Remove 2004 Remove CTO Coach Remove CTO Hire Remove Venture Capital
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“The “Dos & Don’ts” of Building Winning SaaS Companies with G2 Crowd (Video + Transcript)

SaaStr

” We had to do that three times. We burned through $23 million in venture capital and only had 1 million in revenue to show for it. ” So it was a very hard time for us. And I remember they were born in 2004 our business was kind of at the bottom but they were also wound up being born nine weeks premature.

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The Road Now Taken: 4 SaaS Start-ups And Their Quest For Independent Growth

Outseta

Venture capital is not inherently bad or the manifestation of greed and commitments to impossible-to-deliver growth. The company had for a few years prior followed a growth-first path, hiring aggressively and prioritizing projects designed to make an immediate impact on their growth rate. in debt to buy out their investors.