The Logan Bartlett Show

EP 96: Tracy Young (CEO, TigerEye) Emerges from Stealth and Shares Every Mistake She Made As A First-Time CEO

23 snips
Mar 22, 2024
Tracy Young shares insights on building PlanGrid, selling for $875 million, and diving into her new venture TigerEye. Discussions cover market dynamics, team dynamics, sales strategy evolution, personal growth, and the emotional journey of losing a co-founder. Insights on company culture, recruitment strategies, product development, customer tracking, and challenges of scaling. They also delve into navigating tough decisions like firing employees and the transition from construction engineering to tech entrepreneurship.
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ANECDOTE

Early Plangrid Sales

  • Plangrid reached $5M ARR before hiring its first quota-carrying salesperson in 2015.
  • They operated cash-flow positive, with everyone contributing to sales efforts.
ADVICE

Advice on Selling

  • Companies are bought, not sold, so focus on building a strong business.
  • Prioritize growth, good technology, a strong team, and substantial revenue.
ANECDOTE

TigerEye's Purpose

  • TigerEye helps companies predict their future with a business simulation engine.
  • It sits between CRM and ERP, using AI and statistics for sales scenario planning.
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