by Amelia Ibarra | Mar 30, 2023 | Blog Posts |
Join us for SaaStr Europa in London June 6-7, 2023!
by Amelia Ibarra | Mar 29, 2023 | Blog Posts |
We’re just 10 weeks away from SaaStr Europa in London, June 6-7! As always, we have an amazing agenda for you! Here are just a few of the top SaaS leaders that will be speaking: Jane Reddin | Partner, Talent & Platform | AlbionVC Bill Magnuson | Co-founder...
by Jason Lemkin | Mar 29, 2023 | 5 Interesting Things, Blog Posts, Scale |
So in our 5 Interesting Learnings series, we try to mix it up with a combination of how “hero” companies are doing, like Monday, HubSpot, GitLab, etc. … how some ones that you might know less well are doing, like Doximity, Bill (when we first profiled), … and then how...
by Jason Lemkin | Mar 29, 2023 | Early, Fundraising, Leadership, Q&A |
Dear SaaStr: How Early Should a Company Approach Venture Capitalists? There are basically two seemingly very different approaches you’ll hear: As early as you can, to build a relationship. Mark Suster summarizes how to effectively build relationships with VCs well...
by Amelia Ibarra | Mar 29, 2023 | Blog Posts, Company Culture, Customer Success, Hiring, Metrics, Podcasts, Videos |
The challenges businesses face at each growth stage, from a $1M company through $100M and beyond, are quite different. Xero’s Global Chief Strategy Officer, Damien Tampling, takes a philosophical look at some aspects and nuances to consider wherever your business is...
by Jason Lemkin | Mar 28, 2023 | Blog Posts, Early, Sales, Sales |
It turns out a well-crafted sales and well-designed comp plan does retain sales reps fairly well. Why? Well, if the comp plan is well put together, then: If a sales rep leaves, they sort of have to start all over again earning their bonus, unless they get a draw. And...
by Jason Lemkin | Mar 28, 2023 | Blog Posts |
SVB failing was a stunning moment in the history of startups. Stunning, and I think, actually still under-discussed. As SVB’s situation appeared to be deteriorating, I thought, based on ‘08-‘09, they might get acquired, or backstopped, or bailed out in some fashion....
by Jason Lemkin | Mar 27, 2023 | Blog Posts, Growth, Sales |
So there are 3 things every sales rep I’ve worked with hates: Clawbacks. When they have to give back some of their commission if a customer cancels early. Tracking-to-Cash, i.e. paying commissions once cash is received, not just once the deal is signed; and A...
by Amelia Ibarra | Mar 27, 2023 | Blog Posts, Fundraising, Metrics, Videos |
We all know which companies are “the best,” but we don’t always take a real look into what keeps them at the top. Capchase Co-Founder & CEO Miquel Fernandez and 01 Advisors VP Kristen Clifford use data to show us what differentiates the best SaaS...
by Jason Lemkin | Mar 26, 2023 | Blog Posts, Growth, Human Resources, Leadership |
"The 50/50 Rule in Your Execs: Hire 50% of your execs from internal promotions, 50% from the outside. Actually these days … maybe find 70% of your VPs from internal promotions" with @bhalligan pic.twitter.com/ku9VAua5t7 — Jason ✨👾SaaStr.Ai✨...