Sat.Aug 31, 2013 - Fri.Sep 06, 2013

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2013 Pacific Crest SaaS Survey

For Entrepreneurs

'We worked together with Pacific Crest, an investment banking firm with a specific focus on SaaS, to survey 155 SaaS companies on a variety of topics such as growth rates, CAC (cost to acquire a customer), gross margins, churn rates, etc. The goal of the survey is to provide useful operational and financial benchmarking data. […].

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How to Present and Answer Questions in a Team Presentation or VC Pitch

Both Sides of the Table

'I sit through a lot of presentations. These range from companies pitching me to portfolio companies presenting at board meetings. Each of these scenarios has a team presenting. Almost always the CEO plus members of his or her management team including tech, marketing, sales and/or product. Some CEO’s are masters at communicating when team members are present.

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Stop

This is going to be BIG.

'Stop looking at your paycheck as a measure of success. Stop counting followers as a measure of how loved you are. Stop using likes as a measure of the love you give. Stop using investor dollars as the metric of success for your business. Stop using square footage to feel good about where you live. Stop using pounds to measure your health. Stop using sexual partners as the measure for interpersonal relations.

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Not Sharing the Opportunity to Learn is a Cardinal Sin

Tomasz Tunguz

I have never worked for a company that was dogmatic about project postmortems but I have always wished I had. After all, project postmortems teach us so much. Learning from the mistakes and experiences of others constitutes the better part of our business education. It’s why we ask successful entrepreneurs to coffee and hang on every word when they speak at conferences.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Provide for succession well in advance of need.

Berkonomics

'When we are young and early in our business lives, we feel infallible to the degree that we do not think of what might happen if we die while in office or decide to leave the company for any reason. Such thoughts just do not occur to most of us until the business is substantially far enough along in its growth to have multiple layers of management and enough employees and stakeholders that there is a board of directors and calls for key man insurance and succession planning.

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More Trending

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You’re Not Finished Selling Until You Change Your Customers Habits

Tomasz Tunguz

It is easy to think the sales process ends once a customer has signed a contract or downloaded an app or created an account. But it’s a huge mistake. Great products have a point of view on the way things ought to work. GMail chose labels over folders for email categorization. Pandora chose recommendations over libraries for music libraries. Looker chose spreadsheets over an SQL prompts for data exploration.

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How Web Development Techniques Are Infiltrating Mobile Apps

Tomasz Tunguz

Mobile apps are like packaged software, a friend who is a head of product at a successful mobile first company told me over breakfast. On the web, you can launch a product that’s 80% functional to hit a promised launch date. Around 1 am that night, when most users are asleep, you can surreptitiously push an update with bug fixes and new features, reboot the servers, and no one is the wiser. iOS apps don’t work this way.