Dear SaaStr: What Types of Due Diligence Do VCs Do For Seed and Series A Rounds?
Dear SaaStr: What methods do VCs use for performing due diligence when they are interested in a Seed or Series A deal? "The best diligence question I ever got from a VC: What am I going to learn at the first board meeting that I don't know today?"...
Dear SaaStr: What Are The Best Strategies for Raising Capital if Your Goal is To Get Acquired?
Dear SaaStr: What Are The Best Strategies for Raising Capital if Your Goal is To Get Acquired? Well, first, let’s be clear — it’s tough if your core goal is to get acquired for a big price in most cases. There really aren’t that many good...
When You Raise Venture Capital, A Clock Starts Ticking. At First, Softly. Then Louder and Louder.
When you raise venture capital, a clock starts to tick, at first softly, and then more loudly It’s a race to in the next 18 months, max, at least double your valuation It’s a higher hurdle, and shorter timeline, than most intuitively realize — Jason ✨👾SaaStr...
Dear SaaStr: Is it Wisest to Approach One Investor at a Time?
Dear SaaStr: Is it Wisest to Approach One Investor at a Time? No. First, it takes too long. If a VC doesn’t know you, and you aren’t a “super hot” start-up, even if you do get a term sheet — it may take months. Yes, term sheets get done in one day. I haven’t done...
Dear SaaStr: What Were The Top Pieces of Advice You’re Glad You Ignored?
Dear SaaStr: What Were The Top Pieces of Advice You’re Glad You Ignored? #1: “Don’t do any VC investments your first year. Take your time” Sound advice. But would have missed 4 unicorns if I had. I would have missed leading seed investments...
Dear SaaStr: What Are Some Ways to Keep Investors From Firing You?
Dear SaaStr: What Are Some Ways to Keep Investors From Firing You? Founders tend to worry a bit too much about getting fired — and not enough about transparency. Yes, it does happen. And sometimes, it’s very dramatic, see e.g., Travis Kalanik at Uber. But 99%+...
Dear SaaStr: How Do I Deal With Investors That are Unhappy With The Company?
Dear SaaStr: How Do I Deal With Investors That are Unhappy With The Company? Be transparent. And show them an honest, data-driven path to a better future. First, investors get most upset when founders hide things. And founders tend to hide things more when times are...How to Think About Product-Led Growth, Bootstrapping vs VC, and Early Exits with SaaStr CEO and Founder Jason Lemkin
Jason Lemkin, SaaStr CEO and Founder took questions from founders on everything from product-led growth to knowing when to sell your company.
4 Truly Great SaaS IPOs Since 2021! But Not Always a Great Win for Their Late Stage Investors
So SaaS is back. Top SaaS stocks are on fire the past few months, and the SaaS downturn in B2B2B appears to be behind us. And as stock prices rip higher, growth VC floods back in. It’s natural. But how aggressive will late stage investors be? In AI,...
Dear SaaStr: If a VC Backs Out of a Signed Term Sheet, Should the Entrepreneur Spread the Word?
Dear SaaStr: If a VC Backs Out of a Signed Term Sheet, Should the Entrepreneur Spread the Word? No. First, there’s a good chance it’s at least 1% your fault. Rarely in an auto accident is one party truly 100% at fault. Are you sure you didn’t hide something, even...
Pitchbook: 30 VC Firms Raised 75% of All the VC Capital in 2024
So I don’t think founders need to understand everything about how VC works, but is is helpful to understand the key drivers and metrics, And this one is interesting. Per Pitchbook, the “top” 30 VC funds raised 75% of all the VC capital raised this...From Outbound to Channel Partnerships: Your Burning Sales Questions Answered by SaaStr CEO and Founder Jason Lemkin
SaaStr Founder and CEO Jason Lemkin shares what it takes to be a successful SaaS startup in today’s economy, the SaaS trends of 2023, and more.
Dear SaaStr: Can an Entrepreneur Back Out of a Signed Term Sheet Without Damaging Their Reputation?
Dear SaaStr: Can an entrepreneur back out of a signed term sheet without damaging their reputation? In my experience — Yes, probably. As a founder, you can back out of a term sheet if something is off, or even if you just get another offer you prefer. There is a lot...
