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Is Going for Rapid Growth Always Good? Aren’t Startups So Much More?

Both Sides of the Table

LPs (the people who invest in VC funds) want to know what “hot” deals you’re in. In a pool of 25-30 investments in a VC fund the goal is to have 2-3 huge outliers. Our partners have invested in more than dozen companies that became worth more than a billion dollars and that has disproportionately drive returns.

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How Do You Know if You Have the Right CEO to Run Your Business Until the End?

Both Sides of the Table

We grew 100% in SaaS revenue year-over-year and 650% over the past three years. If that’s your end goal I couldn’t think of a better leader to take us to that conclusion and I think it could be in the next few years because SaaS companies capable of doing 9 figures of recurring revenue are few and far between.

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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. We invested in Overture, which was sold for $1.2

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Congrats To All The Winners and Thanks To Our Speakers at #REACHNeXT!

Tech Zulu Event

Storygami is a SaaS tool that allows content creators and brands add overlays such as relevant context, social streams and call to action buttons to videos. Started at Oracle as one of its first employees. Early 30s: Got really serious about her career and started her company LaunchBit, an adtech platform for SaaS marketers.

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What Makes a Great Independent Board Member?

Both Sides of the Table

I had the former head of Oracle, UK, Philip Crawford , on my first board and I found his advice and experience invaluable. The way that I like to structure this is that for every dollar they write they get a free “penny warrant” for the same amount, so essentially when they invest they pay 50% less than anybody else at that stage has paid.

Startup 187
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An Inside Scoop on the Funding Environment and What it Might Mean for You

Both Sides of the Table

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x So we brought in experience hand Mark Woodward who had taken 2 companies public and had a storied sales leadership turned CEO career where he learned in academy-rich Oracle. 2015 turned to 2016.

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Who Should you Hire at a Startup?

Both Sides of the Table

Please don’t also confuse this with whether a VC should invest in a CEO who’s done it before – that’s a given. Shouldn’t you just hire the most senior guy you can out of Oracle, Salesforce.com, Microsoft, EA or whatever your relevant industry is? SaaS was hot so I was able to land a very impressive guy.

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