5 Things To Be Wary of In VC Financings

SaaStr

The post 5 Things To Be Wary of In VC Financings appeared first on SaaStr. Career Growth & Advice Company Stage Early Fundraising Leadership Q&A Resource Type Role / Function TopicsEven these days, in The Best of Times for SaaS, many founders are wary of Venture Capital.

How Revenue-Based Financing and Venture Capital Funding Work Together

OPEXEngine

As Chief Credit Officer at Lighter Capital, I work behind the scenes grappling with the data that informs all of our decision-making regarding financing deals, from revenue-based financing (RBF) to term loans and lines of credit. With revenue-based financing, the leading alternative financing solution , a company agrees to share a percentage of future revenue in exchange for up-front capital. What should VCs make of revenue-based financing?

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3 Must-Have CFO Skills: Operating Finance, Strategy and Communications

OPEXEngine

Corporate finance experience is declining, while investment banking is rising, as a path to the CFO seat, CFO Dive data shows. ” Many leadership paths. “Not all finance executives can do that.”

How Revenue-Based Financing Works and What RBF Providers Care About

Chart Mogul

Revenue-based financing is quickly becoming a popular way for startups to raise funds without sacrificing equity. New investment structures are gaining traction in the early-stage SaaS financing market. You may have heard of Revenue-based financing (RBF), venture debt or hybrid structures blending a revenue or profit share concept with an equity ownership stake. A high-level look at Revenue-based financing (RBF). How we think about SaaS financing.

PODCAST 113: Secrets to Great Leadership During a Pandemic and Beyond with Barrett Boston

Sales Hacker

The finance world wasn’t scratching the itch, though, so he decided that he just had to be in sales. Of course, we’re talking about what’s going on during the pandemic, but also just about his leadership skills and his experience.

PODCAST 127: Leadership Lessons From 10 Years of Democratizing Youth Sports w/ Brian Litvack

Sales Hacker

Key lessons learned in 10 years of top leadership [12:23]. And I was all set to go into more of a finance or consulting career, and my older sister, I started working in sports. Key lessons learned in 10 years of top leadership [12:23]. We stood up leadership forums.

PODCAST 75: 3-Layer Approach to Stage-Appropriate Leadership w/ Jason Holmes

Sales Hacker

Jason specializes in executive sales leadership with CRM, SaaS, and other tech companies. Jason’s 3-layer approach to stage-appropriate leadership [22:44]. I also see a very close partnership between the revenue operations team and the finance organization. All things actuals need to come out of finance. They should be reflected exactly the same in the finance reports and in the operational team’s reports.

The Meanest Thing VCs Do To Founders

SaaStr

And forget about most bank-style debt financing if your VCs aren’t 100% supportive. Even if they don’t, the acquirer will generally require close to 100% shareholder support to close a deal no matter what the financing documents or law say.

The Sage CFO 3.0 Research Launch

Kellblog

In addition to a fine selection of customers for each panel, I was pleased to have two thought leaders joining me as well: Rob Kugel from Ventana Research , and Jack McCullough , president of the CFO leadership council and author of Secrets of Rockstar CFOs.

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A Few Thoughts On How To Think About Dilution

SaaStr

The next dilution you hopefully won’t lament, but may, is Equity Financing (i.e., On VC financing, here are my 3 suggestions (and 1 framework) on how to think about Dilution: First, raise 125% of what you need in VC capital. Blog Posts Fundraising Growth Leadership

Leadership Tips, Team Culture, Choosing First Investor, and more – Mattermark Daily

Mattermark

The post Leadership Tips, Team Culture, Choosing First Investor, and more – Mattermark Daily appeared first on Mattermark. Mattermark Standard is now $49 per month. In addition to publishing this newsletter, we crawl the public web to organize information on more than four million of the world’s fastest growing businesses. Job seekers, founders, angel investors, and most importantly YOU can take advantage of Mattermark data starting at $49 per month, with no annual commitment.

