In this episode of the Ignite podcast, Brian Bell interviews John Jahnke, CEO of Tackle, where they discuss Tackle's journey and the evolution of cloud marketplaces. Jahnke, originally an investor in Tackle, narrates the inception of the company, deriving from his time at another startup called Greenplum, which led to the foundational technology of another company that went public. He became CEO after a suggestion from Tackle's technical founder, Dylan.
Brian and John met when Tackle was a team of about six, with early signals of product-market fit and roughly 10 customers, including their first significant customer, New Relic. John talks about the initial skepticism around marketplace-driven software sales and how buying behaviors have since changed to align with cloud-based marketplaces.
Jahnke outlines Tackle's growth trajectory, from its 'super seed' round in 2016 to raising rounds with top VCs like Bessemer and Andreessen. Tackle navigated its startup phase focusing on software distribution in the cloud, ultimately leading to marketplace success. John touches on the challenges of raising seed money and the ease of raising later-stage capital when showing value and retention.
The conversation shifts to the hardships of scaling, mentioning two restructuring events Tackle went through due to market changes and growth pains. Jahnke emphasizes the importance of customer focus and aligning with significant industry trends like cloud and B2B software budgets.
The podcast also delves into how Tackle shifted from software distribution to addressing more profound marketplace problems, such as building bridges between existing sales processes and cloud marketplaces, enhancing data-driven decision-making, and streamlining engagements between ISV and cloud reps.
Jahnke stresses that early startups should consider cloud marketplaces when they have executive alignment, a clear product strategy, and a distinct advantage for cloud buyers. He suggests startups initiate with one cloud provider and expand as they scale.
Towards the end, John predicts every software rep will be comfortable with cloud marketplaces in five years, and in 25 years, he envisions a significant shift in B2B e-commerce, possibly seeing consolidation in digital selling tech stacks.
The podcast wraps up with a rapid-fire round where Jahnke prefers SaaS over on-prem and recalls "Crossing the Chasm" as an impactful book. He shares a philosophy on mentorship learned from his time at EMC and imagines he would be an adventure travel guide if not in tech.
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