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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

Key steps include application review, risk assessment, credit checks, and compliance verification. This process involves reviewing the businesss structure, financial health, industry type, and compliance with regulations. Learn More What is Merchant Account Underwriting?

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Funding in the Time of Coronavirus with Mark Suster (Video + Transcript)

SaaStr

On March 27th, so about a month later, the US government passed the CARES Act, which probably you know, stands for the Coronavirus Aid Relief and Economic Security Act, which is now at three trillion dollars. I thought it’s also worth giving you some sense of scale for how much the US government takes in in revenue every year.

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How to Maintain Anti-Money Laundering Compliance as a PayFac

Stax

Best practices for ensuring AML compliance as a PayFac include continuously updating your AML policies, utilizing advanced technologies for monitoring, periodic internal reviews and audits, and engaging with AML experts and consultants. Reviewing and continuously updating your AML policies is therefore necessary.

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Changing the Way We Work with Founding Partner Lan Xuezhao at Basis Set Ventures (Video + Transcript)

SaaStr

Today She discusses how everything is changing in the current climate, the rise of war-time founders, having teams work remote, and the supply-chain reimagined. These founders have described their investors as resilient, as ambitious, as modest and diligent. Lan Xuezhao is the Founding Partner at Basis Set Ventures.

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How to Build Effective Sales Compensation Plans for Any Customer Facing Role

Sales Hacker

Once you understand how to create a fair compensation plan for your sales team, you can check out some examples: Sales Development Rep (SDR) Compensation Plan Example. The goal of variable pay is to develop a performance-driven culture in which your sales team is financially accountable for results.

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10 Things That Aren’t Obvious About Partnering With Big Companies – Workday Ventures (Video + Transcript)

SaaStr

So as much you spend time in the diligence process with the big company or the VC trying to figure out how they’re going to help you and how you’re going to pitch to you. When you’re in the getting to know each other and in the diligence process, everybody’s like, “Hey, how accommodating can we be?

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Finance 101 for Early Stage Startup Founders with Debbie Rosler

Mucker Capital

But more often than not, founders don't have that expertise or background in finance AND they are focused on starting a business, developing products, getting out and selling, etc. Startups should begin to develop long-range financial models, understand their unit economics, and prepare for more complex financial planning and analysis.