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Six tips for SaaS founders who don’t want VC money

TechCrunch

Bootstrapping a SaaS company is not only possible – I believe it’s a saner, more sustainable way to build and scale a business. If you’re a SaaS founder who’s wary of VC funding, here are my best bootstrapping tips. Working inside another organization can build your skills, your network, and even inspire great product ideas.

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Sustainability data platform Worldfavor fuels up for ecosystem opportunities

TechCrunch

More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.

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With Benioff backing, Sustainable Ocean Alliance aims to be the rising tide that lifts all ‘ecopreneurs’

TechCrunch

For a few years now the Sustainable Ocean Alliance has been a stalwart advocate for the “blue economy,” and an incubator for ocean-focused early stage startups. “We see startups leapfrogging across multiple accelerator programs to try and access new networks and funding. . ” he wrote in an email to TechCrunch.

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Entrepreneurship Is All About Taking Smart Risks

Gust

But if you want growth and sustainability, you need to create smart risks, which means intentionally taking a risk to grow your business or gain competitive advantage. Software as a service (SaaS) has now pretty much replaced the old licensing model, but offering it was a strategic risk for SalesForce.com. Take the strategic risk.

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6 investors and founders spotlight SaaS, B2B and medtech as Wroclaw’s hot startup sectors

TechCrunch

In short, the city appears to be strong in areas such as B2B, SaaS, marketplace, B2C, gaming and medtech. We are excited by environmental and sustainability sector, which we invest in. Most of our VCs, in my opinion, are focused on B2B, SaaS or marketplace-like startups. SaaS, remote work. SaaS and health.

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What am I Thankful for This Year?

Both Sides of the Table

In the market we’ve seen the massive uptick of SaaS valuations in the public markets and commensurate attention on private market fundings and valuations. Meanwhile while social networking was white hot 3 years ago it is now persona non grata unless your user numbers are insane. eCommerce was battered this year.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? 40% of our deals are done in Los Angeles but 100% of our deals leverage the LA networks we have built for 25 years. We also focus heavily on geographies.

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