Remove 2006 Remove Business Model Remove Payment Solutions Remove Sales Recruiting
article thumbnail

Forecasting Fintech’s Future and Keeping Culture Alive: A Q&A with the CEOs of BILL and Mercury

Andreessen Horowitz

Whether it’s creating better tools to write code and test code, better tools for customers to engage with reps, better tools for sales teams to engage with their prospects, all those things are happening inside of Bill. Alex: Let’s dive into your business models. I’ve been an entrepreneur since 2006.

Payments 102
article thumbnail

A Decade of Learnings from Y Combinator (Video + Transcript)

SaaStr

Number three is not understanding their business model. If your payment system works, you’re not going to rip it out. Who’s going to lead sales? Who’s going to be responsible for recruiting? Great start-ups have a system to have hard conversations. Who’s going to lead product?

article thumbnail

Understanding the SaaS business model

ProfitWell

Ever since John Koenig first coined the term “SaaS” back in 2005, the software-as-a-service industry has been one of the fastest-moving and creative in the world. The SaaS business model powering all of this activity is startlingly unique, still young, and inextricably tied to the power of cloud computing. Recurring payments.