1422 How He Drove $300k Expansion on $1m ARR Cohort in 12 Months

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1422 Nicolas Vandenberghe How He Drove $300k Expansion on $1m ARR Cohort in 12 Months

Nicolas Vandenberghe is the CEO of Chili Piper (https://www.chilipiper.com/)

πŸ•’ Time Stamped Show Notes:

00:00 – Nathan's introduction to today's show

0:35 – Why they help businesses close more sales

2:10 – How the average customer pays them around $10k annually

3:55 – Why customers are pairing this technology with SDR's

5:05 – How they launched the company in January of 2016

5:20 – Why more than 200 customers are using their software today

6:10 – How they are at $2M in ARR right now

6:30 – Why they have hit net negative revenue churn annually

8:10 – How a majority of their growth has come from driving expansion revenue

8:35 – Why they have decided to bootstrap up to this point

9:35 – How they recieve payback

10:20 – Why the Chili Piper team has grown to 14 full-time employees

11:00 – How they are receiving payback within one month

14:40 – Why he would look to raise $5M at a pre-money valuation of $40M

15:35 – The Famous Five

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