5 common mistakes by first-time startup founders and how to avoid them

OnStartups

Startups are hard. If you’re a startup founder you already know these statistics and yet you are irrationally proceeding forward. This may seem like a gross generalization, especially since you probably just quit a job to launch your startup based on an idea you think is very good.

Dear SaaStr: When Should You Sell Your Startup?

SaaStr

Dear SaaStr: When Should You Sell Your Startup? Most startups never get a single good acquisition offer, ever. The post Dear SaaStr: When Should You Sell Your Startup?

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VCs and The Three Types of Struggling Startups

SaaStr

So even more than usual, VCs have to decide what to do with their struggling startups. The thing is VCs know 3 almost conflicting things: The best startups just grow at an insane rate, at least most of the time. And yet … Almost all the top startups had one rough year.

Founder-Led Sales Strategies For Startups

Predictable Revenue

Breaking down sales strategies that founders and entrepreneurs need to adopt to amplify revenue, specially in startups. The post Founder-Led Sales Strategies For Startups appeared first on Predictable Revenue.

Product Market Fit: A Lesson from Sephora’s Head of Product

Speaker: Sneha Narahalli - VP, Head of Product at Sephora

In this webinar, Sneha Narahalli, Head of Product at Sephora (Digital, Data & MarTech), will give you an iterative method for identifying and developing Product Market Fit.

The Complete Guide to Business Startup Costs

The Daily Egg

The post The Complete Guide to Business Startup Costs appeared first on The Daily Egg. The top challenge for small business owners is cash flow and the cost of running the business is the second biggest challenge.

Building Startup Sales Teams: Tips For Founders

OnStartups

All the points below have been pulled from startup sales teams that I think work pretty well (including the team at CRM software company, HubSpot). Building Startup Sales Teams. First off, just to be clear, I’ve never been a sales person. I’ve never even played a sales person on TV.

Every Venture Backed Startup is Now Competing for Reserves

SaaStr

If as a VC you invested at $10m pre initially, and say it’s 2021 and that same startup is doing a 100x round at a $300m valuation, this early VC fund can pick and choose whether to invest more or not.

Practical Thoughts on Branding for Software Startups

Kellblog

In general, I think branding is a potential marketing rathole for startups, particularly early-stage ones. Some startups put the cart in front of the horse. For startups, fewer is better. For tech startups they tend to fall into a few patterns. (I’ll Who are we?

ForgeRock: Top Startup Valuations Fell 19.95% in February and March

SaaStr

These platforms are used to trade shares in the largest, late-stage startups: Forge Global, which just SPAC’d / went public itself, found the clearing price for trades for top startups fell 10% in February and another 10% or so in March , after just starting to go down in January.

Debt Financing Fuels Your Growth - on Your Terms. Zero Dilution.

The landscape of startup financing is changing. Learn why SaaS founders are turning to debt capital options like revenue-based financing.

Startups: Tools Are Bought, Transformations Are Sold

OnStartups

One thing that I wish I had learned earlier in my entrepreneurial career is this: Tools are bought, transformations are sold. Here's a clip of a talk I gave at the SaaStr conference that elaborates on this. First, let's talk about the difference?

How to prepare your startup for acquisition

Chart Mogul

Selling a startup can be an exhausting, overwhelming process, but the right preparation can make it much easier. 4x entrepreneur Andrew Gazdecki shares how you can better prepare yourself for your startup's acquisition, and make the journey a rewarding one.

Is Every SaaS Startup Worth Half of What It Was Last Year?

SaaStr

But what about startups? Most VC funds “carry” startup investments at their last round price, unless their value has been materially impaired. Even if the startup isn’t quite a rocketship anymore, most smaller VC funds will stay hold it at the same value.

Dear SaaStr: What Are The Top Things to Know Before Starting a SaaS Startup?

SaaStr

Dear SaaStr: What Are The Top Things to Know Before Starting a SaaS Startup? Venture capital is a niche type of funding and 99% of startups will never be able to raise venture capital. If you want to, understand what it takes to be in that 1% of fundable startups.

Growing your Startup? Find the Right Startup Financing for Your Capital Needs

Entrepreneurs are facing unprecedented circumstances right now. The capital choices you make will have a lasting impact on the trajectory of your company. Knowing the right questions to ask and how to compare your options is vital to making the best decisions. Download the Startup Finance Playbook to learn more.

