Public SaaS Companies Are Now Worth $1 Trillion
Just attend the @BessemerVP State of the Cloud pres at @SaaStrAnnual (from my kitchen).Some quick learnings:1 – SaaS Market Cap just hit $1Tn!2 – Mket cap of the 5 largest SaaS companies grew 61x since 2008 to hit >$800Bn3 – CAGR of public SaaS...
Curse of the ‘Middlers’: Why Happiness Officers Can’t Stand In for True Sales Professionals
We’ve spent a ton of time on SaaStr talking about how to think about sales and sales teams; revenue/demand-focused marketing; and keeping those customers over their lifetime. A more fundamental question we’ve touched on but mostly bypassed is this: Do You Even Need...
SaaStr Podcast #355 with Homebrew Partner Satya Patel: “The PPP You Really Need for Raising Capital During a Pandemic”
Despite the global pandemic, seed investing remains hyperactive amongst VCs. Satya Patel of Homebrew shares his expert advice on how to raise seed capital in 2020.
So You Want to Start a Venture Fund
"I'd love to get into venture" "My first investments are up 20x and I still haven't gotten a carry check" "What" — Jason ✨BeKind✨ Lemkin ⚫️ (@jasonlk) November 9, 2020 How do micro VCs find LPs to invest in new venture...
We Are Living In the Cloud Now
Q: Why are tech-heavy companies shooting up in the stock market? There are some mysteries no doubt, but not in Cloud / SaaS. Cloud stocks are on fire since March 15 because since Covid-19, we are living in the Cloud: We don’t fly. We Zoom. We can’t get to the...
Why If You Quit Every Year You Won’t Ever Make Any Real Money
I think the average "manager" level tech hire sort of plans on staying 18 mos. Long enough to get settled, learn a bit, then find something "better Makes sense, but: 1/ You'll never make any $$2/ You'll never truly grow3/ You'll never see it...
My Product is $500 a Month. How Much Should I Pay My Reps?
Q: What is a good model for SaaS product sales commission? The average package price is USD 500 for subscription/month. At the end of the day, most SaaS companies pay their reps from 20%-25% of what they close in total comp — base + bonus. Often at roughly at 50/50...
The Midas List Live (Video + Transcript)
A discussion about venture capital and the effects Covid-19 has had on in the industry. Join Nicole Quinn, General Partner at Lightspeed Ventures, Ann Miura-Ko, Founding Partner at Floodgate, and Alex Konrad, Senior Editor at Forbes as they talk about what they have...
Zoom: Too Big To Buy
Q: Who will acquire Zoom: Amazon, Oracle, Adobe, or IBM? Zoom currently has a $74b market cap. To acquire a successful public company, you have to pay a “premium”, i.e. 25%-50% (sometimes more) beyond its current market capitalization. So let’s say it would cost $125...
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