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SaaS Interviews with CEOs, Startups, Founders

Agiloft Founder Feels Good About $50m Run Rate In Next 12-24 Months

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 27 September 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

Contract Lifecyle Management

Transcript

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0:00.0

You know, obviously you now have additional capital on the balance sheet to drive additional growth.

0:03.8

Do you, I mean, do you see a clear path to breaking a $50 million run rate in the next 12 to 24 months?

0:08.4

That is, that is certainly our goal, yes.

0:11.2

Is it feel reasonable or does it make you a little uncomfortable?

0:13.3

It feels like a stretch goal.

0:14.4

I think it's reasonable.

0:17.5

You are listening to conversations with Nathan Latka, where I sit down and interview the top

0:22.7

SaaS founders, like Eric Wan from Zoom.

0:26.4

If you'd like to subscribe, go to getlatka.com.

0:30.6

We've published thousands of these interviews, and if you want to sort through them quickly

0:34.4

by revenue or churn, cack, valuation, or other metrics, the easiest

0:38.8

way to do that is to go to Gitlatka.com and use our filtering tool. It's like a big Excel

0:43.7

sheet for all of these podcast interviews. Check it out right now at GitLatka.com. Hey folks, my guest

0:51.5

today is Colin Earl. He's a software industry veteran with 25 years of experience as a developer, product manager, and CIO. He worked at IBM, General Electric, and three startups before founding Agiloft. It's a leader in contract lifecycle management and they've been featured many times in the Gartner Magic Quadrant. Colin, are you ready to take us to the top?

1:10.0

Sure.

1:13.0

So you first have to tell people, what does that mean?

1:15.0

What does contract lifecycle management mean?

1:22.2

It just refers to the creation and management of contracts, typically contracts between B2B organizations.

1:24.0

And to kind of set the stage for this, negotiating and agreeing upon one of these contracts

1:30.9

can well cost well in excess of $100,000 in attorney fees.

1:36.1

So it's not a small issue.

1:38.5

Of course, the entirety of business is focused around contracts and those define the relationships between the

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