1572 How This CEO Plans to be IPO Ready in 2 Years
SaaS Interviews with CEOs, Startups, Founders
Nathan Latka
4.6 • 683 Ratings
🗓️ 13 November 2019
⏱️ 24 minutes
🧾️ Download transcript
Summary
ThousandEyes empowers businesses to see, understand and improve connected experiences everywhere. The ThousandEyes cloud platform offers unmatched vantage points throughout the global Internet and provides immediate visibility into experience for every user and application over any network, so companies can deliver superior digital experiences, modernize their enterprise WAN and successfully migrate to the cloud. ThousandEyes is central to the global operations of the world's largest and fastest growing brands, including Comcast, eBay, HP, 100+ of the Global 2000, 60+ of the Fortune 500, five of the six top US banks and 20 of the 25 top SaaS companies. For more information, visit www.ThousandEyes.com or follow us on Twitter at @ThousandEyes.
Transcript
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| 0:00.0 | Founded a 2010 on a very small grant. Now, 250 people, thousandizing and helping teams, really network teams make really what's invisible visible so they can go attack the right problems, whether it's website loading time, a cybersecurity use case or other things. They have over 500 customers paying caught on average, $100,000 ACV. |
| 0:16.6 | Net revenue retention, world class in the 130-ish, 140% range with an eye to being IPO ready in the next two to two and a half years. |
| 0:25.0 | Hello, everybody. |
| 0:25.5 | My guest today is Mohit Lad. |
| 0:27.3 | He runs a company called Thousand Eyes, which empowers businesses to see, understand, and improve connected experiences everywhere. |
| 0:32.4 | The cloud platform offers unmatched vantage points through the global internet and provides immediate visibility and experience for every user and application over any network so companies can deliver |
| 0:40.7 | superior digital experiences. The company is central to the global or operations of the world's |
| 0:45.6 | largest and fastest-growing brands, including Comcast, eBay, HP, 100 of the global 2016 of the |
| 0:51.0 | Fortune 500, along with five of the six top U.S. banks and 20 of the 25 top |
| 0:55.4 | SaaS companies. Mohit, are you ready to take us to the top? Yeah, I am. Look forward to it. |
| 1:00.8 | It's pretty remarkable. Well, this all started with what a million dollar grant that you |
| 1:04.3 | got in small chunks, huh? Yeah, so it actually started with a 150K grant that was from the |
| 1:10.1 | National Science Foundation. |
| 1:11.7 | And we chose it out of building the company based on really building a first version of the product and taking it to market versus raising venture money. |
| 1:18.8 | So that grant over a period of time over the next two years totaled about a million dollars. |
| 1:23.8 | But yeah, small start. |
| 1:25.0 | Well, that's right. And what year was that when did you launch? |
| 1:27.4 | So this was 2010. |
| 1:28.8 | So we started the company officially in 2010 and we launched the product in 2013, but we |
| 1:34.6 | started selling it from early 2011. |
| 1:37.5 | And we're just sort of acquiring customers, making sure we really understand what are the |
| 1:41.9 | problems we're solving for the customers and then working on |
... |
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