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The Case Against Budgets, Forecasts, and Performance Targets

Outseta

It had customer acquisition and revenue targets for existing products, and new lines of business that did not yet exist. Sure, in established businesses benchmarking and historical performance can set some precedence. We don’t have any agreed upon budgets, or any sales reps with quotas. This isn’t an academic exercise for us.”

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SaaStr Podcasts for the Week with Domo and Gorgias — April 24, 2020

SaaStr

Prior to their IPO, Domo raised funding from the likes of Benchmark, Founders Fund, a16, Greylock and IVP to name a few. And prior to their IPO, Domo raised funding from some of the best in the business including Benchmark, Founders Fund, Andreessen Horowitz, Greylock, and IVP, to name a few. And that was kind of my entree into SaaS.

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