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When to Hire Your First CFO — From OnlyCFO

SaaStr

Source: Pave CFO Cash Comp by Capital Raised: Segmenting compensation by amount raised (like the chart below) will be less meaningful in the future as companies raise less money, but it demonstrates the right theme. The Other Team Members section is cumulative with the prior headcount mentioned. What does the CFO own?

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Building a 10x Team: 4 Pillars For Creating a Generalist Team With Expensify COO Anu Muralidharan (Video)

SaaStr

Lots of SaaS founders are preoccupied with employee headcount as an important growth metric, but this indicator is not always true. Compensate Democratically: Managing up culture brings us all down. At Expensify, every single employee gets a say in the compensation of every other employee.

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Dear SaaStr: Why is Marc Benioff Complaining About Worker Productivity?

SaaStr

Compensation went way up. This had the net effect that almost everyone in tech ended up with 50% more headcount than they needed going into 2023, often paid 20%-30% more than before … and importantly, in sales, it often got “worse”, with lower attainment. The hiring bar was often lowered.

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2024 SaaS Landscape: Why 2024 Could be Pretty Darn Good for SaaS IPOs with SaaStr CEO and Founder Jason Lemkin (Video + Podcast)

SaaStr

They grew headcount fairly aggressively from ‘21 to ‘22, and then Q4 of last year dipped and held flat before starting to regrow. Monday will probably add 25% headcount this year. We’ve gotten used to certain types of sales compensation, certain levels of Customer Success, and certain types of coverage and marketing spend.

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Top 10 Insights from the 2022 Startup Sentiment Survey

Tom Tunguz

About 20% of those polled will conduct a layoff, and on average will reduce headcount by 20%. 50% of companies won’t change compensation this year, 33% will increase it, and 17% will reduce it. More than a third of founders polled are considering selling the company, raising venture debt, or raising an inside round.

Startup 242
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Building a Sales Organization from 0 to 100 Sales Reps with Flock Safety’s CEO and VP Growth

SaaStr

Also, pivot from Garrett’s initial idea and focus on revenue targets, not a specific headcount. #2 2 – Get your compensation right. Make a repeatable process that’s consistent. Reevaluate your assumptions and mess with the model as needed. And the structure can determine performance — build one that rewards consistency.

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A New Era of B2B Sales: Three Strategies Growth Leaders Must Implement Today with Outreach VP Global Innovation Evangelist Mary Shea (Video)

SaaStr

However, to compensate for this merging, the average selling organization will become smaller as it delivers predictable results. Redeploy funds from headcount to sales technology. Suffice it to say every member of the sales cycle benefitted from this advancement. Tune your GTM approach to relate to how modern buyers want to buy.