The Latest from SaaStr: Cloud Stocks May Be Down. But the Cloud Remains on Fire
Cloud Stocks May Be Down. But the Cloud Remains on Fire. That Matters More.
By Jason Lemkin · Monday, May 16, 2022 | Growth
So there’s much angst and even panic with so many SaaS and Cloud public stocks down 50% or more from their peaks. And it is stressful, especially if you invested at those peaks or as founders raised money at relatively high valuations and multiples.
And there’s more than that. Inflation is at a local maximum, and interest rates look to be on their way to the highest rates in more than a decade.
And yet … we have to keep our eyes on the prize.
Read the full article: Cloud Stocks May Be Down. But the Cloud Remains on Fire. That Matters More.
Lessons Learned from Salesforce: Top 4 Mistakes Founders Make with Jonathan Weston, Partner Platform @ Salesforce and Vasu Prathipati, CEO & Founder @ MaestroQA (Video)
By Amanda Beaty · Monday, May 16, 2022 | Leadership, Marketing
Founders pour their hearts and souls into their brands — and, for the most part, they do so gladly. But how much of their blood, sweat, and tears never actually had to be shed in the first place?
Vasu Prathipati, CEO and Co-Founder of MaestroQA, has witnessed first-hand the pitfalls into which enthusiastic founders often fall. In fact, he can point to four classic mistakes that he has witnessed and has even been an active participant in.
With over four million new “Salesforce economy” jobs expected by 2024, knowing how to anticipate and avoid these obstacles could make all the difference in a product’s success.
Read the full article: Lessons Learned from Salesforce: Top 4 Mistakes Founders Make with Jonathan Weston, Partner Platform @ Salesforce and Vasu Prathipati, CEO & Founder @ MaestroQA (Video)
The Countdown is on - SaaStr Europa is just a couple weeks away
By Amelia Ibarra · Monday, May 16, 2022 | Events
Our biggest and best SaaStr Europa is almost here.
On June 7-8, SaaStr Europa is back! And we're bringing the best in SaaS to Barcelona. Join 2,500 fellow SaaS leaders, CEOs and VCs.
Sign up now for instant access to book your agenda, networking, meet a VC and more.
If Your Numbers Are Good — Now Might Be a Great Time to Raise a Little Extra Capital From Your Existing Investors
By Jason Lemkin · Sunday, May 15, 2022 | Fundraising
There’s a lot of panic from VCs now. The markets, at least for now, for SaaS and Cloud stocks have fallen dramatically from their post-Covid peaks. Many aggressive late stage funds like Tiger and Softbank are, for now at least, sitting on massive losses. And no one knows when revenue multiples, now at multi-year lows, will rebound — if at all.
So fundraising is harder now. It has to be.
But there's a group of you who will be very attractive investments to their existing investors — especially if you keep it simple, and just raise a little more capital at the last round price.
Read the full article: If Your Numbers Are Good — Now Might Be a Great Time to Raise a Little Extra Capital From Your Existing Investors