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Stax Payments Appoints Mark Sundt as Chief Technology Officer

Stax

Stax Payments , a leading payment technology provider, has appointed Mark Sundt as Chief Technology Officer. As CTO, Sundt will accelerate the delivery of new products, features, and functionality that unlock and drive increased value for Stax customers and partners. To learn more about Stax, visit staxpayments.com.

CTO 88
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8 Things That Change When Your Company is Acquired

SaaStr

Unless there is a huge earn-out or retention payment tied to performance, the pressure is partially off. Most surprisingly, my CTO — the most start-up-ey guy I know — is still there. You may be asked to own new stuff beyond just what your company / app does. Contingent payments incent — and modify — behavior.

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Dear SaaStr: What’s It Like to Have Your Company Acquired by One of the Tech Giants?

SaaStr

Unless there is a huge earn-out or retention payment tied to performance, the pressure is off. Most surprisingly, my CTO — the most start-up-ey guy I know — is still there. You may be asked to own new stuff beyond just what your company / app does. Contingent payments incent — and modify — behavior. Not all of it.

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10+ Ways A Venture Financing Can Implode Post-Term Sheet

SaaStr

And any odd stuff on the cap table, or existing terms — at least highlight them, and come with a solution. Nondisclosure of loans and repayments of founder “debts” from proceeds, and/or other unusual payments to founders or other execs. Use standard, clean, fair deal terms and docs. But don’t disclose this at the last minute.

Finance 282
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Beyond Frankencloud: living with your once and future SaaS architecture

CloudGeometry

Interest payments accelerate faster than you realize. Expanding LAMP stack apps by mixing of Java, PHP, Python, Ruby, Haskell (I could go on…). What starts as an easy hack for a new feature that accesses the database directly sprawls quickly into reads and writes that conflict with all kinds existing functions.

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11 Key SaaS Roles and Responsibilities in 2023

User Pilot

TL;DR SaaS, or “Software as a Service,” is a business model that delivers centrally hosted software to subscribers over the internet. Customer Onboarding Specialist: Responsible for helping new customers get up and running with the company’s products. Average salary: $95,566/yr. Average salary: $46,035/yr.

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How QuikNode is Handling Growth in the Blockchain Industry

Baremetrics

This allows anyone building an app that applies blockchain technology to do so by building directly on top of QuikNode’s globally distributed Web3 infrastructure. Background In 2017 and 2018, many new blockchain projects started offering their tokens for sale. Table of Contents.