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My Top 10 Year One SaaS Mistakes. Save Yourself Some Pain & Just Don’t Make Them Yourself.

SaaStr

And then, I would have invested more wisely in Year 1 especially. I should have invested a little more in sales reps, more quickly, one we had some initial traction (see above). SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. A minimal viable product isn’t interesting in SaaS.

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How Fast Does a SaaS Startup Have to Grow to Survive?

Tom Tunguz

Without the capacity to invest capital in growth or the ability to compete for top talent, the slow growth cycle reinforces itself. Large market; logical revenue model; rapid-adoption; stealth/secrecy; proper compensation of the leadership team. In other words, software companies must grow quickly to survive.

Startup 135
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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

When I first started in 2006, everything was really bad. A lot of those people were people that I invested in, so I had a little bit of an unusual thing where I’d invested in, I guess, by that point, about 90 startups. I’m curious when you actually started investing in a go-to-market effort?

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Run Less Software

Intercom, Inc.

Since 2006 the era of “Everything as a service” has advanced quickly. Investing in things that enable us to move faster and leaner for the long term. We’ve not yet found a suitable third-party provider who can meet our needs here and so continue to invest in doing it mostly ourselves. Cloud computing is dominant.

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Meet BetterCloud’s New Chief People Officer, Marjorie Ajero

BetterCloud

Her leadership at companies like Group Nine Media and Everyday Health has prepared her to successfully take on her new role as BetterCloud’s first chief people officer (CPO). Then I returned to New York City in 2006, and I’ve been here ever since. I went to Northeastern University in Boston, where I lived for almost 10 years.

Scale 40
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HubSpot’s Michael Redbord on staying in touch with your customers as you scale

Intercom, Inc.

In a company’s early days as a lean, mean, business machine, it’s fairly easy for leadership to stay in sync with their users. We coined the term way back in 2006 when we founded the company, and a lot of our story, historically speaking, has been around marketing. Why customer service is worth the investment. Michael: For sure.

Scale 188
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Beyond the Downturn: Recession Strategies to Take the Lead

OPEXEngine

This potential change in the interest rate environment will be a new regime for most management teams, and should prompt them to take a multiyear view of their capital structure and the timing of investments. Other lagging companies strayed outside their core business, investing in the latest hot sectors and tools, praying for a winner.

Scale 59