Next year will be the first time that percentages really matter for Vainu. After one million in sales, SaaS companies typically start expressing their growth from percentages to headcount. It sounds much better when you say we’ve grown 1000 % this year rather than recruited 25 people. Next year, if we grow only a third of that it means we need to recruit 75 people. That is a whole bunch of people.
"You are a family business if you don’t get from 1m to 10m in 24 months."
Achieving 1m Eur in annual sales is when money starts to count and percentages start fading away. 1 million in sales is merely a buy–in for the SaaS table and it’s about the race to 10 million euros. As the valuations of tech companies are getting higher so are the requirements - you are a family business if you don’t get from 1m to 10m in 24 months.
"We are kicking the year off with recruiting 10 new people to join Vainu – half of which go to Sweden."
We’ve prepared as well as we can. It has all been preparation from being a pet-like start-up to a real company. We are kicking the year off with recruiting 10 new people to join Vainu – half of which go to Sweden. There is a solid plan ready for Central Europe and a few interesting options for the UK in Q3.
So what will 2016 be for Vainu? Perhaps another year of preparation, for 2017. Only a few percent of the possibilities of data driven sales has been revealed so far, giving huge advantages to those of us who use it. By utilizing our own product we were able to break even in our first international market outside home in two months and we intend to repeat that process in other markets as well.
"If you ever consider getting in touch with us, now is the time."
During 2016 we will launch Vainu in new platforms with alternative subscription models that will benefit everybody. Also, the amount of data we analyze will be hundredfold. So more markets, more platforms utilizing more data. It will not be easy and it will mean that we need help. So, if you ever consider getting in touch with us, now is the time. 2016 is a year where we need dozens of skilled people to join us and share the experience of what it is like to prepare for 2017!