What It Takes to Really Raise Capital in 2021 with Point Nine Capital

SaaStr

An overall pattern emerges from the data: As years go by, each financing round appears to increase notably from 2016 to 2021. The answer varies depending on the financing round. Blog Posts Early Featured Videos Fundraising Growth Leadership Podcasts Scale Videos

How to Avoid Being Replaced as CEO by Your VCs

SaaStr

More here: 5 Things To Be Wary of In VC Financings. Blog Posts Company Stage Early Fundraising Leadership Resource Type Role / Function TopicsWorried about a bunch of VCs replacing you? You should be a little worried, probably.

How to Stop Micromanaging After $1m-$2m ARR. You Have To.

SaaStr

Hire a VP of Finance or even a CFO Early if You Are Growing Quickly. Outsourcing Finance Breaks Earlier Than You Think. If you are growing > 10-12% Month-over-Month past $1m in ARR, I think you need a VP of Finance, or at least a solid Director, as early as $1m ARR.

The Power and Honesty in a L4M Model. Build One Now.

SaaStr

One thing I see most SaaS companies do a pretty poor job of until they have a great finance team is a go-forward model. Even once start-ups have a strong finance team, the models they do make are often still … too rosy.

Power Laws: A Look Back To Where 20 SaaS Break-Out Companies from 2012 Are Today

SaaStr

Where it Went: $233m+ in growth financing (at implicit valuation of $1B+) in 2021. #78 Blog Posts Company Stage Leadership Resource Type Role / Function Scale Tech News TopicsThe second SaaStr post ever, way back in late 2012, was “ Everybody Lies: SaaS Revenues in the Inc.

Job #1 Once You Hit Initial Traction — Stop Owning Anything

SaaStr

Even better if it helps you skip a round of financing. Finance. Blog Posts Hiring LeadershipWe all screw a lot of things up. But I think the biggest, #1, mistake successful first-time entrepreneurs in SaaS make time and time again these days is they micromanage too long.

CEOs of Zapier, Walkme and Dialpad: How to Build Your First Management Team (Video + Transcript)

SaaStr

Everyone here I think actually has a different background that they bring to the table, whether it’s a programmer, whether it’s in finance, whether it’s in law. They work with the CEO to figure out the financing strategy.

Don’t Worry About Losing All Your Investors’ Money

SaaStr

Mostly importantly, all you really have to worry about in the early days on the finance/capital/money side is your Zero Cash Date. Blog Posts Company Stage Early Fundraising Leadership Metrics Resource Type Role / Function Topics

SaaStr Classic: Jyoti Bansal of Harness.io and AppDynamics; Dev Ittycheria of MongoDB (Video + Transcript)

SaaStr

So let me start with the basics on like, what do you look for when you have to hire someone in a sales leadership role, what do you look for? So let’s talk about, scaling and organization and the management and leadership lessons as you’ve gone through it.

In The Early Days, Don’t Forget To Pay Yourself, Too

SaaStr

As part of being Somewhat Lean, I went without any salary not just in the very beginning, but then again for quite a long time after we raised a $2m Series A financing … until we raised our Series B. When I co-founded my first company, way back in the dark stretch between Web 1.0

An Insider’s Guide to Convertible Debt vs. Equity

SaaStr

Many start-ups are filled with VCs who bought 1% or 2% or 4% of a company in a SAFE and have never been involved at all, and end up dead-wood on the cap table, and maybe at the margin — a negative signal in the next financing round.

5 Tips To Make The Journey More Fun

SaaStr

But the real play here isn’t to raise or try to sell less in a financing round … that’s pretty hard given that most investors have minimum bite sizes. Blog Posts Career Growth & Advice Company Stage Fundraising Leadership Resource Type Role / Function Topics

Lessons in Scaling a Low Code Platform with Airtable

SaaStr

How do you scale a company based that can be collaborative for everyone in your org — from finance to marketing? Blog Posts Featured Videos Growth Leadership Product Scale Videos

The Best of SaaS at YCombinator: A Deep Dive with the CEOs of Gusto, Amplitude and Plangrid (Video + Transcript)

SaaStr

There’s a set of things that are always there, like PR work, fundraising, financing, investor relations work, candidates hiring, etc. Blog Posts Company Stage Leadership Resource Type Role / Function Topics Videos

SaaS 227

How Common Is It For Founders To Get Some Liquidity in A Venture Round?

