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SaaS Interviews with CEOs, Startups, Founders

Pendo Shares Board Deck Slides, Breaks $200m Revenue, Lessons with Co-Founder Eric Boduch

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

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

4.6683 Ratings

🗓️ 5 November 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Co-Founder Eric Boduch joins Latka on stage to share how they got 2,842 leads in Q2 2017. This helped them hit $15m in ARR before growing to over $200m today in Sept 2024. Will Pendo hit $300m before Dec 2025?

Transcript

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0:00.0

You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

0:13.5

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, cac, valuation, or other metrics, the easiest way to do that is to go to gitlatka.com and use our filtering tool.

0:30.0

It's like a big Excel sheet for all of these podcast interviews. Check it out right now at gitlatka.com.

0:41.3

The full story of Pendo, what he's doing now today. Please help me welcome to the stage, Eric Boduk from Pendo.

0:44.3

You almost missed that shot.

0:53.3

I almost did it. I was going to be a terrorist. The trash shot in the corner, he almost missed that shot.

0:54.2

I almost hit.

0:55.0

I was going to be embarrassed.

0:56.0

The trash shot in the corner, he almost missed.

0:58.0

The left hand, it was my off hand.

1:00.0

Well, we're thrilled you're here because we had your partner in crime, Todd, I guess two years ago, and got a great story from him.

1:07.0

And I said, Todd, I got to meet the other half, let me meet Eric.

1:09.0

Just kick us off really quick. When was the first dollar of revenue at Pendo? And then tell me how you and Todd got together. First dollar of revenue, I think it was, what, 2014, 15, 15. Or there was a little bit at the end of 14. Very, very little. And then 15 was really when the revenue started.

1:28.4

You guys can see the revenue graph here on stage.

1:30.7

Again, this goes through 2021.

1:32.6

I got permission to share this just last night.

1:34.8

They are now today over $200 million of revenue.

1:37.3

So they've more than doubled what this green graph is at, which is really incredible.

1:41.7

Go back to how you and Todd met, was it research triangle related, or how did you

1:45.2

guys get together in the beginning? We met at college. College, okay. So we both,

1:49.7

computer engineering, which really was computer science with chip design as opposed to math.

1:55.4

For me, it was like all computer science classes. So we met a college, and I actually hired

...

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