SaaStr

AUGUST 8, 2023

The role of finance in SaaS is changing. No longer are finance teams the traditional “bean counters” of ages past. IVP Partner Michael Miao explains, “The role and the scope of the modern finance team has changed dramatically in the last decade. SaaStr Workshop Wednesdays are LIVE every Wednesday. Sign up for free.

Scale 239

Scale Finance Outsourcing Services Sales Recruiting 239

SaaStr

NOVEMBER 28, 2024

It’s just hard to get most vertical SaaS start-ups to scale if they can’t get to a $10k ACV. The good news is, you can support these price points effectively with a very efficient inbound sales team, and/or a mix of self-serve and sales-led. To me, $10k is the firewall. Then market size starts to be super important.

Payment Solutions 265

Payment Solutions Inbound Sales Team Marketing Scale 265

SaaStr

AUGUST 5, 2024

When you find the answer to these questions, you can expand an existing customer base and create cool data-driven case studies to help your sales team bring in net business. 1: Build a Value Narrative Value narratives have been around for some time in pre-sales motions. Often, that doesn’t feed through to post-sales.

Scale 290

Scale Customer Success Scaling Revenue 290

SaaStr

JUNE 27, 2024

What does it take to scale a team from 2 to more than 1,100 people in just a few short years? When Remote had 120 people two weeks into 2021, they planned to scale to 600 that year. Over time, you establish product-market fit and determine how to sell at scale. So that support person, Mafalda, started doing sales, too.

Scale 264

Scale Sales Hiring Scaling Sales Recruiting 264

SaaStr

DECEMBER 6, 2022

When scaling a SaaS company, striking a balance between hypergrowth and risk is essential. Brex is a company that provides credit cards for startups, and Alloy provides financing for small businesses. Brex is a company that provides credit cards for startups, and Alloy provides financing for small businesses.

Scale 279

Scale Scaling compliance Forecasting 279

SaaStr

JUNE 13, 2021

It’s been great to have the CEOs of Qualtrics join us multiple times over the years, as it scaled from a late-stage startup to IPO to $8B+ acquisition. Fast forward to today, and Qualtrics is now worth $20B and CEO Zig Serafin joined us to share his lessons in scaling with Julia Laroche, Correspondent at Yahoo Finance.

Scale 253

Scale Scaling Business Model Company Culture 253

SaaStr

JULY 29, 2022

Jason recently opened up an AMA on Twitter Spaces to answer questions about how to scale faster. And I’ve watched them fairly quickly scale, to soon they’ll be at 10 million in revenue. As they scaled, they radically changed how they did sales. Jason Lemkin: Okay. Let’s get it going. Times are good.

Scale 278

Scale Scaling Sales Hiring Enterprise 278

SaaStr

JULY 20, 2022

generate momentum, they will inevitably need to scale up. For whatever reason, the company is ready to exit startup status and prepare to scale-up. Dave Kellogg, Executive-In-Residence at Balderton Capital, breaks down the most common mistakes companies make when going from startup to scale-up. Be realistic in self-assessment.

Scale 261

Scale Technical Advisors Sales Hiring Technical Review 261

SaaStr

DECEMBER 16, 2022

How do you enter a highly competitive marketplace, carve a niche for yourself, and then scale the business to $100 million+ ARR? Sam Blond, Partner at Founders Fund, joined Matt Plank, VP of Sales at Rippling, to unlock the secrets to exponential revenue growth. Leveraging other initiatives and channels beyond outbound.

Outsourcing Services 288

Outsourcing Services Scale Sales Hiring Outsourced Development 288

SaaStr

FEBRUARY 10, 2022

Q: Dear SaaStr: Should We Pay Our Sales Reps on Renewals? But very few SaaS companies pay sales reps on renewals as they scale. You want each rep only selling into the segments they are best at — so you segment your team into Small, Medium and Field/Large prospects. More leads close, faster. Not renewing.

Scale 290

Scale Sales Finance Customer Success 290

SaaStr

FEBRUARY 1, 2024

As companies scale, they evolve, so how should marketing evolve accordingly to add maximum value? PST, Kady shares the ten things that change in marketing as you scale. PST, Kady shares the ten things that change in marketing as you scale. The reality is that a lot of things change as we scale. The answer isn’t simple.

Scale 281

Scale Scaling Sales Hiring Marketing 281

SaaStr

MARCH 31, 2022

This episode is an excerpt from a session at SaaStr Scale. 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. Jabari Norton, VP WW Partner and Alliances, Sumo Logic.

Scale 263

Scale Marketplace as a Service Cloud SaaS Payments 263

SaaStr

SEPTEMBER 15, 2020

And, when you do, do you even think about sale tax compliance? vary on how they handle sales tax and SaaS. It can be confusing to understand how and where you should charge sales tax. Let’s explore a few more ways in which sales tax compliance could impact your growing business. Here’s why you should. .

