SaaStr

JUNE 10, 2023

Dear SaaStr: Can Founders Force a Reluctant VC to Exit (Assuming There is a Reasonable Return for All)? Sort of. Generally speaking, there is no legal or contractual way to make a VC sell / exit. There can be some exceptions, but usually there are no “drag along” or forced put rights in standard terms and conditions. But …unless (x) the VCs control the company (own > 50%+) AND (y) are willing to step in and put a CEO in, or be the CEO … the founders have a lot of de facto power here.

Venture Capital 265

Venture Capital Scale Startup Pricing 265

Tom Tunguz

JUNE 10, 2023

In the last month, Hubspot launched ChatSpot. Zendesk AI automates customer support. Salesforce launched AI Cloud. Adobe’s released Firefly. What do all of these launches & many other similar ones have in common? The largest SaaS companies in the world have released English-language APIs. Anyone can write English to enter some input (e.g., “What are my top leads for this week?

Software Review 211

Software Review SaaS Systems Review AI 211

SaaStr

JUNE 10, 2023

If you do raise prices, how about also adding more value than price increase? E.g., add: – More great features – Close feature gaps – Better support – New integrations, partners – Better API, security – New stakeholders, dashboards, analytics Turns a Rip-Off into a Good Deal — Jason ✨Be Kind✨ Lemkin  (@jasonlk) June 4, 2023 For the last few years, SaaS has felt less like a service than it used to. 2023 has become the year of not just the aggressive pri

Pricing 198

Pricing SaaS Marketing Customer Success 198

Crafty CTO

JUNE 10, 2023

Speaking only for myself, I get orders of magnitude more value from [GitHub Copilot] than the $10/month it costs. How? Copilot (often used in conjunction with GPT, and now, Bard) has reduced the activation energy for the small scripty projects I want to undertake from being just slightly over a weekend (which meant they would get abandoned or not even started) to fitting comfortably within a weekend.

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Crafty CTO

JUNE 10, 2023

Yesterday I was watching the 24 Hours of Le Mans, 2023 edition, when I realized, “wait a minute, I’ve blogged about Le Mans before …” Much to my POSSE horror, I realized that I had taken down my 2015-era blog without preserving its content, and that some of the content actually appeared to be worth preserving. Actually, Cory Doctorow would make the point that ALL of that content is worth preserving, even it if seems cringeworthy or no longer relevant.

Engineering 52

Engineering Travel Technology Interviewing 52