SaaStr

JULY 28, 2021

I retired from SunGard Treasury Systems as their CTO. In fact, one of our decisions in 2007, we had to decide, are we going to sell SaaS or are we going to be an on?prem It is much more painful to have to fire people and contract as a company than it is to grow. Your big money is going to go into hiring your employees.

Startup 285

Startup CTO Hire Sales Hiring CTO Coach 285

Andreessen Horowitz

DECEMBER 4, 2023

To improve the efficiency of spend on cost of goods sold (COGS), most growth-stage leaders can optimize seat-based spend or renegotiate consumption-based contracts in a quarter or 2. Imagine if, in 2007, Netflix decided to follow the 70–20–10 rule. And finding inefficiencies in overhead (e.g.,

Underperforming Technical Team 120

Underperforming Technical Team Benchmarks CTO Hire New CTO 120

SaaStr

AUGUST 2, 2020

I retired from SunGard Treasury Systems as their CTO. In fact, one of our decisions, in 2007, we had to decide, are we going to sell SaaS or are we going to be an on?prem It is much more painful to have to fire people and contract as a company than it is to grow. I really try to never lose a game of chicken.

Startup 166

Startup CTO Hire Scale CTO Coach 166

SaaStr

SEPTEMBER 18, 2020

Immediately told them to hire 50 reps in a different city, in a different city, and they did. The CEO was deferential because that was 10 times what he’d ever raised before, and did all of it. Jason Lemkin: 50 reps in a new city that you’ve never met, and hired in 60 days when you’re in the low millions ARR.

Sales Hiring 240

Sales Hiring CTO Hire Scale Investment 240

BetterCloud

AUGUST 6, 2021

I also knew that it wouldn’t be something that I’d get bored with over time. So, 2006 or 2007. ” At that time, I said, “You know what, I think I really want to become a CIO or CTO.” I really learned from the managers who came before me, including the person who hired me.

Technology 98

Technology CTO Coach CTO Hire New CTO 98

Sales Hacker

JANUARY 21, 2020

He then founded Tellme Networks, sold that in 2007 for $900 million to Microsoft. We were part of the office of the CTO. At that time, Marc Andreessen, the founder was the CTO of the company and there were only three of us in the group. It was acquired by Microsoft in 2007 for about 900 million.

Payment Methods 57

Payment Methods Scale SMB CTO Coach 57

Andreessen Horowitz

NOVEMBER 28, 2023

We sold that at the end of 2007 and I stayed on with MoneyGram International who acquired the company until the end of 2009. It was just being in, I think it was in Copenhagen at the time as where the Money20/20 first started. It was talking to their CTO and team at the time. And they were seeing lots of fraud.

Merchant Services 81

Merchant Services Payment Methods Payments Payment Solutions 81