churn, super healthy, a little south of a million bucks in monthly occurring revenue |
0:40.2 | right now growing 60%. |
0:41.4 | You're over there with their team of 45 people. |
0:44.5 | This is the top entrepreneurs podcast where founders share how they started their companies |
0:50.4 | and got filthy rich or crash and burn. Each episode features revenue numbers, |
0:58.7 | customer counts, and other insider information that creates business news headlines. |
1:05.1 | We went from a couple of hundred thousand dollars to two point seven million. I had no money |
1:09.0 | when I started the company. It was a hundred and sixty160 million, which is the size of any IPOs. |
1:13.6 | We're a bit strapped. |
1:14.6 | We have like 22,000 customers. |
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