by Jason Lemkin | Aug 20, 2023 | Blog Posts, Q&A |
Dear SaaStr: What key things should a SaaS startup focus on to grow from 100k-1M ARR? The simplest way to go from $500k to $1m ARR is to treat every prospect like a king or queen. Like they are the single most important prospect / customer in the world. Even for a...
by Jason Lemkin | Aug 19, 2023 | Blog Posts |
Ok we are close!! We’re adding the final batches of Workshops and Braindates for 2023 SaaStr Annual!! Take a look at some of the epic workshops and braindates you can join, and importantly — meet great colleagues at in these less formal sessions:...
by Jason Lemkin | Aug 19, 2023 | Blog Posts |
So our good friend Lloyed Lobo as part of his new book and series on Building Community did a deep dive with Jason on how SaaStr built the world’s largest community for business software — somewhat on accident: Why do some companies have loyal, cult-like...
by Jason Lemkin | Aug 19, 2023 | Blog Posts, Early, Q&A |
Dear SaaStr: What is the best advice you have received from a mentor? I’ll make a short list: #1. When you don’t know what to do — go visit your customers A Zoom is not the same. An email is not the same. Go visit them — in person. Especially when times are...
by Jason Lemkin | Aug 19, 2023 | Early, Fundraising, Leadership, Q&A |
Dear SaaStr: What are The Top Challenges of Venture Capital Firms? Generally there are three major challenges. The first one is non-obvious. Challenge #1: Raising Another Fund. While Sequoia, Benchmark, Founders Fund, etc. etc. can all basically raise a new fund in...
by Jason Lemkin | Aug 18, 2023 | Blog Posts, Scale |
So while the media is full of stories of unicorns doing layoffs and massive cutbacks, the story is a bit different with leading public SaaS companies. Yes many public SaaS companies have done some sort of layoffs the past 12 months, they were often more really...
by Jason Lemkin | Aug 18, 2023 | Blog Posts, Fundraising |
So for years we’ve all advised founders about some rough numbers for dilution for each traditional venture round: 20% dilution in a Seed round, sometimes less if you don’t need much money, sometimes more if you do and it’s early 20% dilution in an A...
by Jason Lemkin | Aug 18, 2023 | Blog Posts, Exit Strategy, Fundraising, Leadership, Q&A, Scale |
Dear SaaStr: What Are The Pros and Cons of a Double Trigger with a 6 year Vest for Founders of a Startup? I think there are no cons and this is a great idea. First, a 6+ year vesting schedule protects you from the less committed founders. The last thing you want is...
by Jason Lemkin | Aug 17, 2023 | Blog Posts |
One of our most popular additions to SaaStr content has been CRO Confidential, hosted by ex-Brex CRO and now Founders’ Fund Partner Sam Blond. We’re getting one of the most popular guests, Jameson Yung, SVP Sales at Gong together with Sam Blond to do it...
by Jason Lemkin | Aug 17, 2023 | Blog Posts |
We came right back on 20VC to do a deep dive on where seed investing is right now with Frank Rotman, one of the most successful fintech investors, Sam Lessin on Slow Ventures, with an incredible portfolio, and Jason Lemkin: It’s a good listen. Per Harry:...
