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The 10x Rule: What Raising $1 of Venture Capital Really Means

SaaStr

Especially now in 2022, when venture capital again is scarcer, and more expensive, and far harder to close than it was during the go-go times for SaaS of 2021 and late 2020. Does this make venture evil or something because these deals probably didn’t make all the founders multi-millionaires? Of course not.

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The Pros and Cons Of Working in Venture Capital

SaaStr

Q: What are the pros and cons of working in the venture capital space, and why? I’ll list the pros and cons, but before we get there, it’s important to note a few things: Venture Capital is a tiny industry. There are very limited promotion paths in venture. It’s a sales and finance job.

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Surprising Data Points about the Venture Capital Market

Tom Tunguz

Curiously, this is roughly consistent with the lengthening in sales cycles software companies are enduring with customers. Perhaps there’s a parallel in buyer psychology in software & in venture capital. Time between rounds has jumped about 40%. Seed valuations remained relatively constant.

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One Simple Rule On How Much To Pay Yourself Once You Raise Venture Capital

SaaStr

Q: How do Venture Capital Firms really feel about founder salaries? Let me add just one thought to the discussion on founder salaries, once you are venture-backed. The post One Simple Rule On How Much To Pay Yourself Once You Raise Venture Capital appeared first on SaaStr. 10k a year. 10k a month.

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What’s Going on in Venture Capital in 2023? A Conversation with SaaStr Founder Jason Lemkin and 20VC Host Harry Stebbings (Pod 631+Video)

SaaStr

After several years of booming business in SaaS, the world of fundraising nearly gave everyone whiplash when capital stopped flowing as freely in 2022 as it did in 2021. So, what exactly is happening in the venture capital world, and what do startup founders need to know? Don’t make impossible demands of the sales team.

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The Broken State of SaaS Sales Rep Comp

SaaStr

Back in the day, premium comp for some software sales execs made simple and easy sense. Traditional software had 90% gross margins, and the classic enterprise sales reps, the best ones, could close a million or more dollars a year. Either higher quotas, lower attainment, or for a while, even more venture capital.

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Investing and Venture Capital in 2023 With SaaStr Founder/CEO Jason Lemkin and Atrium Founder/CRO Pete Kazanjy (Pod 624 + Video)

SaaStr

He is the CRO and CO-Founder of Atrium, a data-driven sales management platform that helps sales managers, sales leaders, and sales ops pros use data to improve rep and team performance. Since 2016, he prefers to make about three or four investments per year, usually within the $1 – $4 million range. .