Sat.Nov 15, 2014 - Fri.Nov 21, 2014

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When deers morph into elephants, SaaS nirvana is nigh

The Angel VC

By now you’re probably sick of my infamous animal analogies. Sorry. But I just love them and want to resort to them one more time. :) Namely, what I want to talk about are deers that can morph into elephants, or more generally, smaller animals that can morph into bigger animals. (1) In other words, I want to talk about account expansions, which are the result of a successful “land and expand” strategy.

SaaS 104
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Why Negative Churn is Such a Powerful Growth Mechanism

Tom Tunguz

Negative churn is an incredibly attractive characteristic of a SaaS company because it means that customer accounts are like high-yield savings accounts. Every month, more money comes in, without much effort. This is a powerful effect and can fuel SaaS companies to huge success, as we saw in New Relic’s S-1. The concept of negative churn is a bit amorphous so let’s illustrate the impact on a startup.

Churn 103
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Sales mindset: Expect the Yes, embrace the No

CloseSaaS

One of the things that's preventing people from achieving sales success is not about which words to use, or the mechanics of sales. It's their attitude - they don't have a solid sales mindset.

Sales 52
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Why 2015 Will be a Great Year for Startups

Tom Tunguz

At the DEMO conference, Danielle Morrill, the founder and CEO of Mattermark presented an impressive statistic. Seed, Series A, Series B and Later Stage startups employ 1M people, up from 650,000 just six months ago, according to Mattermark’s data sources. While it’s logical to think that the largest and fastest growing startups might employ the majority of startup employees because they hire at stupendous rates, this isn’t the case today.

Startup 100
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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, CTO of Betterworks, will explore a practical framework to transform Generative AI prototypes into

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How Important are Professional Services to Your Startup?

Tom Tunguz

Hortonworks filed their S-1 last week. Reading through the document, I noticed the company had quite a substantial fraction of professional services revenue; 41% of trailing 12 month revenue is services. Of the companies we have studied in our S-1 analyses , Hortonworks generates more professional services revenue as a fraction of total revenue than any other company.

Startup 100

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We're writing a new book: The Unscalable Startup

CloseSaaS

If you’ve ever written a book, you know how painful the process is. There’s a handful of really large, big pains: how to best present the big ideas, the right way to structure your book, and how to give it a cohesive narrative.

Startup 52
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New Billing Settings for Invoices

CloseSaaS

Hey Closers, A minor update for you. Some of you have asked for two features to help make your own accounting of Close invoices a little easier.