Andreessen Horowitz

APRIL 29, 2024

If you’ve drawn on a line from your venture debt facility, money has been wired to your business banking account. Throughout this series, we have provided many resources to prepare you for this stage of your business journey. With the combination of diligence solutions (e.g., What happens now?

Payment Services 93

Payment Services Payment Solutions Outsourcing Services Development Team Review 93

Sales Hacker

MAY 9, 2019

Once you understand how to create a fair compensation plan for your sales team, you can check out some examples: Sales Development Rep (SDR) Compensation Plan Example. It ties payment to the achievement of specific objectives that have been pre-determined and communicated to the employees that are on the incentive plan.

Compensation 110

Compensation Sales Hiring Development Team Review Sales Recruiting 110

Stax

JANUARY 8, 2024

For SaaS companies, becoming a payment facilitator (or PayFac) offers a ton of advantages—including but not limited to—boosting retention and profitability while exercising greater control over the customer experience. However, several complex types of risks come along with this. Let’s get started.

Merchant Services 88

Merchant Services Payfac Payment Services SaaS Payments 88

Baremetrics

MAY 7, 2019

For example: Company A was funded by some of the founders’ savings, a small line of credit from the local bank, and profits from customers. Company C was funded by pre-orders from customers, a friends and family round, and then through revenue-based financing for a period of time. What do I need funding for?

Finance 111

Finance Startup SaaS Payments Payment Methods 111

Mucker Capital

APRIL 6, 2024

But more often than not, founders don't have that expertise or background in finance AND they are focused on starting a business, developing products, getting out and selling, etc. This includes setting up initial accounting practices and systems, HR, payroll, banking, financial controls, and tax compliance.

Payment Services 52

Payment Services Systems Review Development Team Review Technical Review 52

Mucker Capital

MAY 8, 2024

But more often than not, founders don't have that expertise or background in finance AND they are focused on starting a business, developing products, getting out and selling, etc. This includes setting up initial accounting practices and systems, HR, payroll, banking, financial controls, and tax compliance.

Payment Services 52

Payment Services Finance Systems Review Development Team Review 52

SaaStr

AUGUST 12, 2022

We are post-term sheet moving along diligence. Have revenue, but early, so like 50K ARR after two months of charging for a product. People were so excited about SaaS when public companies were trading at 30 to 50 X revenue that they would want to take that meeting. Now, revenue’s coming in looking good.

Scale 245

Scale SaaS Payments Scaling SaaS 245

SaaStr

AUGUST 9, 2019

What ratio of revenue is healthy for professional services to account for? Here’s what Eyal and Megan talk about: How to develop software faster. What sort of terms make them less beneficial for the vendor? * How does Vikas think about professional services? What is a good margin for professional services? Missed the session?

SaaS Payments 154

SaaS Payments Cloud Technical Review Sales Hiring 154

SaaStr

JUNE 14, 2019

Before that Dave was SVP/GM of Service Cloud @ Salesforce where he led the $500m line of business for customer service applications. Finally pre-Salesforce, Dave was CEO @ MarkLogic where he grew the team from 40 to 240 and revenues from $0 to an $80m revenue run rate. You have PE platform roll-ups.

Sales Hiring 163

Sales Hiring Payment Services SaaS Payments Underperforming Technical Team 163