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Dear SaaStr: What’s The Best Way to Retain Control of Our Startup Once We Start to Raise Outside Capital? Sell less of the company. And in particular, raise fewer venture rounds. Let me give you my learnings on the SaaS side. At Adobe Sign / EchoSign my answer was only to raise $8m, get to cash-flow positive with much of the money still left in the bank, and sell for an exponential multiple.
I’m thrilled to announce the debut of Theory Ventures & our first fund of $230m. I’ve spent my career as a student of startups. I’ve worked for two, invested in many, seven of which became unicorns. I study them, benchmark them, analyze them, interview their leaders to understand their mechanics & share what I’ve learned on this blog.
So the other night as the quarter was ending, a leading SaaS company sent us 4 threatening emails in the span of less than two hours to upgrade to annual and pay for 46 seats for a 48-month term or they will shut off our service. The thing is — we have 9 folks on the team. And aren’t even using half the seats we pay for. And we’ve happily paid monthly for years, and didn’t ask for any change.
Last week, a who’s who of technologists called for artificial intelligence (AI) labs to stop training the most powerful AI systems for at least six months, citing "profound risks to society and humanity." In an open letter that now has more than 3,100 signatories, including Apple co-founder Steve Wozniak, tech leaders called out San Francisco-based OpenAI Lab’s recently announced GPT-4 algorithm in particular, saying the company should halt further development until oversight standards are in p
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🔓Creators Unlocked Creators Unlocked is a content series that delves into the world of content creators to uncover the stories behind their social media posts. From Twitter to TikTok, the articles aim to offer insights and learnings for aspiring and established creators while also offering a glimpse into the lives of those behind the screens.
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The Chinese government is instituting a cybersecurity review of US-based memory chip maker Micron’s products being sold in the country, in the latest move in the ongoing semiconductor trade dispute that pits China against the US and its allies. The rupture between China and the West over semiconductors is causing chip supply chain disruptions that threaten many of the fastest-growing parts of the technology sector – mainly AI and cloud technology.
Whether good or bad, customer feedback benefits your business in many ways. Attention to user sentiment transforms your company into a customer-centric business, setting it up for continued success. In this article, you'll learn: What customer feedback is. What makes it important. Best practices to follow when collecting feedback. Let's begin!
Sales Enablement → Revenue Enablement. So what? WE ARE NOT A COST CENTER! How do we feel about ‘Do More With Less’? Wait, did I just get quite hired? And other mental health questions. 3 Tech Trends: AI, Tool Consolidation, All-in-One Enablement, DSRs – Digital Solution Rooms Who/where should enablement roll up to? Less Reactive, More Proactive Outcomes, Not Outputs Why is everyone talking about MEDDIC?
Apache Airflow® 3.0, the most anticipated Airflow release yet, officially launched this April. As the de facto standard for data orchestration, Airflow is trusted by over 77,000 organizations to power everything from advanced analytics to production AI and MLOps. With the 3.0 release, the top-requested features from the community were delivered, including a revamped UI for easier navigation, stronger security, and greater flexibility to run tasks anywhere at any time.
The PC industry slowdown may finally have caught up with Apple, if the latest slice of industry gossip is to be believed. A new report emanating from Korea says Apple suspended production of its M2 series processors — the chips used in the MacBook Pro, MacBook Air and Mac mini — in January. Feeling the pressure? The report says third-party companies that work with processors supplied by TSMC for packaging had to cease production in January and February because orders slowed so much.
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Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
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I recently joined Lenny Rachitsky on his podcast for the second time. We covered a lot of interesting topics, such as why Grubhub ultimately lost to Doordash, over-reliance on frameworks and research in product management, and a deep dive on network effects, SaaS to marketplace transitions, and why consumer subscription is so hard. Listen on your favorite platform below.
Table Of Contents The strangest reality of application security in the age of "shift left" is the poor understanding of DAST tools (dynamic vulnerability scanning tools) and, particularly, the value that they the offer as part of a modern software development lifecycle. The most common misconception is that a DAST vulnerability scanner is only used by application security experts.
The strangest reality of application security in the age of "shift left" is the poor understanding of DAST scanning tools (dynamic vulnerability scanning tools) and, particularly, the value that they the offer as part of a modern software development lifecycle. The most common misconception is that a DAST vulnerability scanner is only used by application security experts.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Do you live in the US and you want to form a company or incorporate your business? As expected, there are a lot of important steps connected to such a plan, and this post will tell you all you need to know. 1. Set Up a Business structure US company formation has. Read more The post Steps for US Company Formation first appeared on SaaS Metrics.
Role: Customer Success Manager Location: Berlin, Germany (Hybrid) Organization: Ultimate As a Customer Success Manager you’ll assist 15-20 mid-market customers as their main point of contact during the installation and growth phases of their automation journey. Be a product guru by remaining current on new features, use your knowledge of the product constantly to provide the customer with the most value possible, and gathering feedback to encourage ongoing improvement.
There’s a strategy that will help you skyrocket those rankings without a lot of extra work. Yes, you could keep writing and producing more content. But this is complicated and it takes lots of time. Instead, you can update old content. It takes less work and delivers faster results which can only be beneficial for your overall content marketing strategy.
Speaker: Pete Uselman, Director of Partner Experience at Wind River Payments
Most integrated payments providers share a percent of the payment revenue with their software partners. But, oftentimes, that revenue share is only a fraction of the true income potential software providers can realize. If you want to maximize income opportunities from your payments program, check out Wind River Payments’ webinar-on-demand.
Role: Customer Success Manager Location: Berlin, Germany (Hybrid) Organization: Ultimate As a Customer Success Manager you’ll assist 15-20 mid-market customers as their main point of contact during the installation and growth phases of their automation journey. Be a product guru by remaining current on new features, use your knowledge of the product constantly to provide the customer with the most value possible, and gathering feedback to encourage ongoing improvement.
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