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7 Secrets to a Successful SMB Go-To-Market Strategy with PayFit Co-Founder and CEO Firmin Zocchetto and Accel Partner Philippe Botteri (Pod 576 + Video)

SaaStr

If a SaaS business hopes to win over the SMB market successfully, it will need a precise GTM approach. At the SaaStr Europa 2022 event, Accel Partner Philippe Botteri interviewed PayFit CEO & Co-Founder Firmin Zocchetto to ask about his GTM strategy. . Without an autonomous-first approach, you will miss out on many SMBs.

SMB 181
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Are You Interviewing 50+ Years Young SaaS Veterans? You Should Be.

SaaStr

SurveyMonkey was founded in 1999, one of the few SMB survivors of that era. And as part of that, don’t just bring in folks that are 40+ to interview. The post Are You Interviewing 50+ Years Young SaaS Veterans? SaaS as we know it probably started in 1999. Salesforce was founded then, NetSuite just before that.

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The Top Things Founders Get Wrong When They Start a SaaS Company

SaaStr

More here: A Simple Commitment Test For You And Your Co-Founders – SaaStr Not doing enough potential customer interviews. Don’t Forget the 20 Interview Rule. SMB folks want to go upmarket because there is too much churn in SMB. That’s tough. He or she will probably quit some time in Year 1. Go talk to 20–30 first.

SMB 220
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Forecasting Fintech’s Future and Keeping Culture Alive: A Q&A with the CEOs of BILL and Mercury

Andreessen Horowitz

They also talked about the difficulties — and potential advantages — of selling into small businesses, taking alternative approaches to interviewing candidates, and the importance of keeping culture a vital part of a company as it scales. Both of you sell into SMBs, which is a notoriously difficult segment.

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5 Interesting Learnings from Klaviyo at $650,000,000+ in ARR

SaaStr

But the metrics, especially for an SMB-focused SaaS business, are breathtaking. At SaaStr we’ve been super fans for a long time and a little ways back we did an amazing interview with CEO Andrew Bialceki here: Our 5 Interesting Learnings here: #1. Getting above 100% NRR from true SMBs is tough.

Scale 216
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Vista: Across $24 Billion in ARR, We’re Not Seeing a Broad Slowdown. But There Are Pockets.

SaaStr

But I hadn’t really thought of them as a proxy for all SaaS companies until I saw the CEO’s interview from a few weeks back. It does less in SMB. The companies they own a majority of are collectively at $24B (!) in ARR, so it’s second only to Salesforce in SaaS. And they spans dozens of leading vendors in SaaS.

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The Intersection of AI and Security: What’s New at Secureframe with CEO Shrav Mehta

SaaStr

Shrav added that if you want to close bigger deals, not just Enterprise, but mid-market and SMB as well, that the moment you’re ready to Go-To-Market, you need to become compliant. “A lot of the messaging on the SMB side is around, ‘Hey, let’s get you SOC-2 compliant.’

AI 148