When you ask most VCs that haven’t been founders to interview a VP candidate, they often don’t know the right questions to ask. They weren’t founders. So they just pitch the company and try to help close the candidate That’s OK, that’s...
Dear SaaStr: How Do I Take Over Customers From My Biggest Competitor? You can do it, it happens all the time. But you gotta put in the work. 95% of vendors and folks and sales reps don’t actually put in the world. You gotta do the 3 P’s: Patience. Persistence....
So many folks are doing well today, fueled by AI spend and in some cases, the overall health of the consumer economy, Microsoft, Cloudflare, GitLab (and GitHub for that matter), CrowdStrike (before that small little outage), Wiz, Plantir and so many others are in The...
A few “rules” in raising venture capital that founders somehow … seem to constantly miss. Or get wrong: If your existing investors have a strong brand and aren’t positive on you, it can much harder to raise. At a minimum keep them in the loop. Don’t just ignore them...
Robbie O’Connor, GM EMEA at Notion and first European hire at Asana and Dropbox walks through the building blocks required to scale GTM teams and operations
We’re getting there! 2024 SaaStr Annual is Sep 10-12 in SF Bay! We’re adding 2 final batches of A+ speakers. This week, our new speakers include: Matt Plank, CRO @ Rippling Yasir Motiwala, Head of Americas @ DeepL: “Scaling from 0 to 40 Sales...
Probably the biggest challenge in vertical SaaS I see is scaling the sales team. It’s pretty easy to hire SaaS sales execs to sell … a SaaS sales product. That’s what they know. It often takes little training, and they already have a lot of domain expertise. ...
In B2B, it’s pretty simple. Can the company get to $200m+ in revenues in 8–10 years? Sort of … period. That’s kind of it. That’s the bar to building something that can truly IPO or being acquired for billions. The Average SaaS IPO Takes 12 Years If it can .....
Dear SaaStr: How do startups with 3+ founders often structure the Board of Directors to prepare for a Series A financing? Most traditional VCs will prefer 2 “Common” seats after the Series A. That typically would be the Founder-CEO and one other founder. Three would...