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Some Advice Before You Hit the Fund Raising Trail

Both Sides of the Table

Let’s say you have built a SaaS company where a large part of the early revenue comes from a few big customers or a large part of the revenue is services based vs. software based. the most counter-intuitive fund-raising advice you’ll get 8. Let me give you an example. Just send me your dog damn deck 7. Why “no” is ok in fund raising 9.

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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

I had an enjoyable conversation this morning with a young team straight out of college this morning and they were calling to ask advice on how to approach fund raising (angels vs. VCs, how to select a VC, etc.) Traditional software vs. SaaS. Startup Advice VC Industry' Deals done in your industry? Think of web vs. mobile.

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Who Should you Hire at a Startup?

Both Sides of the Table

This is part of my ongoing posts on Startup Advice. My advice: don’t. This was a reasonable achievement when you consider that it was 2001-02, one of the worst years to be selling enterprise software and we were selling it SaaS style, which was still evangelical back then. I’m not one of those. Your solution?

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SaaS leaders: Use customer insights to accelerate growth during a downturn

TechCrunch

Many startups are feeling the pressure in today’s uncertain economic climate, but for SaaS companies, the next 12 months could present major opportunities for growth: 70% of small and mid-size businesses (SMBs) globally are reporting higher investments in technology this year, according to Gartner Digital Markets.

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Finding an Investor Who is in Love with You

Both Sides of the Table

I follow Jason Lemkin closely (he’s a long-time friend) and he speaks frequently and passionately about SaaS businesses having built a successful one himself. Startup Advice' If I were an entrepreneur in that space I think I would seek them out as a starting point because their interest seems authentic.

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Stop guessing your KPIs; Varos shows e-commerce, SaaS companies how you compare to peers

TechCrunch

He says this type of data collaboration is being done in other industries, including farming, travel and late-stage investing, where valuation is based on competitive data, but is relatively new for the e-commerce and SaaS spaces. After talking to marketing leaders for a year, here’s my advice for CEOs.

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How to Rock a Short "Office Hours" Meeting

This is going to be BIG.

We’re an enterprise SaaS company solving X problem using Y solution. If the person says no, you could ask them for suggestions on who you should talk to, or ask them their best piece of fundraising advice, or frankly, just give them their time back. Describe the nature of your company in terms of stage, sector, etc.

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