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...
We’re so close now to the 2024 SaaStr Annual!! The 10th Annual!! Sep 10-12 in SF Bay Area, once again across our 40+ acre indoor-outdoor campus at the San Mateo County Events Center. With so much change in SaaS, Cloud, and AI the past few years, it’s...
So I wouldn’t call it a trend, at least not yet. More perhaps a coincidence. But it is interesting. There have been only 3 SaaS IPOs since 2021 … a long, dry spell. But 2 out of 3 of them barely raised any early stage venture capital at all. And 1 was...
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....
As we gear up for 2024 SaaStr Annual, Sep 10-12 in SF Bay, once again on our 40+ acre indoor-outdoor campus, I wanted to take a look back at a few sessions that I’ve come to appreciate more with time. This was one, when Stripe’s first COO, Claire Hughes Johnson, came...
Dear SaaStr: When should I pay the commission for SaaS sales? All of our trial signups will get an automatic email from an account executive. How do we decide if the AE was responsible for the sale versus the sale just happened organically? Every company with a...
So I think AI will destroy Outbound. It’s already started to. And it’s just going to accelerate, quickly. What do I mean? First, even the AI we have today used correctly is a huge aid to AEs and SDRs alike. It can do research for you. Improve your emails....
Dear SaaStr: How Do Enterprise SaaS Companies Deal With Late Payments? Yes, in the end, you have to be willing to switch off the platform. But do it gracefully, with respect. Do it the same exact way you’d want to be treated if you were a customer. The key is...
So “SaaStr Inc” will cross $100,000,000 in cumulative revenue a little later this year. Not ARR, and not in 1 year. But since our beginning. It wasn’t originally intended to make any money, and didn’t have any revenue for years, but...
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...