Blog Posts, Early, Featured Q&A, Product, Q&A, SaaS Product Pricing
The 3 Types of Day 1 Pricing: Low End of Normal. Identical. And Anchor High.
Q: As an entrepreneur starting out, is it better to overprice your product or underprice it? For most of us, as we build up our confidence, the best initial pricing…
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Blog Posts, Early, Featured Q&A, Sales, Sales
7+ Tips On How To Build Your First Sales Team
Q: How do you structure a sales team when you’ve got zero experience doing sales? Well, first go get some experience with sales. 🙂 At least, close the first 10…
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Blog Posts, Featured Q&A, Fundraising, Q&A
Can an Entrepreneur Back Out of a Signed Term Sheet Without Damaging Their Reputation?
Can an entrepreneur back out of a signed term sheet without damaging his/her reputation? I’m going to say Yes, probably. There is a lot of drama around broken term sheets. Mostly…
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Blog Posts, Company Culture, Featured Q&A, Hiring, Leadership, SaaStr Events, Videos
The Playbook to Scaling Your Team in Hypergrowth with Flexport CRO Ben Braverman (Video + Transcript)
Ben Braverman explains how Flexport entered a competitive market with a unique model and continues to grow. Hiring senior leaders can set companies up to fail and see how sticking…
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Blog Posts, Customer Success, Featured Q&A, Growth, Leadership, SaaStr Events, Sales, Videos
Defining Your Customer Journey From Prospect to Champion with Sage People SVP Kathy Lord (Video + Transcript)
Creating champions requires detailed focus on the journey. Kathy Lord, SVP of Sage People explains how asking hard questions, embracing feedback and making personal connections with your customers can move…
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Blog Posts, Featured Q&A, Fundraising, Q&A
15+ Due Diligence Questions You Really Should Be Asking Every VC You Meet
If you really want to diligence a VC, Talk to the CEO of a portfolio company not listed on their twitter — Jason ✨BeKind✨ Lemkin ⚫️ (@jasonlk) August 16, 2020…
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Career Growth & Advice, Company Culture, Featured Q&A, Hiring, Human Resources, Leadership, Podcasts
SaaStr Podcasts for the Week with SocialChorus, Trello, Gremlin, Terminal, Guild Education, Gitlab, and Pleo — November 15, 2019
Ep. 282: Michael Pryor, Co-Founder & CEO @ Trello, now Head of Trello Product with Atlassian following their recent acquisition. Kolton Andrus is the…
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Blog Posts, Featured Q&A, Q&A, Scale
The Average SaaS Unicorn Raises $370,000,000. And Bootstrapping is Rare.
We were recently asked: Q: Are there any examples of a unicorn startup that was bootstrapped? Of course the answer is yes. But I didn’t have a sense of how…
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Blog Posts, Featured Q&A, Q&A, Sales, Sales
Why SMB Reps Struggle in the Enterprise. And Vice-Versa.
Q: How is low/mid-ticket sales different from enterprise sales? They are very, very different. If I had to boil down how to filter potential sales professionals based on just 1…
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Blog Posts, Featured Q&A, Q&A
What is the hardest rejection you’ve ever had in sales?
What is the hardest rejection you’ve ever had in sales? The hardest rejection I’ve had in sales was around renewals. Especially ones I thought we really had earned. But still…
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Featured Q&A, Marketing, Marketing, Podcasts, SaaS Product Pricing
SaaStr Podcasts for the Week with Zoom and Menlo Ventures — September 20, 2019
Ep. 266: Janine Pelosi is the CMO @ Zoom, the next-generation enterprise phone system. Prior to their very successful IPO, Zoom raised funding from some of…
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Blog Posts, Featured Q&A, Q&A
What skills do you look for in an entry level sales person?
What skills do you look for in an entry level sales person? If you are a founder hiring salespeople to manage yourself (i.e., you don’t have a VP of Sales…
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Featured Q&A, Q&A
How difficult is to become a venture capitalist after 45?
It can be harder than you might think. The further you are along in your career, the easier it is to have the time, networks and personal capital to be…
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Featured Q&A, Q&A
Have you invested in a company before companies pre-IPO? How much ROI did you get?
So far, my ‘13–’15 investments are at about 10x. My ‘16-’18 investments are much earlier, and are sitting just under 2x. A few lessons for me: “Power laws” is an…
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