Payment Services 335

Payment Services compliance SaaS Payments Scale 335

SaaStr

FEBRUARY 4, 2020

So a playbook on scaling high performance organizations in 30 bit minutes. So big, big scale. I think over 25 years of working and leading teams and being on some that are high-performing and some that outright failed. I need the best engineer, I need the best salesperson, I need the best finance person. No big deal.

Scale 255

Scale Underperforming Technical Team Scaling Leadership 255

SaaStr

MARCH 19, 2021

We created a product that was simple to use for entrepreneurs who were juggling a thousand different priorities and didn’t have (and didn’t want) an expertise in regulation, compliance or sales tax. But when we started looking upmarket we knew we had a lot to learn about businesses of this size and the people who lead them.

Scale 291

Scale Business Finance compliance 291

Intercom, Inc.

JULY 11, 2019

If you’re a leader, he says, don’t try to scale your job. Since 2010, he’s helped the company grow to more than 40,000 customers and helped scale the support team to more than 500 employees to assist those users. Here are five quick takeaways: Most sales and support teams talk about their jobs as a funnel. Short on time?

Scale 188

Scale Scaling Sales Hiring Underperforming Technical Team 188

SaaStr

NOVEMBER 24, 2021

The SaaS sales model seems so well-established, as hundreds of founders build their businesses and raise funding. Mark Roberge, Founder of Stage 2 Capital and Senior Lecturer at Harvard Business School, shares insights from his years of experience into common SaaS sales missteps and how you can avoid them.

Sales Hiring 260

Sales Hiring Scale Compensation Sales 260

Tom Tunguz

NOVEMBER 6, 2021

All of the sales and marketing dollars invested to obtain persuade the buyer to put digital ink to pdf have been recouped immediately. Contract As don’t require burning equity dollars to hire more AEs; the company reinvests customer revenue dollars to scale. Let’s take this idea time scale further out: multi-year deals.

Sales Hiring 352

Sales Hiring Scale Payments Payment Solutions 352

SaaStr

SEPTEMBER 16, 2024

Selling to CFOs and finance. On the other hand, if I were selling sales and marketing tools, I’d be all over social media, especially LinkedIn. He didn’t see the value until he had to recruit at scale. Onestream is the latest SaaS IPO. Bootstrapped to $100m ARR. The CEO has never posted on LinkedIn. appeared first on SaaStr.

Social Media 306

Social Media Sales Recruiting Scale Finance 306

SaaStr

NOVEMBER 18, 2021

He shared 4 examples: Frank Slootman (Chairman & CEO of Snowflake , previously Chairman & CEO of ServiceNow ): dealing with reality and his intellectual honesty, which leads to addressing company issues as they appear. While quiet in meetings, his careful listening leads to very accurate decisions.

Scale 336

Scale Company Culture Interviewing Finance 336

Sales Hacker

JULY 8, 2024

David Greenberger leads CHEQ’s North America sales team. CHEQ is a cybersecurity platform primarily focused on protecting the Go-to-Market organization (preventing fake leads to sales team, skewed analytics from bots/malicious users etc). Navigating the transition from startups to large enterprises in sales roles.

Scale 127

Scale Sales Hiring Scaling Cybersecurity 127

SaaStr

NOVEMBER 4, 2022

Whether raising your next round or aiming for an exit as your next financing event, plan your revenue ahead with realistic multiples and build an efficient business. Burn management is essentially solving for the next financing event for your company. Instead, when scaling, look at CAC payback.

Scale 49

Scale Growth Hacking Systems Review Finance 49

Andreessen Horowitz

OCTOBER 18, 2023

It’s also important to recognize that although much of this post focuses on large-scale nuclear fission reactors—because that’s what have been delivering civilian power for the past several decades—smaller, more modular reactors will likely play a major role going forward, perhaps as a means to address more local, and even hyper-local, energy needs.

Scale 28

Scale Scaling VP of Engineering Construction 28

SaaStr

JANUARY 29, 2021

Because SaaS requires so many functions beyond engineering, especially if it’s sales-driven … outbound, SDRs, inbound, field sales, marketing, customer success, support, more complex product management, etc. What will it look like, if it’s a sales-driven model? Talkdesk inside sales team at $10m ARR.

Sales Hiring 350

Sales Hiring Headcount Scale Engineering 350

SaaStr

JANUARY 13, 2023

They usually come in and handle compliance and oversight for an existing finance team that perhaps lacks the seasoned experience to handle models, venture capital and debt, prepare for an audit, etc. We have a Fractional CFO for our tiny team at SaaStr, he reviews the finances and corporate actions of the team that does … the actual work.