SaaStr

5 Things To Be Wary of In VC Financings. Blog Posts Company Stage Fundraising Leadership Q&A Resource Type Role / Function Topics

10 Things I Wish My Board and VCs Had Told Me

SaaStr

This isn’t bridge financing. Blog Posts Career Growth & Advice Company Stage Growth Leadership Resource Type Role / Function TopicsThey say CEO is a lonely job, and I guess in some ways true, but in many ways it’s quite the opposite.

The Cadence: How to Turn Your SaaS Startup into an Army with David Sacks (Video + Transcript)

SaaStr

The first system is what I call the sales finance system. So, the first system is a sales finance system, so let’s start with sales. The sales calendar is part of one system with the finance calendar.

8 Ideas On How To Do Better In the New Normal

SaaStr

There were 2 natural finance reactions to Covid-19: Cut. Another natural reaction in finance is to stop paying people. Blog Posts LeadershipSo however rough it’s been lately, or at least different … it’s time. It’s time for the New Normal.

Are We Due for a SaaSacre?

Kellblog

To me, this all suggests that in these frothy times, the balance of growth and profit (which is what Rule of 40 measures) matters less than other factors, such as growth, leadership, scarcity value and hype, among others.

It Doesn’t Really Matter When Your Competitor is Acquired. (Except It Means You Weren’t.)

SaaStr

Between your competitors’ 100 tweets a day about how Everyone In the World Loves Them, their $50m in venture financing last week, their We Rule the World press releases (that no one reads but you) … competition is all around you.

Wartime SaaS Forecasting: Fighting Uncertainty by Accounting for Unknowns

Chart Mogul

In direct opposition to this surge of interest in projections is the outgoing tide of confidence in leadership’s ability to forecast with any accuracy. Best Practices finance saas

Raising Funding During COVID with Homebrew Partner Satya Patel (Video + Transcript)

SaaStr

But know that there’s going to be a greater time commitment, more meetings, more conversations, to get over the bar and over the hump for closing your seed financing or any financing in this environment. Can the capital be managed until the next financing?

SaaStr Podcast #349 with Craft Ventures General Partner David Sacks: “How to Turn Your SaaS Startup into an Army”

SaaStr

The first system is what I call the sales finance system. So, the first system is a sales finance system, so let’s start with sales. The sales calendar is part of one system with the finance calendar. 349: Startups can get messy. Especially in growth.

SaaStr Podcast #372 with 6sense CMO Latané Conant

SaaStr

To date, the company has raised $120M in financing from Battery Ventures, Insight, Venrock, Costanoa, Bain Capital, and Salesforce Ventures to name a few. Company Culture Leadership Podcasts Sales 6sense latane conant

SaaStr Podcast #377 with Hashicorp CEO Dave McJannet

SaaStr

Dave McJannet: So, I started my career in the world of finance, actually, and I moved to the Bay area when my girlfriend, now my wife, came here for grad school. I do want to say, in terms of your leadership, leaderships change and evolved in terms of the styles.

SaaStr Podcasts for the Week with Qordoba and Gainsight — March 27, 2020

SaaStr

If it’s a larger team, focus on your leadership, but focus on your core folks, how are they doing at home? Most of us, most of your prospects are going to have VPs of finance and CFOs putting a pause on budgets until they can figure out what the markets are doing.

6 Takeaways from The G2 Crowd Grid for Revenue Management

Sage Intacct

When it comes to revenue recognition and ASC606, finance executives at SaaS and subscription companies face many challenges. There are complexities regarding revenue and billing models, how well aligned sales and finance are on deal terms, and the changing rules from ASC 605 to ASC 606. Software/SaaS Thought leadership SWTL

SaaStr Podcasts for the Week with PagerDuty and Gusto — April 17, 2020

SaaStr

Carolyn Guss: We had actually just had, before all of the coronavirus changes began, we had gone off site with all of our leadership team to talk about how do we improve cross-functional working in PagerDuty and eliminate silos.

SaaStr Podcasts for the Week with Lucidchart and Wrike — February 28, 2020

SaaStr

They’ve raised about $6 million in financing and they found this person who is incredibly talented generally, but they didn’t need a role specifically. This really takes a shift from the leadership perspective as well.