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Dear SaaStr: Is It Acceptable for VCs to “Ghost” Founders Who Have Invested So Much Time and Effort with Them?

SaaStr

Dear SaaStr: Is It Acceptable for VCs to “Ghost” Founders who have invested so much time and effort with them? startup) doesn’t end up quite being what she wanted during a multi-step learning and diligence process. For example, I generally don’t invest at less than $8k-$10k in MRR myself.) Working with VCs is sales.

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Hacks For Founders Of High-Growth Startups With DigitalOcean’s CEO Yancey Spruill

SaaStr

The life of a startup is not a smooth ride. Starting with his time as an investment banker and later working in SaaS, Yancey Spruill, CEO at DigitalOcean , watched venture capitalists invest in seemingly strong companies, only to sell them off. Process is a friend, not a foe, in order to scale.

Startup 249
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From Stealth to Unicorn in 11 Months: Top 5 Lessons Learned with Drata CEO Adam Markowitz and Cowboy Ventures Partner Amanda Robson (Video)

SaaStr

The company culture you build. From an investment perspective, having your customers be public advocates of what you’re building can attract investors. Lesson 5: Build a successful company culture. You must have the proper structure and culture in place to enable faster growth. The strategies you deploy.

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From 2 Weeks of Runway to a $1.5B Valuation: The Founder Playbook with Loom’s CEO & Co-Founder, Joe Thomas (Pod 669 + Video)

SaaStr

The first weeks at an early-stage startup are usually exciting. Your distribution strategy may be leaning into the viral nature of your product, but ultimately, if you’re in the early stages, you truly only have time for one channel that directly aligns with your company as much as possible. It’ll be different for every startup.

Startup 208
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Top 10 Mistakes In 10 Years From Gainsight CEO Nick Mehta

SaaStr

Mistake: On the other hand… not betting on the team that got me there “Everything will be fine once we get a new head of [X]” -every startup CEO ever (also me, frequently) When you launch a company, the initial team is usually whoever you can get. To run a startup, you have to make bets. Invest in back-office systems early.

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Successful employee onboarding should focus on culture

Intercom, Inc.

One area that’s especially fraught with challenges is your company culture. Neglecting to onboard a new hire into your company culture poses a huge risk of misalignment. You should invest in good and detailed onboarding focused on culture for all of your new employees, and more specifically, for your managers.

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Gainsight CEO Nick Mehta Shares His Top 10 Mistakes In 10 Years: Part 2 (Pod 657 + Video)

SaaStr

Do you want to avoid the common pitfalls of scaling a startup? Nick Mehta, CEO of Gainsight, shares part two of his 10 top mistakes in 10 years at the company. The Lesson: The Prescriptive Methodology isn’t without flaws, but it is one of the most critical step functions for any SaaS company in a new category.

Scale 216