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The $10M to $1B Vertical SaaS Playbook: Key Lessons from Procore’s Chief Product Officer Wyatt Jenkins

SaaStr

Under his product leadership, Procore has grown exponentially, went public in 2021, and recently crossed the coveted $1B ARR milestone. Global Expansion : Industry-specific solutions often travel well internationally, creating natural growth paths.

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My Company’s Revenue Dropped to $0 — and We Thrived with TripActions CEO Ariel Cohen (Video)

SaaStr

It’s normal for people to seek inspiration and leadership during times of uncertainty. Liquid is a travel and expense management tool that has accelerated market penetration. Released pre-pandemic, TripActions was able to adapt it to keep up with the evolving travel regulations during the lockdown. Develop a well-defined vision.

Travel 273
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10 Tips to Avoid SaaS Burnout

SaaStr

Fly Business Class, Stay in Decent Hotels (Once We Travel Again, and Once You Can Afford It). But travel takes its toll. Making travel less literally painful is a high ROI investment, at least after you are at scale and have a few bucks in the bank. Find someone that can own 20%–40% of the company’s operations.

Travel 363
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How You and Team May Feel Around May 15 or So

SaaStr

If you are one of the SaaS companies that is in one of the hardest-hit categories (travel, events, housing, etc.) And that’s leadership. I’ve seen incredible leadership across almost every CEO I work with closely. Leadership Rapidly Evolves and Changes. you’ve already been through gut-wrenching change.

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Don’t Forget to Pay People Right – Or at Least as Much as You Can

SaaStr

P.S. If you want to read one of the most interesting leadership bios, check out Phil Jackson’s bio on Wikipedia. The best staff in the world, no matter what it took to get them, and no matter how crazy some might sound (e.g., Scottie Pippin)? Maybe even to be cut some slack (e.g., you only have $500k in seed funding).

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How Would a Person Start a Venture Capital Fund?

SaaStr

That’s not chump change, but it’s not as much as you think including rent, travel, expenses. The rest will go to office, admin, travel and associates and non-partners. . 500k a year in travel and expenses, marketing (if any), “IT”, etc. So in a $180m fund, the LPs “pay” the firm $3.6m a year to run it. . It’s not all salaries.

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10 Tips to Avoid Burnout as a Founder

SaaStr

But travel takes its toll. Making travel less literally painful is a high ROI investment, at least after you are at scale and have a few bucks in the bank. Find someone that can own 20%–40% of the company’s operations. Fly Business Class, Stay in Decent Hotels (Once You Can). I know we all don’t want to do this. That doesn’t help.

Travel 310