The Arguments For Not Raising at a Unicorn Valuation
Getting a VC to value you at $1B is hard But man So so much easier than getting someone to buy you for $1B cash — Jason ✨👾SaaStr 2025 is May 13-15✨ Lemkin (@jasonlk) February 8, 2025 So for a while, unicorns took a bit of a breather. With the stock market for...Scaling Customer Success from 0-5,000 Customers with Drata’s VP of Customer Success and VP of Customer Experience
Join Ashley Hyman, VP of Customer Experience, and Wen Yao, VP of Customer Success Management at Drata, as they share invaluable insights on scaling customer success from 0 to 5,000 customers. Discover the fundamental building blocks of customer success, and learn practical strategies for making customer service a top priority, building brand loyalty, and ensuring customer satisfaction. Get tips on balancing digital and human interactions, utilizing customer feedback, and aligning your customer success strategy with business goals.
It’s Taking Longer and Longer to IPO. 13.6 Years Or More For The Next Batch.
So the best of the best in SaaS and Cloud are still on fire. Canva, Stripe, Databricks, ServiceTitan, Gusto, Wiz should all have epic IPOs in 2025 or maybe 2026. But one thing is clear: it’s taking longer to IPO: It used to take 10.4 years on average to IPO in...
A Trend to Avoid: The CMO That Wants to be CRO
Dear SaaStr: What are the most common challenges of a VP of marketing transitioning into a Chief Revenue officer CRO role? I’ve almost never seen this work in B2B / SaaS. But I see more and more VPMs wanting to be CROs in the past few years. Be wary. Way, way too many...
Top SaaStr Posts, Pods and Videos of the Week: CEO of Samsara, Jason + Dave Kellogg, CEO Clay + Sam Blond, and More!
Top Posts: #1. Carta: 43.6% of All SaaS VC Funding is in the Bay Area Now #2. Before You Start as a VP — Do a Real 60-Day Plan. And Make 100% Sure the CEO Agrees With It. #3. 83% Percent of You Haven’t Gotten AI SDRs to Work … Yet #4. A Lot of Great Sales Leaders —...
5 Top Learnings from Legal SaaS Logikcull’s ~$300,000,000 Sale to Private Equity
So the other day on Workshop Wednesday Andy Wilson, founder CEO of Logikull, and I did a deep dive on what it’s really like selling your company to Private Equity for almost $300,000,000! I was the first and largest investor in Logikcull as they...
The Two Vibes of CEOs in Highly Competitive Spaces: We’ll Do Even Better … and … Maybe Next Year
So I’m proud to have co-led the Series A investment in Salesloft back in the day, and to have brought in almost all the later stage investors, too. A fun one for me, especially as they exited for $2.3 Billion in 2021! Seemed like an almost ordinary exit in the...
Dear SaaStr: Do I Really Need a Top Brand VC?
Dear SaaStr: How important is it to have a premier VC fund backing you vs angels at a higher valuation? I think in most cases, it mostly boils down to Next Round Risk. If you raise money from top or even top-ish brand VCs at a reasonable valuation, you usually get at...