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The State Of Venture Debt Post-SVB Collaps with SVP of Pacific Western Bank, Mark diTargiani

SaaStr

saw the second-largest bank failure in its history. Silicon Valley Bank specialized in venture capital-backed startups, primarily in tech. Understandably, the collapse of a venture bank where companies could lose billions of dollars was staggering. Many banks, especially those with venture deposits, now say, “What’s next?”

Banking 219
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Thanks to Cyvatar, Pacific Western Bank, Upzelo, UserGems, and Younium for Sponsoring SaaStr Annual 2023!

SaaStr

We are not like other banks. At Pacific Western Bank , relationship banking is not the exception, but the rule. The Bank offers national lending products including asset-based, equipment, and real estate loans and treasury management services to established middle-market businesses on a national basis.

Banking 237
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Thanks to 6Sense, Boston Consulting Group, Capacity, Constant Contact, and Pacific Western Bank for Sponsoring SaaStr Annual 2022!

SaaStr

Removing guesswork, friction and wasted sales effort, 6sense empowers sales, marketing, and customer success teams to significantly improve pipeline quality, accelerate sales velocity, increase conversion rates, and grow revenue predictably. We are not like other banks.

Banking 183
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Apple's inexorable plan to replace retail banking

IT World

At this point, Apple offers its users services to make purchases, transact sales, buy items on credit using a card, save money, a virtual currency, and to make small transactions over time at zero interest rates. No one likes the banks any more. It takes a tiny cut of cash from all these transactions.

Banking 72
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How to Automate your SaaS Expenses with Quickbooks Bank Rules

Baremetrics

Bank Rules – The Basics Bank rules pick up an expense description provided by your bank and use the fixed instructions you set to always categorize the expense under the same account. One of the most common mistakes that we see with SaaS Financials can be fixed with bank rules. In: All bank accounts.

Banking 52
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Month Zero Cash-on-Cash Payback - A Metric for Judging Sales Team Growth

Tom Tunguz

Cash accounting is the amount of money in the bank. The magic number answers the question: if we invest $1 in sales and marketing, how much new bookings can we generate? ZCP answers the question: if we invest $1 in sales costs (e.g., ZCP answers the question: if we invest $1 in sales costs (e.g.,

Metrics 334
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Dear SaaStr: What is the Best Way to Deal with Long Sales Cycles?

SaaStr

Dear SaaStr: What is the Best Way to Deal with Long Sales Cycles? Prove yourself for now and put a few nickels in the bank. The best way to shorten them a bit is to hire a head of sales with experience at your price point: $100k+ deals often take more than a quarter to close. $1m+ First, shorten them up a bit.