Dear SaaStr: Why Do VCs Want to See At Least 2 Co-Founders?
Dear SaaStr: Why Do VCs Want to See At Least 2 Co-Founders? First off, note that clearly it is possibly to build a huge SaaS company without a traditional co-founder. It’s not the most common path, but now we can see that a number of leaders have done it: Zoom,...SaaS CEOs That Go The Distance, To IPO … Tend To Be Founder-CEOs (Updated)
Non-founder CEOs get fired all the time — and these days, are quitting more often than ever. Founder-CEOs getting fired seems rarer these days, though. OpenAIs, Ubers and WeWorks aside. Two that would be hard to imagine happening today: Pushing Steve Jobs out...Dear SaaStr: What does a US-Based SaaS company Need to Know Before Expanding into Europe?
Dear SaaStr: What does a US-Based SaaS company Need to Know Before Expanding into Europe? Let me simplify it all to 4 simple pieces of advice: For most U.S. companies: Start marketing, supporting and talking to European customers as a distinct segment once you have 10...Is Your VP Too Hard to Work With? The 2 Hour Rule
So we’ve talked a bit about high performing but toxic employees recently, and that sometimes you have to tolerate one, but not more than one, and not forever. More on that here. A different but related topic is The Hard to Work With VP. The VP that’s smart, gets...Dear SaaStr: What Are The Worst Realities of Being An Entrepreneur?
Dear SaaStr: What Are The Worst Realities of Being An Entrepreneur? The worst reality, which is also part of what makes entrepreneurship so visceral — is the true feeling of Failing With 100% Responsibility. It often doesn’t leave you until $20m, $30m ARR, or...Dear SaaStr: How do VCs Really Feel About Founder Salaries? I Was Told That a General Rule of Thumb is 75% of Market
Dear SaaStr: How do VCs Really Feel About Founder Salaries? I Was Told That a General Rule of Thumb is 75% of Market The 75% Rule once you are VC Funded for more than a few million dollars is a good one. But if you raise less than that — 75% may well be too...Lessons on Scaling Customer Success from $1M to $300M in ARR with Success Venture Partners
Learn what it takes to scale Customer Success at every stage of growth — from $1M to $300M+ in ARR — with founder and Managing Partner at Success Venture Partners and former VP of Customer Success at Motive.
Dear SaaStr: Why Do Many Startup CEOs Quit After Their Companies Are Acquired?
Dear SaaStr: Why Do Many Startup CEOs Quit After Their Companies Are Acquired? Five reasons: First, it’s very difficult for most founder-CEOs to work for someone else. They generally don’t mind working with others. They don’t even need to be “the boss”. But being told...Dear SaaStr: What is Your Worst Memory as an Entrepreneur?
Dear SaaStr: What is Your Worst Memory as an Entrepreneur? Let me make a short list: Having a critical co-founder walk out the door and never return. This happened to me once with a true co-founder, and once with a critical early employee (a critical COO). The...The Key To Unlocking Profitability and Growth in SaaS with Expensify’s COO Anu Muralidharan
How do you build a successful, high-growth company that is also profitable? Expensify’s COO, Anu Muralidharan, debunks the fallacy that profitability comes at the expense of growth.
Dear SaaStr: How Do Founder CEOs Typically Transition Out of the Role?
Dear SaaStr: How Do Founder CEOs Typically Transition Out of the Role? It’s a complicated question. Most founders that voluntarily step down tend to want to remain involved at some level, often as “Executive Chairman”. And the VCs and investors often like this. The...The Founder Playbook with Loom’s CEO & Co-Founder, Joe Thomas (Pod 669 + Video)
With Loom announcing its almost $1B acquisition by Atlassian, we thought it would be a great time to dig back on CEO Joe Thomas’s presentation at SaaStr Europa in June on how they got there. Joe Thomas, CEO & Co-founder of Loom, shared 5 hard-earned lessons...Dear SaaStr: What Is “Uncalled Capital” in a VC Fund?
Dear SaaStr: What Is “Uncalled Capital” in a VC Fund? This is worth understanding as a founder. In any venture fund of a material size (even just $50m+), the vast majority of the fund is not used for initial checks into startups. Yes, that’s right. ...The Secrets to Scaling and Growth in Uncertain Times with Monday.com Co-Founder and Co-CEO Eran Zinman
monday.com is a $700m+ company today, which is 100x bigger than it was just six years ago. Discover the Co-Founder and Co-CEO’s secrets to scaling and growth in an unpredictable market.