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Need advice on navigating a tough startup market? Start here

TechCrunch

Consumer fintech trading revenues don’t measure up to SaaS ARR (April 2022). By that we mean that some software companies were valued like SaaS businesses, even though they weren’t. Steve Blank explains the rationale behind why a founder would agree to a cram down — and advice on what they could do instead.

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Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

TechCrunch

Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes to provide a logistics framework that goes beyond food and can be used for any type of on-demand order. Subscription-based pricing is dead: Smart SaaS companies are shifting to usage-based models.

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TechCrunch+ roundup: SaaS success stats, leveraging ad tech chaos, 2022 layoff trends

TechCrunch

According to a report by Capchase comparing more than 400 SaaS startups to unicorns that reached the public markets in the last two years, the top performers “are handily beating the ‘Rule of 40,'” reports Kyle Wiggers. According to its findings, SaaS founders should target at least 80% and aim to surpass 110%.

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TechCrunch+ roundup: 7 VCs who are taking pitches, AI best practices, zero-based budgeting

TechCrunch

If you’re a recently laid-off worker considering striking out on your own , an H-1B employee who’s had it up to here or just looking for tips and advice that can help you connect with early-stage investors, please read and share. There’s plenty of tactical advice here, and much more to come.

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TechCrunch+ roundup: TAM takedown, green card layoffs, when to ignore investor advice

TechCrunch

As Rebecca Szkutak reported this week, SaaS startups that ignored this advice outperformed the ones that followed it. If someone offers you free business advice, it’s probably for their own benefit. In business, if someone’s offering you advice, it’s probably for their own benefit.

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5 things you need to win your first customer

TechCrunch

The ICP is a great framework for figuring out who your target customer is, how big they are, where they operate, and why they exist. Here’s how to get started: Develop an ICP (Ideal Customer Profile) framework. The SWOT framework cannot be overrated. Let’s see how: 1. Craft the ideal customer profile (ICP). Develop the SWOT.

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Luos is building an API to help embedded engineers connect easily to any hardware component

TechCrunch

To get things started, the startup seeded it with some common ones like motors, but an embedded developer can download the open source framework and create one anytime, and then share it with the community.