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“Seed is Broken But There is More Seed Funding That Ever”: The Latest Deep Dive with Harry Stebbings and Jason Lemkin

SaaStr

Ok the title here is a bit dramatic, but certainly seed investing is in an odd place in 2024. Harry and Jason did a deep dive on this and so much more here: Intro (00:00:00) Seed investing is broken due to limited founders capable of triple-digit growth. The best investments grow from $1 million to $10 million in 5 quarters or less.

CTO Hire 209
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Every Top Founder Ever: “I Should Have Acted on Bad Trends Earlier”

SaaStr

A Burn Rate That is Too High Venture capital is meant for investing, for sure. But there’s a fine line between investing and keeping a leaky boat and set of metrics afloat. Almost every founder regrets using capital to keep a high-burn rate engine going that isn’t scaling rapidly. #2.

Trends 286
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How to Navigate Strategic Change for Growth with SaaStr CEO and Founder Jason Lemkin (Video + Podcast)

SaaStr

Jason re-takes the stage in Part 2 of the series to answer questions about the right time is to invest in a new product line, building vertical vs. horizontal, multiples in 2024, and much more. Some pre-seed founders don’t live in popular SaaS areas or have access to networks or capital to make it to popular conferences or events.

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Lessons From Selling to 10,000 Startups With Zendesk VP of Startups, Kristen Durham (Video)

SaaStr

Others may seek to corner the SMB market. And as part of that push from my vantage point as Chief of Staff, I saw the need to continue investing in those early-stage startups so that we didn’t put all our eggs in one basket but that we continue to grow and nurture the companies that would go on to become great.”

Startup 208
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10 Lessons Learned Along the Path to $100M ARR with UserZoom CEO Alfonso de la Nuez and CMO Sophie Chesters (Pod 590 + Video)

SaaStr

In the early days, UserZoom struggled with deciding whether its target market should focus on enterprise or SMB. Many start-ups think they need to net venture capital to jumpstart their growth. UserZoom invested in a model where they didn’t just provide software, but services, in a model known as SaaS++.

Scale 218
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Announcing Intercom’s new program for venture-backed startups

Intercom, Inc.

We are delighted to share that we are officially launching our new program for fast-growing, venture-backed startups. We’re working with venture capital, accelerator, incubator, and technology partners to help founders bring the best communication experience to their customers. Apply here.

Startup 118
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5 Interesting Learnings From Slack. As It Gets Ready to IPO.

SaaStr

All the great SaaS companies IPO’ing now have strong revenue retention, whether SMB or enterprise focused. ” The Slack Fund is tiny. “As of January 31, 2019, Slack Fund has invested $10.1 million funded by Slack and the balance funded by the venture capital funds who partner with Slack Fund.”

Scale 278