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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)? ARR VPCS: $2m ARR VPP: $3m-$4m ARR VPE: $5m-$6m ARR CFO: $10m ARR COO: $20m ARR. 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?

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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. 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)? 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? What skills should he or she look for? Not all at once, but you can benefit from all of them by then.

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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. 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. You have to love, or at least commit to, recruiting constantly.

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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 201
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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. But on-the-job-at-your-startup experience is even more important than prior experience. Veterans of the SaaS journey.

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

Andreessen Horowitz

Can these startups actually make any money? We believe that AI startups who 1) build for enterprises’ AI-centric strategic initiatives while anticipating their pain points, and 2) move from a services-heavy approach to building scalable products will capture this new wave of investment and carve out significant market share.