The Top 5 Mistakes European Startups Make in US Expansion

Kellblog

Bernard , Suranga , Alice , Rob ) as well as my other European startup colleagues (e.g., The US poses numerous, often unique, challenges for a European technology startup. With that introduction, I believe the top five mistakes European technology startups make in US expansion are: 1.

Dear SaaStr: How Long Does It Take the Average SaaS Startup to “Exit”?

SaaStr

Dear SaaStr: How Long Does It Take the Average SaaS Startup to “Exit”? More here : The post Dear SaaStr: How Long Does It Take the Average SaaS Startup to “Exit”?

Dear SaaStr: When should a bootstrapped startup hire a (CFO, COO, CMO)?

SaaStr

Dear SaaStr: When should a bootstrapped startup hire a (CFO, COO, CMO)? The post Dear SaaStr: When should a bootstrapped startup hire a (CFO, COO, CMO)? How can a CEO hire those C-level positions for the first time as a CEO and entrepreneur? What skills should he or she look for?

The most exciting Latin American SaaS Startups

SaaStock

We had a closer look at who the young upstarts of Latin America are in search of the most exciting Latin American SaaS startups. With them in mind, we have created our Startup Program , tailored especially for SaaS startups. The Startup day will offer mentoring, coaching, pitch practice, a masterclass and many other essentials to the success of any SaaS startup. The startup is comprised of expert researchers from academia and financial markets.

Scaling Your Startup and Getting Funded: Key Lessons from Seasoned Pros

Speaker: Brian Chang, Managing Director of Warburg Pincus & Scott Schwan, Chief Product Officer of A-LIGN

Scaling your SaaS business to the growth stage requires a strong product/market-fit, an optimized marketing funnel with repeatable sales processes, and a strategy for customer retention. But how do you truly get to that coveted phase of continued growth and profitability?

Dear SaaStr: What Are the Danger Signs a Startup Isn’t Going to Work Out?

SaaStr

Dear SaaStr: What Are the Danger Signs a Startup Isn’t Going to Work Out? The post Dear SaaStr: What Are the Danger Signs a Startup Isn’t Going to Work Out? Let me share my list.

5 Tips For Choosing The Best Domain Name For Your Startup

OnStartups

Finding a domain name for a startup is tricky. Finding a Great Startup Domain Name. By doing so, a startup establishes a solid brand clients will remember. As a startup, you often can't compete, nor are you likely to have the resources to do so.

Dear SaaStr: What Should I Do after a Failed Startup? Get a Job or Try Again?

SaaStr

Dear SaaStr: What Should I Do After a Failed Startup? There are 1000s and 1000s of startups that didn’t make it. The post Dear SaaStr: What Should I Do after a Failed Startup? Get a Job or Try Again?

Guess the Startup

Tomasz Tunguz

I’m going to tell you a bit about two startups and I’d like you to guess the name of each company. Both startups provide database software to developers to build applications.

4 Competencies of a Successful Sales Team

Speaker: Collin Stewart, Co-Founder & Co-CEO, Predictable Revenue

As you scale your SaaS business, you want to be armed with all the necessary tools to ensure optimal growth, which ultimately stems from how effective your sales team is. After identifying that you have a great product that the market needs, the next step is to determine if you have the proper messaging, if you are using the correct channels, and if you have the most effective tactics in place. Join Co-Founder and Co-CEO of Predictable Revenue Collin Stewart to learn how to use this formula to fast-track your startups’ growth journey.

Dear SaaStr: Is it Bad to Leave a Failing Startup?

SaaStr

Dear SaaStr: Is it Bad to Leave a Failing Startup? If you’re a critical resource and leave a struggling startup — would that increase the odds it fails? The beauty to startups is its OK if they fail and it won’t hurt your resume, not usually.

The People Roadmap for Startups

Tomasz Tunguz

Startups create products. When a business is ready to scale, a startup ought to develop an organizational roadmap. The question for early-stage startups is how to start building this structure. Most startups begin either with a product marketer or a demand generation specialist.

Dear SaaStr: How Soon Do Startups Get Notified by VCs About Their Decision to Invest?

SaaStr

Dear SaaStr: How Soon Do Startups Get Notified by VCs About Their Decision to Invest? More here : The post Dear SaaStr: How Soon Do Startups Get Notified by VCs About Their Decision to Invest? Pretty quickly. Once a VC really wants to invest … you’ll know. Often in just a few days.

Why Big Companies Buy Startups

SaaStr

There are a lot of subtle pros and cons and issues, but for most Big Tech Companies, the pro to buying a startup is time and scale: Being able to enter a space or category quicker. The post Why Big Companies Buy Startups appeared first on SaaStr.

