<p>We had to record this unusual episode. In what feels like a single day, a year's worth of drama has unfolded in software.</p><p>It almost seems like John Oliver would talk about it. But since he's busy, we decided to do an episode for him on 11x and the chaos that's emerging.</p><p></p><ul><li>(00:00) - Introduction</li>
<li>(02:03) - Deel, Rippling and the spy</li>
<li>(05:35) - 11x</li>
<li>(08:13) - TechCrunch acquired</li>
<li>(09:33) - Fake Customers Controversy</li>
<li>(13:54) - Insane Churn Rates</li>
<li>(19:38) - Investor lawsuit? nope</li>
<li>(23:11) - Employees. Not happy.</li>
<li>(29:23) - Product Performance and Market Fit</li>
<li>(34:25) - Future Prospects and Challenges</li>
</ul><br><strong>Sources</strong><br><a href="https://techcrunch.com/2025/03/24/a16z-and-benchmark-backed-11x-has-been-claiming-customers-it-doesnt-have/">Techcrunch on 11x</a><br><a href="https://x.com/hasan_sukkar_/status/1904408098212806804/photo/1">Hasan's post on X</a><br><a href="https://saassalesdirector.medium.com/11x-ai-review-worth-the-hype-a33e89a9716f">AI SDR test</a><p>Never miss a new episode, join our newsletter on <a href="https://revenueformula.substack.com/">revenueformula.substack.com</a></p>

The Revenue Formula

Toni Hohlbein & Raul Porojan

Last week in software: 11x, Deel, Rippling & spy-bound

MAR 27, 202539 MIN
The Revenue Formula

Last week in software: 11x, Deel, Rippling & spy-bound

MAR 27, 202539 MIN

Description

We had to record this unusual episode. In what feels like a single day, a year's worth of drama has unfolded in software.

It almost seems like John Oliver would talk about it. But since he's busy, we decided to do an episode for him on 11x and the chaos that's emerging.

  • (00:00) - Introduction
  • (02:03) - Deel, Rippling and the spy
  • (05:35) - 11x
  • (08:13) - TechCrunch acquired
  • (09:33) - Fake Customers Controversy
  • (13:54) - Insane Churn Rates
  • (19:38) - Investor lawsuit? nope
  • (23:11) - Employees. Not happy.
  • (29:23) - Product Performance and Market Fit
  • (34:25) - Future Prospects and Challenges

Sources
Techcrunch on 11x
Hasan's post on X
AI SDR test

Never miss a new episode, join our newsletter on revenueformula.substack.com