Blog•Sep 19, 2024
Dear SaaStr: What’s Your Top Advice For All New B2B Founders?
A veteran SaaS VC advises new B2B founders to temper speed with caution, recommending they pause on uncertain big decisions and extend runway budgets by 6‑12 months beyond original forecasts. He stresses the importance of building a aligned founding team before scaling, charging customers from day one, and pricing higher to validate value quickly. The advice also includes hiring top talent even when cash‑tight, firing non‑customer‑centric staff, resolving founder conflicts early, paying oneself promptly, and compensating high‑quality mentors. Together, these points aim to accelerate the path to a sustainable, revenue‑driven business rather than chasing growth for its own sake.
By SaaStr
Blog•Jul 24, 2024
Dear SaaStr: How Do You Draw The Line Between Founder and First Employee?
The piece advises that the line between founder and first employee should be drawn by timing and commitment: founders are present before a name, product, code or funds, take essentially all the risk and work for little to no salary....
By SaaStr