SaaStr

OCTOBER 29, 2019

SaaS is about creating long-term value for your customer, and being compensated appropriately for that value as a business. What I love about SaaS as a product person is that it’s a longterm value exchange. Monetization had 4X the impact compared to acquisition. Want to see more content like this? FULL TRANSCRIPT BELOW.

Payments 100

Payments Pricing Compensation SaaS Payments 100

Baremetrics

SEPTEMBER 24, 2021

Equity financing is a method of capital raising via the selling of stock. Baremetrics integrates directly with your payment gateways, so information about your customers is automatically piped into the Baremetrics dashboards. Businesses grow money for a variety of reasons. Want to try it for yourself? start free trial.

Finance 98

Finance Venture Capital SaaS Payments Payments 98

Baremetrics

MAY 7, 2019

After seriously considering an acquisition offer, Wistia decided to take on $17.3M Others maintain that bootstrapping can also include other self-funding options, which could also include personal savings, loans, credit cards, and income from a job, consulting, or extraneous product. Buffer spent $3.3 Choose your investors wisely.

Finance 111

Finance Startup SaaS Payments Payment Methods 111

Baremetrics

NOVEMBER 10, 2020

Payment Structure: 3 payments (at close, 12 months & 18 months). There’s obviously nothing wrong with building a software company, but for me, on a personal level, that interest had run its course. Though, at this point, everyone other than me will be staying on (with their same compensation as well).

Technical Review 145

Technical Review Software Review Payment Solutions Payments 145

Tom Tunguz

NOVEMBER 4, 2014

To be effective, a startup’s pricing strategy must align with its marketing case studies, website messaging, PR releases and sales pitches. Called field sales or outside sales people, their compensation starts at about $250k per year for on-target earnings (OTE - combination of salary and sales commission).

Pricing 117

Pricing Startup SaaS Payments Payment Methods 117

OpenView Labs

NOVEMBER 30, 2021

Hiring managers should prepare by putting together pitch materials (usually a 2-3 page deck) to give candidates a deeper look at your company and culture – beyond what’s on your website. It’s tempting to prioritize new customer acquisition as your top growth priority. . Get more from your existing customers.

Payment Services 80

Payment Services Benchmarks SaaS Payments Merchant Services 80

SaaStr

NOVEMBER 2, 2019

Does it have to be in person? How does Krish think your customer acquisition and GTM strategy has to change with the movement from SMB to enterprise? Billion story from its launch in 2008 to its 2018 acquisition by Recruit Holdings. Billion acquisition is just one milestone in the early innings of the company’s story.

Scale 126

Scale SaaS Payments Sales Recruiting Payment Services 126

Sixteen Ventures

DECEMBER 31, 2019

Customer Acquisition. Metering / Billing / Payment Process. Understanding Customer Success Management Compensation Models. How do I target my customers when they’re not online? Training consumption (online/in-person, technical or otherwise). Customer Acquisition. Customer Success Beyond Usage Data.

Customer Success 136

Customer Success SaaS Payments Payment Solutions Payment Services 136

Sales Hacker

JANUARY 13, 2021

It includes factual information, personal experience, and interviews from successful professionals on both the buy-side and the sell-side of enterprise OEM software licensing to ensure a broad mix of experience and ideas. Another advantage is that upfront payments usually entail larger discounts.

Payment Solutions 74

Payment Solutions Payments Software Review Enterprise 74

Sales Hacker

JULY 16, 2020

In a recent conversation, Gainsight CEO Nick Mehta told us he’s turning his attention to his partner ecosystem as the market tightens, “ Partnerships have the lowest customer acquisition costs out there,” he said. Meanwhile, 73% have compensation tied to a KPI. In this environment, that personal touch is everything.

Scale 96

Scale Payments SaaS Payments Payment Solutions 96

OPEXEngine

AUGUST 9, 2022

No digital tool can compensate for a lack of discipline at the front line. No digital tool can compensate for a lack of discipline at the front line. Consider the case of an online advertising and software company serving car dealers. After a series of acquisitions, the company’s sales force was underperforming.

