Run the Numbers

From Amazon to Docusign: A CFO’s Guide to Building Durable Systems | Blake Grayson


Listen Later

Blake Grayson, CFO of Docusign, joins CJ Gustafson to discuss how a company that redefined e-signature and became a verb is now navigating its next chapter in intelligent agreement management. Drawing on more than a decade at Amazon—where he helped forecast AWS and worked inside some of the company’s most operationally demanding businesses—Blake explains how financial discipline, operational depth, and clear narrative-building shape his approach as CFO. The conversation explores how to evolve a beloved product without diluting the brand, why pricing is as much about positioning as revenue, how to communicate go-to-market mechanics without losing the room, and why effective capital allocation accepts that not every big bet needs to land to shape the leader you become.

SPONSORS:

Fidelity Private Shares is the all-in-one equity management platform that keeps your cap table clean, your data room organized, and your equity story clear—so you never risk losing a fundraising round over messy records. Schedule a demo at https://www.fidelityprivateshares.com and mention Mostly Metrics to get 20% off.

Sage Intacct is a cloud financial management platform that replaces spreadsheets, automates workflows, and keeps your books audit-ready as you scale. It unifies accounting, ERP, and real-time reporting for finance, retail, logistics, tech, and professional services. With payback in under six months and up to 250% ROI, and eight years as the customer-satisfaction leader, Sage Intacct helps you take control of your growth: https://bit.ly/3Kn4YHt

Mercury is business banking built for builders, giving founders and finance pros a financial stack that actually works together. From sending wires to tracking balances and approving payments, Mercury makes it simple to scale without friction. Join the 200,000+ entrepreneurs who trust Mercury and apply online in minutes at https://www.mercury.com

RightRev automates the revenue recognition process from end to end, gives you real-time insights, and ensures ASC 606 / IFRS 15 compliance—all while closing books faster. For RevRec that auditors actually trust, visit https://www.rightrev.com and schedule a demo.

Tipalti automates the entire payables process—from onboarding suppliers to executing global payouts—helping finance teams save time, eliminate costly errors, and scale confidently across 200+ countries and 120 currencies. More than 5,000 businesses already trust Tipalti to manage payments with built-in security and tax compliance. Visit https://www.tipalti.com/runthenumbers to learn more.

Aleph automates 90% of manual, error-prone busywork, so you can focus on the strategic work you were hired to do. Minimize busywork and maximize impact with the power of a web app, the flexibility of spreadsheets, and the magic of AI. Get a personalised demo at https://www.getaleph.com/run

LINKS:

Blake on LinkedIn: https://www.linkedin.com/in/blake-grayson-3197043/

Docusign: https://www.docusign.com/

CJ on LinkedIn: https://www.linkedin.com/in/cj-gustafson-13140948/

Mostly metrics: https://www.mostlymetrics.com

RELATED EPISODES:

“Steal Your Boss’s Job”: Calendly CFO John McCauley on Leadership, Ownership & Growth

https://youtu.be/VRpTNDIfzPY

TIMESTAMPS:

00:00:00 Preview and Intro

00:02:39 Sponsors – Fidelity Private Shares | Sage Intacct | Mercury

00:05:09 DocuSign as a Top CFO Tool

00:07:33 From E-Signature to Intelligent Agreement Management

00:09:09 Complexity Before and After a Signature

00:11:02 Cost of Poor Agreement Management

00:12:30 Agreement Oversight and CFO Risk

00:13:28 Pricing: Usage to Seat Models

00:14:12 Enterprise vs SMB Pricing

00:15:00 Sponsors – RightRev | Tipalti | Aleph

00:19:18 Simplicity, Tiers, and IAM Value

00:20:36 Forecasting New Products in a Renewals Base

00:22:13 Modeling Mix Shift and GTM Enablement

00:23:56 Faster Time-to-Value With Intelligent Repositories

00:25:06 Building GTM Muscle for a Platform

00:26:29 Launching IAM in Commercial First

00:27:31 Forecasting Growth vs Cost

00:28:41 Company-Wide Alignment on Priorities

00:30:02 Aligning Investor Messaging With Operations

00:31:20 Staying Focused on Long-Term Outcomes

00:32:27 Customer-First Decision Making

00:33:41 Transparency and What Not to Disclose

00:34:52 Asking Better Metric Questions

00:36:28 Avoiding Data Paralysis

00:38:52 Amazon’s Weekly Business Reviews

00:41:07 Bezos Meetings and the Silent Read

00:45:09 The “Question Mark Email” and Customer Anecdotes

00:50:22 Unit Economics of a Server and Early AWS Bets

00:53:42 Handling Nonpayment Risk

00:55:07 Operational Chaos: Perishables and Regulation

00:57:04 The “No Eggs in California” Story

00:59:31 Treating Escalations as Company Problems

01:00:59 Biggest Career Mistake

01:02:44 Advice to His Younger Self

01:06:34 Tools Finance Uses: Oracle, Bots, IAM, Salesforce, Workday

01:09:21 Wildest Expense Attempts

01:12:32 Closing Thanks and Credits

#RunTheNumbersPodcast #Docusign #CFOInsights #SaaSLeadership #AIManagement



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjgustafson.substack.com
...more
View all episodesView all episodes
Download on the App Store

Run the NumbersBy CJ Gustafson

  • 5
  • 5
  • 5
  • 5
  • 5

5

56 ratings


More shows like Run the Numbers

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,285 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

534 Listeners

Odd Lots by Bloomberg

Odd Lots

1,930 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,091 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,355 Listeners

Founders by David Senra

Founders

2,163 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

337 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

796 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

142 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,925 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

449 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

348 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

281 Listeners

Moneywise by Hampton

Moneywise

661 Listeners

TBPN by John Coogan & Jordi Hays

TBPN

121 Listeners