5 Top Things to Remember When Starting a Company
My Top 5 Things to Remember When Starting a Company: #1. Fixing the Founding Team is Very, Very Painful. Take the time to get it right. I was unstoppable when I had aligned, great co-founders. I also almost died when I had great — but dis-aligned — co-founders. A...
If You Want to Get Funded – Dude, Make It Easy On Them (Updated)
These truly are the Days of Change in SaaS. In 2021, it seemed like everyone is raising 3 big VC rounds a year, effortlesslyBut for most of you, for most of us, it wasn’t any easier to raise VC capital. And now, it’s even harder. Why? The bar has gone...
Dear SaaStr: What Were The Top Pieces of Advice You’re Glad You Ignored?
Dear SaaStr: What Were The Top Pieces of Advice You’re Glad You Ignored? #1: “Don’t do any VC investments your first year. Take your time” Sound advice. But would have missed 4 unicorns if I had. I would have missed leading seed investments...
Why Hiring From Your Direct Competitors Usually Doesn’t Work Out (Updated)
There’s nothing wrong with hiring folks from the competition It’s just, when you do, you’ll overlook too many of their weakness, and give them too much credit for their competitive experience Only hire them if you still would if they worked somewhere else —...
Dear SaaStr: None of The 3 SaaS Products I Developed Have Any Sales. What Am I Doing Wrong?
Dear SaaStr: None of The 3 SaaS Products I Developed Have Any Sales. What Am I Doing Wrong? You may not have product-market fit. You may not have built a product people will actually pay for. But assuming you have … well — are you doing any marketing? There...
What is Jason M. Lemkin Like As An Investor?
Others can answer as well, but will share some Pros and Cons: Pros / Neutral: Require zero social proof. In fact, I sort of prefer there isn’t much. I don’t care which accelerator you went through, where you worked, where you went to school, or who the co-investors or...
Why You’re Unfundable in 2023: The Cold, Hard Truths About SaaS AMA Part 2 with SaaStr CEO and Founder Jason Lemkin
Jason Lemkin, CEO and Founder of SaaStr, recently answered our audience’s most pressing questions about the present and future of startups. Here is part 2 of the cold truth about SaaS in 2023.
The Cold, Hard Truths About SaaS In 2023: Part 1 AMA with SaaStr CEO and Founder Jason Lemkin
Jason Lemkin, CEO and Founder of SaaStr, recently answered our audience’s most pressing questions about the present and future of startups. Here is part 1 of the cold truth about SaaS in 2023.
Dear SaaStr: What’s Your Recommendation for Vacations for a Founder CEO of a Tech Startup?
Dear SaaStr: What’s Your Recommendation for Vacations for a Founder CEO of a Tech Startup? Always take them. When I look back at the many mistakes I made as a 2x founder, both times with some degree of success in the end … and there were so many … one thing I am...
Dear SaaStr: When Bootstrapping a SaaS Product, What Should You Be Aware Of?
Dear SaaStr: When Bootstrapping a SaaS Product, What Should You Be Aware Of? Just a few observations from bootstrapped SaaS companies I’ve had some involvement with: It probably will take 3–4 years longer to get to $10m ARR or so. I don’t fully have the data to...
The Two Biggest Mistakes I Made As a Founder-CEO
Dear SaaStr: What Were the Biggest Mistakes You Made as a Founder-CEO? I’ve made so many, it’s hard to boil it down to two. But let’s focus on the earliest days, in Year 1. The biggest two mistakes I made as a founder-CEO in Year 1, I not only...
7 Of The Top Things Founders Get Wrong When They Start a SaaS Company
Dear SaaStr: What do startup founders typically get wrong when starting a business? My list: Not committing to 24 months upfront to getting to Real Revenues and a Minimum Sellable Product. We’ve written about this before, but I see it again and again and again. It...
Top 10 Mistakes Getting to $100M ARR with LaunchDarkly’s Co-founder Edith Harbaugh (Pod 668 + Video)
$100M ARR doesn’t happen overnight. Founders are responsible for ensuring a startup always has enough money, setting the vision for the company, and driving things forward. It seems simple enough, but it’s not always easy, as founding CEO and co-founder of...
The 10 Things I’d Tell My Younger CEO Self to Do Better Next Time
We’ve hit some of these points before, but what are the Top 10 things I’d tell myself to do better, if I could go back in time? My top list: Slow down big decisions — when you aren’t sure. You have to move fast and break things, but if the pit in your...
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