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5 Interesting Learnings from Squarespace at $700,000,000 in ARR

SaaStr

Perhaps the most interesting thing is just how similar both these website-builder-plus-ecommerce companies are. It’s growing at the same rate (~30%), booming from ecommerce (+78% for Squarespace, +60% for Wix). Monetizing ecommerce via subscriptions, but not payment processing. 85% NRR.

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10 Tips to Help Manage the Burn

SaaStr

But public stock prices are way down, and venture capital is much tighter than it was just a few months ago. No matter what the contract says, get the renewal invoice out at least 60 days prior to expiration and ask for payment no later than the contract end date. This is more capital efficient for you, too.

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The Startup Funding & Financing Guide

Baremetrics

million – about half of all the cash they had on hand – to buy out their main venture capital investors after eight years since founding. Taking pre-orders from customers , encouraging annual subscriptions , and even offering lifetime deals are just a few ways to make it work as a bootstrapping purist. Buffer spent $3.3

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What is Equity Financing?

Baremetrics

Equity financing is a method of capital raising via the selling of stock. They may need cash to meet immediate financial obligations or have a longer-term objective and require capital to invest in their development. Sign up for the Baremetrics free trial , and start monitoring your subscription revenue accurately and easily.

Finance 98
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Why We Created a Slack Community for SaaS and Software Professionals

FastSpring

In our first post about our online community , we mentioned launching the Global SaaS Leaders Slack group because we saw a need for the kind of software-and-SaaS-focused community we’d want to be a part of. Less focus on venture capital or funding rounds. Less focus on venture capital or funding rounds.

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Are You Counting Payments as Renewals?

Kellblog

Enterprise SaaS has drifted to a model where many, if not most, companies do multi-year contracts on annual payment terms. Most SaaS vendors will jump at the opportunity to lock in a longer subscription term. But these multi-year deals are almost always done on annual payment terms. How did we get here?

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What Bootstrapped Companies Do Better than VC-Backed Ones with Paddle Chief Strategy Officer Patrick Campbell and Senior Product Manager Allissa Chan (Video)

SaaStr

However, when users choose longer-term subscriptions, there’s more convenience to be enjoyed—highlight that. Venture capital-backed companies update their pricing once every 2.8 Adjusting your payment methods and currencies will bring you some gains. Lever #3: Cancellation flow. Lever #5: Monetization.

Payments 130