AR Management Playbook - Secrets to Reduce AR Aging and Increase Cash Flow

If you’re like many SaaS startups, billing and payment management is a big challenge. With this playbook, we’ll show you how to implement an AR management process to handle late payments, subscription renewals, and other recurring billing functions.

Dear SaaStr: When Is the Best Time for a Co-Founder to Leave a Startup?

SaaStr

Dear SaaStr: When Is the Best Time for a Co-Founder to Leave a Startup? This also generally is the right way to go if your startup is acquired. The post Dear SaaStr: When Is the Best Time for a Co-Founder to Leave a Startup?

Introducing the SaaStock Asia Startup Program

SaaStock

Christina Villa had a simple launch plan for Cledara: do it at the SaaStock Startup stage on October 16th, 2018. Having applied for the SaaStock Startup Program, she was in a race against time – the platform needed to be functioning by the time she got on the stage to pitch. The feat was so impressive that Cristina ended up winning the SaaStock ‘Best SaaS Startup of 2018’ competition. The Startup Program Day. Articles SaaStock Asia Startups

Dear SaaStr: What Are The Chances of a Startup CEO Getting Fired?

SaaStr

Dear SaaStr: What Are The Chances of a Startup CEO Getting Fired? The post Dear SaaStr: What Are The Chances of a Startup CEO Getting Fired? Fairly low. But once you raise venture capital especially, it something to at least understand better. First, let’s step back.

Are startup CEOs happy?

SaaStr

The post Are startup CEOs happy? The best start-up CEOs are: driven. unhappy if they are not building. truly enjoy doing great things with their team. are grateful for those on the journey with them. want very happy employees. incredibly proud of the crazy things everyone has pulled off. are usually pretty excited to get to work on Monday. but … happy themselves? It’s just … a bit too hard for “happy”. A bit too hard on the family. A bit too hard hitting the plan each and every year.

Scaling to the Masses - Fit Your Product for a Larger User Base

Speaker: Dustin Smith, Sr. Product Manager, Incubator

The classic product story goes like this: A small team puts a great idea to work. Said idea becomes a wildly successful app. Team makes lots of money and attracts talent from all over the globe, quickly dotting the map with international offices. In a matter of years, a very small company becomes a global superpower. Romantic notions aside, the story neglects to mention the most essential variable to product success: scalability. If a product can't withstand a growing user base and diverse team, it'll never leave the think tank. Whether you're running a small startup or trying to get your idea to take off in a large corporation, you'll need the right tools and the perspective to scale your product. Join Dustin Smith, Senior Product Manager of the Innovation Incubator at Indeed, and learn how to scale your product for greatness.

Dear SaaStr: What Separates a Good Startup Founder From a Great One?

SaaStr

Q: Dear SaaStr: What Separates a Good Startup Founder From a Great One? The post Dear SaaStr: What Separates a Good Startup Founder From a Great One? Two factors IMHO / experience: (1) recruiting, and (2) the ability to push on. Being great at Recruiting. Recruiting is incredibly hard.

Guess the Startup Answers

Tomasz Tunguz

Thanks to the many readers who wrote in to Guess the Startup on Friday. I had three goals for the Guess the Startup Post. growth rate in a year would be the envy of most seed stage startups.

Beginner’s guide to the sales process for startups

SaaStr

5 tips for developing a sales process for your startup. Sponsored blog post brought to you by Zendesk for Startups. Are you a startup looking to get started on your sales CRM or overall customer experience?

How do VCs value startup?

SaaStr

The post How do VCs value startup? There is one common factor, that founders know, but often lose track of in their pitch: every VC, at any stage, is looking for outliers. Your pitch, your team, your metrics, your market position, your vision, your TAM, your everything, should honestly and transparently but aggressively and positively show how you can be an outlier. It is hard to make money as a VC, as odd as that may sound.

Design Hacks for Non-Designers: Ask Expert Laura Klein

Speaker: Laura Klein, Principal at Users Know and Author of UX for Lean Startups

We all have to make quick decisions about product interfaces, and there's not always a designer around when you need one. That doesn't mean that you're doomed to failure, though. Learn a few really common user experience design mistakes and how to avoid making them. Join UX designer and product management expert Laura Klein for a no-holds-barred Ask Me Anything session on UX design. Laura—principal of Users Know and author of Build Better Products and UX for Lean Startups—has over 20 years of experience helping companies innovate responsibly and improve their product development processes.