Sat.Apr 04, 2020

article thumbnail

Top Cloud Stories of The Week: April 4, 2020

SaaStr

What have the 320,000+ readers of Cloud Daily on Quora been reading this week? Here are the top stories of the week if you want to catch up: #1: “SoftBank Abandons $3 Billion Deal With WeWork Investors” #2: “Salesforce promises no ‘significant’ layoffs over the next three months, even with coronavirus spreading” #3: “Tech billionaire Marc Benioff wants every CEO to take a ‘no layoff’ pledge as part of an 8-point plan to deal with coronavirus” #4:

Cloud 201
article thumbnail

Why Do Some People Consider Venture Capital a “Young Person’s Game”?

SaaStr

Because it takes so, so long to make money from it. At least from very early-stage investing. So while not a young person’s game per se, it really helps to start early. It doesn’t take that long in venture to make a decent salary. You can start there on Day 1 in a big fund, or a few years in in a smaller fund that does well. But it often takes so long for early-stage investors to make material “carry”, or a share of gains.

article thumbnail

Register NOW for SaaStr Summit with CEOs and CXOs of Slack, Zuora, G2, Pendo, TripActions, Greenhouse + More! (It’s Free)

SaaStr

SaaStr Summit: Bridging the Gap is our first all-day digital event on April 22. We will continue to roll-out speakers, all sharing how to bridge the gap, but we already have an incredible line-up: Stewart Butterfield, CEO of Slack. Tien Tzuo, CEO of Zuora. Michelle Zatyln, COO of Cloudflare. Wendy Pfeiffer, CIO of Nutanix. Meagan Eisenberg, CMO of TripActions.

Startup 137