Skip to content
The Twenty Minute VCThe Twenty Minute VC

Inside Figma's $1B ARR Machine | Shaunt Voskanian

Shaunt Voskanian is the CRO @ Figma, where he has scaled the sales machine to over $1BN in ARR and over 400 people. Prior to Figma, Shaunt was Senior VP of Global Sales at Datadog where he scaled the revenue org to $1BN in ARR. ----------------------------------------------- Timestamps: 00:00 Intro 00:52 How Shaunt Fell Into Sales 02:53 The #1 Trait to Succeed in Sales: Curiosity vs. Being Prescriptive 04:31 Is Sales Less Important in a PLG World? 06:56 How Figma's Sales Motion Evolved From PLG to Outbound 11:29 Is the Seat-Based Pricing Model Dead? 13:22 Does the SDR Role Still Have a Future? 16:37 Why Focus & Specialization Is the Key to a Great Sales Team 18:32 When to Intercept a PLG Customer and Convert Them 21:56 How to Think About Sales Quotas 25:29 Why Figma Gives Reps Low Quotas for Hard Strategic Work 26:57 Deal Experience vs. Industry Experience: Which Hire Wins? 27:56 What Shaunt Looks for When Hiring Sales Reps 33:48 Slow Hire vs. Fast Hire: Which Is Better? 37:53 Mercenary vs. Missionary: The Red Flag He Always Misses 39:36 How to Ramp New Sales Reps Effectively 52:50 Is There a Place for the Lone Wolf Rep? 54:58 How to Set Quotas at an Early-Stage Company 56:18 When to Fire a Struggling Rep vs. Give Them More Time 58:02 When and How to Verticalise a Sales Team ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on X: https://twitter.com/HarryStebbings Follow Shaunt Voskanian on X: https://twitter.com/Shauntvoskanian Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #20vc #harrystebbings #figma #sales

Shaunt VoskanianguestHarry Stebbingshost
Mar 20, 20261h 5mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

How Figma builds enterprise growth atop PLG with outbound sales

  1. Figma evolved from largely upgrading self-serve users to a majority-outbound motion that targets expansion within an already massive customer base using prescriptive, insight-led selling.
  2. The company deliberately avoided traditional SDR and CS structures, instead designing roles around the “job to be done” of proactive education, champion-building, and multi-stakeholder enterprise expansion.
  3. Voskanian argues seat-based pricing is not dead for Figma’s buyer base, while acknowledging an emerging hybrid model as Figma introduces AI credit-based monetization.
  4. He calls quotas “kind of made up” as planning tools and advocates setting quota philosophy around the difficulty/strategic nature of the work and the talent scarcity required to do it.
  5. Hiring and performance at scale should prioritize focus/specialization, demonstrated perseverance and growth mindset, and leading indicators (behaviors/competencies) over lagging quota attainment alone.

IDEAS WORTH REMEMBERING

5 ideas

In modern enterprise sales, “curious” isn’t enough—be prescriptive with insights.

Voskanian says buyers are time-poor and want to learn what best-in-class peers do; great reps blend curiosity (diagnosis) with prescription (teaching a point of view) in the same conversation.

PLG doesn’t reduce the need for sales—it changes what sales does.

At Figma, sales increasingly runs outbound plays, but into a large existing user base; the value is expanding from “how you use Figma today” to a better future-state deployment across products and personas.

If your customers self-serve, the expansion motion is often “hunting,” not classic CS.

Because users bought based on their own perceived value, Figma sees a large gap between current vs. ideal usage; closing that gap requires new champions and executive alignment, which fits a seller’s hunting skillset more than reactive support.

Treat SDR/BDR as a modular resource, not a default org layer.

Figma largely avoided traditional SDRs, insisting AEs own pipeline generation; when they do deploy SDR-like capacity, they aim it where it is clearly incremental (e.g., transactional renewals/offloading lower-value work) and as a talent pipeline.

Seat-based pricing isn’t universally dying; match pricing to buyer value mechanics.

Voskanian cites strong net retention under seat-based pricing and suggests the “seat-based is dead” narrative depends on whether you’re replacing labor/outcomes vs. selling a builder/designer tool; Figma is adding AI credits without abandoning seats.

WORDS WORTH SAVING

5 quotes

We don't actually have a traditional CS team. We also don't have traditional SDRs.

Shaunt Voskanian

If you want to be great in enterprise tech sales, it's not just about being curious. It's about being prescriptive.

Shaunt Voskanian

My perspective is quotas are kind of made up.

Shaunt Voskanian

I kinda don't care if you as a rep hit your quota or not… I’m obsessed with behaviors and competencies.

Shaunt Voskanian

Focus and specialization, no question, as early as possible.

Shaunt Voskanian

Curiosity vs. prescriptive selling balancePLG-to-SLG evolution and outbound into installed baseNo traditional CS/SDR model; role redesign by first principlesIntercept timing for PLG upgrades (earlier vs. later)Seat-based pricing vs. AI credit consumptionQuota philosophy and “easy quotas for hard work”Hiring signals, ramping, enablement, and performance frameworks

High quality AI-generated summary created from speaker-labeled transcript.

Get more out of YouTube videos.

High quality summaries for YouTube videos. Accurate transcripts to search & find moments. Powered by ChatGPT & Claude AI.

Add to Chrome