Scale 59

Scale VP of Engineering Payment Services Underperforming Technical Team 59

SaaStr

JUNE 16, 2020

Matt Garratt: And it’s not just going to be we think in things like work from home tools like Zoom or IT solutions like VPN, but it’s really going to transform how business is getting done, whether that’s online education and learning. Right now, learning for companies is only at 10% online. There’s a link here.

Sales Hiring 158

Sales Hiring Scale SaaS Payments Payment Services 158

SaaStr

AUGUST 27, 2019

Depending on size and stage, variable compensation can be one of a company’s highest expense items, and a thoughtful approach is key. So I like to say that if sales is like a train, then sales compensation is the driver. Want to see more content like this? Join us at SaaStr Annual 2020. Jessica Lin | Co-Founder @ Workbench.

Sales Recruiting 130

Sales Recruiting Sales Hiring Scale Sales 130

OpenView Labs

MARCH 18, 2020

Communicate with your customers and make sure you understand how the pandemic is impacting them personally, their business and their customers. Defer payment terms if you can. Negative externalities are costs that your solution imposes on non-users for no compensation. Relationships will matter no matter what happens.

Pricing 57

Pricing Payment Solutions Payments Healthcare 57

OnStartups

JULY 7, 2021

It's going to trigger every OCD person that watches this [inaudible 00:00:35]. You've probably become a worse person. You seem like a pretty good person. It's the thing that I spend pretty much all of my non-family time, non-personal time on. Well, you might be the wealthiest person we've ever had on this podcast.

Payment Methods 140

Payment Methods Software Review Technical Review Payment Solutions 140

ProfitWell

MARCH 3, 2020

Call your fellow CEOs or Chief People Officers in your portfolio peer group, or peruse online and read documents. There’s a lot to consider with an outbreak of this sort: company travel, working in close proximity, susceptibility, personal health issues that expand beyond the virus itself. Take the pressure off live attendance.

Sales Hiring 59

Sales Hiring Scale SaaS Payments Payment Services 59

ChurnZero

MARCH 22, 2019

How to structure and compensate a Customer Success team. So, LTV (lifetime value) and CAC (customer acquisition cost) increase quite a bit, your profit margin increases, and you can then reinvest all those dollars back into sales and other growth initiatives that are compounding. You of course would rather buy from your CS person.

Retention 61

Retention Payment Methods SaaS Payments Outsourced Development 61

Sales Hacker

NOVEMBER 19, 2018

They are a phone system designed for the modern sales team. Rob is leading all of their new customer acquisition go-to market efforts. Investors – I knew some of the investors personally. Sam Jacobs: You’re dropped in, going from running 150 people to being the sole person, how did you start to prioritize?

Finance 59

Finance Sales Hiring Scale Outsourcing Services 59

Sales Hacker

SEPTEMBER 15, 2020

Today on the show, we’ve got Brian Litvack, the first person that ever hired me as a sales consultant and my fast friend. Sam Jacobs: Today on the show, we’ve got Brian Litvack, the first person that ever hired me as a sales consultant and my fast friend. So I started a website in college. Sam’s Corner [39:02].

Leadership 63

Leadership Payments Scale Payment Methods 63

SaaStr

MARCH 3, 2020

So I worked for Jason Lemkin for about six years, half of which was EchoSign and the other half of which was Adobe post acquisition. Don’t just check the box because the retained search firm wants to get the second half of their payment. Personally interesting that you’re like hey, that’s interesting to me.

Sales Hiring 154

Sales Hiring Sales Recruiting CTO Hire Scale 154

OnStartups

JULY 7, 2021

It's going to trigger every OCD person that watches this [inaudible 00:00:35]. You've probably become a worse person. You seem like a pretty good person. It's the thing that I spend pretty much all of my non-family time, non-personal time on. Well, you might be the wealthiest person we've ever had on this podcast.

Payment Methods 40

Payment Methods Software Review Technical Review Payment Solutions 40