Mark Mader, CEO of workplace productivity specialist Smartsheet, was interviewed by Yahoo! Finance’s Alexis Christoforous and Brian Sozzi on The First Trade in December to discuss the company’s goals.
In the year to December 2019, Smartsheet grew impressively fast, with its NYSE shares hovering around the $44 mark in early December. But is such expansion sustainable long term, especially in a hard-to-categorise market?
“The market is really about empowerment, and when I look at the thousands of organisations that subscribe to Smartsheet, all over the world, they’re thinking about getting more from their workforce,” Smartsheet’s Mader said.
“It’s all about unlocking teams to be able to better manage programmes, projects and processes in a modern way, and that is a globally relevant, very big topic.”
Smartsheet has been growing year-on-year for about a decade, he said.
“We’re very hopeful that we’re just in the early innings of this market — we reach about six million people, globally, today,” Mader said, adding that the total target growth could tip one billion worldwide. Watch the video on Yahoo! Finance.