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

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/) 🕒 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