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The Top 10 Things to Know Before Starting a SaaS Company

SaaStr

If you can’t do the time, don’t do the startup. You have to hire so many functions in SaaS – VPS, VPM, VPP, VPCS, VPE, etc. Every month, the Net New Revenue dial goes back to $0. And 99% of SaaS companies will need 7–10 years to get to $100m ARR and beyond. You have to love, or at least commit to, recruiting constantly.

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Dear SaaStr: I’m Bootstrapped. How Can I Afford to Hire Any VPs?

SaaStr

Q: When should a bootstrapped startup hire a (CFO, COO, CMO)? But as you approach $8m-$10m ARR, there will be enough revenue. ARR VPCS: $2m ARR VPP: $3m-$4m ARR VPE: $5m-$6m ARR CFO: $10m ARR COO: $20m ARR. How can a CEO hire those C-level positions for the first time as a CEO and entrepreneur? ARR VPS: $1-$1.5m

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The Top 5 Things Everyone Should Know Before Starting a SaaS Company

SaaStr

If you can’t do the time, don’t do the startup. VPS, VPM, VPP, VPCS, VPE, etc. Every month, the Net New Revenue dial goes back to $0. And 99% of SaaS companies will need 7–10 years to get to $100m ARR and beyond. More here: TAM is Great. But What Really Matters is That You Believe You Can Hit $100m ARR in 7 Years. Much better.

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Bet On Up-and-Comers. But Add One Veteran For Each $10m ARR.

SaaStr

They often staff up their teams with folks they already know and have been successful with at their last startup. The sales leader that did well, but their startup still didn’t quite make it. A truly experienced VP of Sales, for example, will know exactly how to scale the sales team to hit your revenue goals.

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16 Changes to the Way Enterprises Are Building and Buying Generative AI

Andreessen Horowitz

In 2024, we believe the revenue opportunity will be multiples larger in the enterprise. Can these startups actually make any money? We estimate that this made up a sizable portion of revenue for these companies in 2023 and, in addition to performance, is one of the key reasons enterprises selected certain model providers.

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Snowflake, CrowdStike and SumoLogic: “How to Leverage the Cloud Giants to Scale to 100 Million ARR and Beyond”

SaaStr

So for the audience, cloud giants are turbocharging startup sales, and the predominant reason for this is because they’re fundamentally changing IT budgets at the customers that we’re all selling to. How do you understand really if cloud marketplaces are right for your startup? Jabari Norton. Rico Mallozzi.

Scale 200