Sat.Jul 15, 2023

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Dear SaaStr: Who Should Approve Startup CEO Expenses?

SaaStr

Dear SaaStr: Who Should Approve Startup CEO Expenses ? I would have the board approve CEO salary, all material expenses (>$5k-$10k), and an overall CEO expense policy. And in fact, once you have VC investors, this is often required in your Investor Rights Agreements or other financing documents. And approving the CEO’s salary is often required under state laws.

Startup 201
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69% Of You Are Seeing Demand Pick Up — At Least a Little Bit

SaaStr

So are we coming off the “lows” in SaaS and Cloud? Are times now at least a smidge easier and better than the tougher times of 2H’22 and 1H’23? Maybe. Some data does say Yes. First, the public markets seem to think so, that things are better now than at the start of the year. Top SaaS and Cloud stocks have quietly been on a mini-tear since the start of the year, up a stunning 30%: Second, you seem to think so.

Cloud 190