How do investors in Magic feel about Facebook’s entry into the space with M? I think when you just made $5,000,000,000+ on WhatsApp, among many other winners … you shrug it off. Sources: Magic Is Raising $12M From Sequoia At A $40M Valuation View...
SaaStr-on-Quora just passed 12,000,000 total views, growing about 10% every 20 days. There’s a lot of content there not on SaaStr.com. To catch you up, if you’re interested … the most popular since 11m views are listed and linked to below. I have a...
Can you make over $1 million a year only by being an entrepreneur or a C-Suite executive? When I was a VP in the F500, I’d say the majority of true Corporate VPs made > $1m a year when you include equity (RSUs in particular) and bonuses. Risk adjusted, being...
What makes Stewart Butterfield of Slack such a great founder? I think he’s an amazing recruiter, and I know he’s someone people would want to work for (a key part of the former). Slack the company was an accident (built out of an internal tool). ...
Can you sell something that people don’t need? Yes. Don’t take this “vitamin or painkiller” start-up stuff too seriously. The world survived without cloud-based CRM. The world survived without streaming video. The world survived without the...
In a candid interview at SaaStr Annual 2015, Parker Conrad, CEO of Zenefits, and VP of Sales Sam Blond share their journey that started with a simple “What if…?” and how that led to an audacious goal: deciding mid-year to double their sales plan from...
How do you get invited to become a junior partner at a venture capital firm on Sand Hill Road in Menlo Park? Most junior partners get “noticed”. There’s a need every few years to bring in one, or more, new partners to refresh the team. Usually, VCs...
What is a reasonable percentage of a startup if it was my idea and I’m paying for everything? One way to approach the scenario of multiple co-founders but just one paying for everything is to create a second bucket of stock. You divide up “founders”...
Does a SaaS CEO need a mentor when (s)he can follow Jason Lemkin on Quora? You do. You need someone as CEO you can talk to about almost anything. To challenge your thinking, to provide a sanity check. To point out the things you are doing that are better than they...
I heard a rumor that Palantir is having an extremely high turnover right now. Is that true? Don’t listen to these rumors — even if they are true. The reality is B2B companies go through higher churn than you might expect as they go through phases. The...
Do VCs work with startups that need less than 500K? Patrick Mathieson’s answer is spot-on. I’d dive in one level deeper and say most VCs that manage less than say $300m in a fund will do a smaller investment so long as they (1) can buy at least 7.5%-10% of...
What are very early stakeholders’ expectations regarding dilution by an expansion of the founding team? Many times it sort of works itself out, in that many SAFE notes and convertible debt instruments are based on the capitalization of the company as of the next...
We know there are SaaStr fans in all corners of the world, but we’re just amazed that a whopping 32% of 2016 attendees are coming from outside the US (from 24 countries!). Wow. We also know that coming to the SaaStr Annual is an investment (the best one you’ll make...
How does Jason Lemkin feel about Docusign’s recent Series F for 233M? What does the future of e-signatures entail? I think Keith is a great CEO in general, and an A++++ fundraiser in particular. View original question on quora
We ran an experiment recently to see if a “Get in Early” series on SaaStr would perform with RainforestQA. Turns out it performed really well, driving amazing candidates and solutions to them, so we’re gonna turn this into a semi-permanent thing....