article thumbnail

Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. Until we weren’t. Nobody cared about our valuations any more.

article thumbnail

Do Less. More.

Both Sides of the Table

I really don’t understand why so many first-time entrepreneurs are becoming “mentors” or “advisors” to other startups when that is a distraction to your own success. They’re doing how much in SaaS revenue? My general advice is to do less. Easier said than done. You own how much?”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Interview with Mark Suster, GRP Partners

socalTECH

Mark has also been quite active mentoring entrepreneurs, We caught up with Mark to hear about what kinds of investments GRP is looking at nowadays, his view on the software-as-a-service market, and how best to approach him with a pitch. An A-round investment in the late 90's, or even in 2005/2006, or 2007, was a $5-8M check.

article thumbnail

Startup CTO or Developer

SoCal CTO

In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. What’s our purchase, licensing, SaaS strategy? I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. Where and how will we host the systems?

article thumbnail

One Weird Trick to Build a Personal Brand

Both Sides of the Table

My long-time friend Jason Lemkin is on the verge of launching a spectacular SaaS conference called SaaStr this week. I had been doing SaaS for 7 years. If you’re reading this you’ll now likely know that I became a VC in 2007 with what is now called Upfront Ventures. We attended Saleforce.com parties. Nobody knew us.

SaaS 150