4min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

How Tenfold went from $5m ARR, Burning $1m per Month to 100% YoY Growth and a big exit

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

You Don't Have to Have a Great Strategy to Survive a Crisis

Before I joined, the company was about 200 people. And that was at 5 million in revenue. We went down to 29 people and it was probably 80% of the 29 that were left were developers. The other thing is, with a company that had raised 28 million, got to 5 million in ARR and had basically gone flat, we were not in a position to go rebuild a significant demand-gen engine. So we pivoted to go to market 100% towards a channel partner based model which in our business made a lot of sense because we were an integration platform built into our ecosystem.

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