Sales Hiring 329

Sales Hiring Venture Capital Scale Finance 329

Tom Tunguz

JANUARY 18, 2023

There are three paths I’ve seen to achieve this scale: The dominant path of the last ten years: focus on a single product until the company is roughly at $100m in ARR, then build adjacent products. Prospects buy software for a report: the better the insight, the more valuable the software.

Startup 314

Startup Strategy Scale Cloud 314

USIO

FEBRUARY 14, 2025

Digital disbursements offer features like same-day or next-day payment options, allowing vendors to manage their finances more effectively. Tailoring payments to vendor preferences demonstrates attentiveness and can lead to stronger, more collaborative relationships.

Payment Services 130

Payment Services Payment Solutions Payment Methods Payments 130

SaaStr

MARCH 26, 2019

Scaling the company’s employee base, sales teams, marketing, and operations—all while preserving its culture—has required a laser focus on first principles, smart processes, and effective hiring. In this talk, Claire will share these and other lessons for scaling high-growth organizations. Manual processes first. Names stick.

Scale 163

Scale Payment Services Payment Methods Scaling 163

SaaStr

MARCH 20, 2024

They discuss Sam’s learnings at Founders Fund, what the 2024 playbook looks like, hiring and motivating sales teams, and a handful of audience questions. On the sales side, people hired way too much. More salespeople do not equal more sales. Sam just finished 18 months at Founders Fund after joining in mid-to-late 2022.

Sales Hiring 307

Sales Hiring Sales Recruiting Scale Headcount 307

Sales Hacker

MARCH 4, 2025

As a key GTMfund partner, they equip sales and marketing teams with top performers. If you’re hiring for sales or marketing roles, reach out to Pursuit at pursuitsalessolutions.com/gtm or message a GTMfund team member. But it is, there’s so many other issues like data warehousing, operations, legal, finance.

Scale 77

Scale Scaling Sales Hiring Technical Review 77

SaaStr

JUNE 18, 2021

We talked about a lot of things from scaling, to IPOs, to the journey, and more. This is from folks worth so much on an absolute scale it’s hard to imagine perhaps why Dilution would be top of mind. The next dilution you hopefully won’t lament, but may, is Equity Financing (i.e., They talked a lot about dilution.

Sales Hiring 334

Sales Hiring Scale Venture Capital Finance 334

SaaStr

APRIL 14, 2022

I think at a minimum you should have a real experienced finance lead at $2m ARR, a real VP Finance once you raise $20m, and a CFO once you are at $20m+ ARR. Most startups just wait way too long to get finance right: They wait too long to get collections right, and have to write off a lot of bookings. But that’s OK.

Scale 276

Scale Finance Churn Startup 276

SaaStr

JUNE 19, 2024

They’ll discuss behind the scenes building GenAI, along with firsthand advice they wish they knew incorporating AI at scale.” How Sales & CS 4x-ed Glean’s ARR and Top Tips for GTM Cross-Collaboration Strategies with Glean’s VP of Sales and Head of CS. ” #2. ” #6. Should be a fun one! #10.

AI Search 306

AI Search Scale AI Generative AI 306

SaaStr

NOVEMBER 26, 2019

Hear from Duo Security’s VP of Inside Sales America on how to build a $2.3B sales team. Jennifer Lawrence | VP, Inside Sales @ Duo Security. Today I’m going to start by telling you a little bit about me, a little bit about Duo, and then the secrets to building a killer inside sales org. FULL TRANSCRIPT BELOW.

Scale 296

Scale Sales Hiring Underperforming Technical Team Sales 296

Payrix

JANUARY 28, 2025

With decades of experience in payments, Matt provided invaluable insights on emerging trends, regulatory changes, and the future of Embedded Finance. Technological evolution : The foundations laid in recent years are expected to yield transformative advancements in Embedded Finance and platform regulation. Matt Downs Yeah.

Payments 130

Payments Payment Solutions Merchant Services Payment Methods 130

SaaStr

JUNE 28, 2021

This usually doesn’t happen in the very early days, when you just have a few employees and almost no real marketing or sales expense. It’s just, to invest in sales and marketing now, and make those extra hires, the burn rate is growing even faster at 12% a month after $100k MRR. Renewals take a few years to kick in.

Sales Hiring 332

Sales Hiring Scale Payment Features Finance 332

SaaStr

AUGUST 5, 2021

Sudheesh Nair, CEO @ ThoughtSpot is not one to tell you what to do when it comes to sales, but that doesn’t mean he doesn’t know what to do with his product. Sudheesh suggests there are a few personas involved in the sales process, and they benefit from your service in different ways that should inform your sales strategy. . .

Scale 265

Scale Enterprise Finance Travel 265