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5 Top Learnings from Legal SaaS Logikcull’s Almost $300,000,000 Sale to Private Equity

SaaStr

3 Came from the Investment Bank They Hired. In my experience, hiring an investment bank to help you in any acquisition > $100m or so is critical. But Andy got 3 other firm offers through the bank he hired — along with a price more than $10m higher. So the bank more than paid for itself. #3.

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My Top Financial Mistakes as an Entrepreneur. That Cost Me Millions.

SaaStr

Getting complacent when we had a lot of cash in the bank. Everyone stops caring about being efficient, or the incremental dollar, when there is more cash in the bank than anyone expects or needs. This one is more subtle, but almost everyone makes mistakes here. You can be too lean, but also, in some ways too flush with cash.

CTO Hire 274
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What’s Really Working in Embedded Finance: Key Learnings from Adyen’s $100B+ Experience

SaaStr

Here’s what we’re seeing: Over 50% of businesses are struggling with cash flow Nearly 1/3 of businesses get rejected by traditional credit providers Your customers are already asking for this: satisfaction jumps 97% when you offer financial services What’s Actually Working The winning playbook we’re seeing from successful platforms: (..)

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5 Tips to Getting a Job in SaaS in a Tougher Market

SaaStr

Literally as I type this, I bumped into a great founder at $20m ARR at Starbucks growing 100%+ with tens of millions in the bank. Not 20 hours a week from home. If so … Then try harder to find that role. He just raised his first round ever, after bootstrapping all the way to $20m ARR. His #1 issue?

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How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics.

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5 Interesting Learnings from Chime at $2 Billion in ARR

SaaStr

Banking Partnerships Create Scale Without Capital – The Asset-Light Model Chime isn’t a bankit just plays one on your phone. All deposits and card issuance are handled by partner banks like Bancorp and Stride. This partnership approach allowed massive scaling without banking regulatory overhead.

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Approaching Half a Million Customers: How to Win in SMB with BILL CEO and Founder René Lacerte

SaaStr

On the network side, every supplier in your network is there, complete with their bank info. SMBs couldn’t do any work to add their bank accounts, and they had to trust BILL to take their money. That’s the part that becomes a moat competitively. BILL is moving money and doing it well, all while being highly regulated.

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Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems.

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How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics.

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Payment Facilitation: A How-To Guide

This guide includes: Earning Revenue from Payments Bank Sponsorship, Underwriting Risk Requirements In depth Descriptions of Staff Requirements Detailed Timeline Itemized Cost List Case Study And more! Discover what B2B SaaS needs to know to become a Payment Facilitator.

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SaaS Business Fundamentals: How Decline Codes Impact Failed Payment Recovery

The need for continuous optimization Staying up-to-date is critical as banks and card networks frequently change their rules. How basic retries leave money on the table In-house tools often overlook the nuances of decline codes, resulting in avoidable losses.

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Underwriting 101: What is Underwriting and Why is it Important?

Underwriting in the payments industry is the process of assessing and verifying potential customers – including adherence to banking, brand, and governmental rules – to protect consumers from entities that want to engage in fraud or other illegal activities by accepting credit card transactions.

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Your Team's Pragmatic Guide to Security

Speaker: Naresh Soni, CTO, Tsunami XR

By understanding the latest threats and their solutions, you can come out of this crisis stronger than ever--without breaking the bank. As technology leaders, it's time to rethink some of your product security strategy. We are excited to be joined by a CTO who is an expert in pragmatic choices around security.

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Everyone Is Accountable and Responsible for a Great Customer Experience!

Speaker: Bryan Horn, Founder, CS Solutions

If you've ever called a bank, cable company, or organization that thinks it's "too big to fail", you've probably run the customer service gauntlet: you start off with a seemingly simple request, and you call the customer service line. Once the general service rep hands you off, you're transferred to every department known to man.