Raising Your First VC Round? 7+ Tips for Managing Your VCs Afterwards
So you raised your first real VC round? Congrats! Mostly. It’s all Feel Goods right after a round closes. It can seem like nothing has changed but the bank account. But in reality, a lot has changed. Expectations have changed. So a few thoughts if you...
After I Sold My Company, I Couldn’t Make Decisions Again for a While
What’s the toughest part of running a startup? A partial list: Recruiting. This is always hard, forever. Co-founder Conflict. Hopefully, you don’t have this. If you do, boy it’s hard. Almost running out of money. Happens to almost all of us....
How Shopify Implements AI Across Sales and Product with Mike Tamir, Head of AI at Shopify, and Rudina Seseri, Managing Partner at Glasswing Ventures
Mike Tamir, Head of AI at Shopify, and Rudina Seseri, founder and Managing Partner at Glasswing Ventures, level-set about where we are in the cycle for Enterprises adopting AI and the critical work being done at Shopify to leverage AI and solve real problems.
Dear SaaStr: How Do I Actually Start a Successful SaaS Company?
Dear SaaStr: How Do I Start a Successful SaaS Company? I think there are approximately 2 ways to get a new SaaS app off the ground: Option 1: Hustle into The Enterprise. In almost every category of software, there are gaps. Painful gaps. Generally, several gaps that...
More and More SaaS Startups Have Fallen Out of Product-Market Fit
So there’s one topic you have to be ruthlessly honest about as a founder: are you falling out of product-market fit? The reason you have to be ruthless is while sometimes falling into product-market fit can happen relatively fast, e.g. with a magic feature … falling...
Dear SaaStr: When Do VCs Try To Replace Founders as CEOs?
Dear SaaStr: When Do VCs Try To Replace Founders as CEOs? You’re worried about a bunch of VCs replacing you. That’s fair. You should be. It happens. Regularly — but not usually. A few high-level things to think about. First, if you really screw up, shouldn’t...
5 Interesting Learnings from Veeva at $2.5 Billion in ARR
So the #1 OG vertical SaaS leader is Veeva. A core CRM, data and Cloud platform for the life sciences industry, it started off as a “Salesforce for Pharma” and expanded from there. It raised less than $10m before it IPO’d, and fast forward to day,...
12 Things You’ll Look Back On in SaaS … And Regret (Updated)
A little while back on LinkedIn and Twitter we put together a list of things that later, once you are successful, even very successful, you’ll regret. It got a lot of engagement from the SaaS veterans out there, so I thought it would be worth digging in more on...
Top 5 Lessons Learned from Databricks’ Journey from $400M to $1.5B+ with former VP of Product Nadim Hossain
Databricks had an incredible scale-up from $400M to $1.5B+ during former VP of Product Nadim Hossain’s time there. The company has gone from 1600 employees to over 5500 and most recently crossed the $2B ARR mark. Nadim shares the principles behind the SaaS company’s massive growth.
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