article thumbnail

The Defining Characteristics of Successful SMB SaaS Startups

Tom Tunguz

Successful SMB SaaS companies have reinvented their businesses eschewing the expensive enterprise sales model in favor of end-user centric marketing, support and product development. These businesses often look more like consumer startups than enterprise startups. It’s all because of the nature of the market.

SMB 100
article thumbnail

Successful SMB SaaS Companies Have a 2 Step Value Proposition

Tom Tunguz

SMB SaaS companies sell to a radically different market than enterprise software companies. The average traditional enterprise software company sells to firms with 3300 employees whose average payroll is $160M annually. Of course, the true number depends on the market segment: sales, HR, payroll, expense management, etc.

SMB 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 ways SaaS CFOs can prepare for hypergrowth in 2022

OPEXEngine

Compared to 2020, the number of SaaS enterprises that IPOed in 2021 has surged by a whopping 121% , and there is little doubt why Saas companies are getting so much investor interest. When it comes to IPOs, 2021 was an excellent year for SaaS companies.

article thumbnail

It’s Time to Raise Your Debt Facility: Execution Tactics for Founders

Andreessen Horowitz

For early stage companies, lenders are mostly underwriting based on existing investor support; with later-stage companies, they are underwriting to enterprise value and are more focused on company KPIs, churn, and related metrics. For corporate debt, normal venture counsel (e.g., Cooley, Goodwin, Gunderson Dettmer, or Wilson, etc.)

article thumbnail

Managing a Thin Balance Sheet: 4 Lessons Learned From Laika’s $2 Billion Acquisition with Laika Co-Founder & COO Eva Pittas and CFO Dicken Chaplin (Video)

SaaStr

Founded in 2019, Laika (an enterprise-ready compliance platform) closed a $50MM Series C by the summer of 2022. Looking back on its explosive growth, however, the company realized just how badly it needed the valuable services of a Chief Financial Officer (CFO). Looking back vs. looking forward.

article thumbnail

The Funnel is Dead. Long Live the Flywheel. With Hubspot CEO Brian Halligan (Video + Transcript)

SaaStr

For those of you who don’t know me, I’m a partner with NEA, but I spent the last 30 years as an operating leader in enterprise tech. The back end should be enterprise grade. But when we go to market in the same market, we can’t just build a me too product. Let me introduce myself. Hilarie K.:

Scale 107
article thumbnail

How to Optimize Customer Retention for B2B Enterprises

Totango

As part of a successful B2B enterprise, you understand the importance of your customers. Consolidate and Share Data: While on the subject of improving communication, think about how your enterprise internally accesses customer data. How can you help accounting keep payments on track, monitor contract compliance, and track licenses?