Remove pricing-and-jobs-to-be-done
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How I Reverse-Engineered a $100M Exit with SaaStr Founder and CEO Jason Lemkin

SaaStr

SaaStr founder and CEO Jason Lemkin chats with Sam Parr on the popular YouTube channel and podcast My First Million about what’s required to make it on the map for a $100M exit and then reverse engineers the steps to get there. To the OG software people who read SaaStr, Jason is “the guy,” Sam says. So, what does it take to get to a $100M outcome?

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Dear SaaStr: What Prompted You To Sell Your Startups?

SaaStr

The first time, the answer was price. In my first start-up job, we were acquired for $1b with < $10m in revenue. That sounds great, but we had to sell 60%+ in the seed round to get it done (tougher times), and we were likely 5 years away from market, with a ton of regulatory and other risk. I’ve been through it 3 times.

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Never Have a Tough Conversation Over Email. And A Few Other Unforced Management Errors.

SaaStr

Never have a tough conversation over email No matter how tempting it may be — Jason ✨Be Kind✨ Lemkin  ?? jasonlk) January 3, 2024 So perhaps the best management advice you’ll hear again and again is this: #1. Never Have a Tough Conversation Over Email Yes, you probably know this. And yet, most of us only half listen. Be careful.

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Jobs-To-Be-Done Theory: Understand Your Customers Better

Predictable Revenue

We asked Dan Balcauski, the founder of Product Tranquility and a SaaS packaging and pricing expert, what companies and salespeople should be doing instead. The post Jobs-To-Be-Done Theory: Understand Your Customers Better appeared first on Predictable Revenue.

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How to Truly Stand Out in Any Job Interview, from SDR to COO

SaaStr

I can’t tell you how many interviews I’ve done for a wide variety of roles, from SDR to COO, where the candidates literally were guessing what the company really did during the interview: Not too long ago, I did a final CRO interview to help a portfolio company. Looking for your next role? Been through a lay off? Or CRO or CMO? For real.

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Lowering the Hiring (And Investing) Bar Didn’t Work

SaaStr

So everyone is now paying the price for lowering the bar in the Boom Times of mid ‘20 to early ‘22. We hired job hoppers that never stayed anywhere for more than 18 months for leadership roles. We all did, just to get it done. And now we’re paying the price. Everyone was hiring everyone, anyone, back in mid-2021.

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Dear SaaStr: Why Is a “Downround” So Bad?

SaaStr

Public stock prices go up and down, after all. A lower price doesn’t make a bad deal into a good one. So when you can see it’s not going to be one of those 1 or 2, even a price change doesn’t help make the deal more attractive. Then there’s the job. At least, in theory. Or goes past that amount.