📢 What separates category leaders from the rest in vertical SaaS?
Our founder, @davelyuan, recently joined @GregHead on the Practical Founders podcast to discuss the frameworks that help vertical SaaS companies win and scale––starting with control points.
Why do control points matter? The control point is the last tool to be thrown out before an owner ceases operations, and more importantly, owning the control point gives you the unfair right to offer most products a merchant needs. When you own the control point, you become the multi-product platform for your vertical.
Listen to the full conversation here: https://t.co/SrXqqJsWye
A new wave of AI-powered features and products is bringing back the word “magical” to SaaS software, not just in the marketing hype. This has happened with every new wave of tech since the beginning of PCs and Macs.
Magical thinking about spending big to hire senior executives quickly is one of the main reasons SaaS founders raise large VC funding (and spend it on executive recruiters).
But the "Hire Fast to Grow Big" approach usually doesn't work, so it creates more VC-funded SaaS companies that stall out and get stuck.
It’s not common for VC-funded software companies to acquire companies for partial cash plus equity, but it happens. VC-funded companies are much riskier than bootstrapped ones.
SaaS founder interview with Ian Manners of Vivor. https://t.co/ZWCRMVbwAA
Today in Austin, Texas, our incredible co-founder & Chief Brand Officer, Rebecca Shostak, spoke at @SaaStock alongside @GregHead from Practical Founders about Flodesk's journey from launch to bootstrapping a startup to $23M in annual recurring revenue.
During their fireside chat, Rebecca shared insights into her design philosophy and highlighted our deep-rooted commitment to empowering creators and small business owners. We're so proud.
#Flodesk #SaasStock #StartupJourney
@Evernote is turning into the Windows 10 of note taking apps. It's killing me with constant updates. message boxes, multicolored buttons, and everything is visible. Too busy!
How do I remove all the UI overhead for tasks and events that I will never use? Please.
Remember Notes?
Serious SaaS founders have learned that pursuing big VC funding too early decreases their odds of success.
The longer you can go without raising outside funding, the better your odds of success as a SaaS founder.
Thanks, @finnthormeier, for the clip from your pod!
Turns out, the best therapist for startup struggles is another founder who gets it!
Tune in as @mattwatsonkc and @GregHead weigh in on the importance of in-person events for building strong relationships and solving real problems. https://t.co/gcwWtbMTcr
"The more money you raise and the bigger your investors,
the lower your odds of succeeding."
@GregHead
Great e-Book from Greg on how to "Win the Startup Game Without VC Funding" (and, ideally bootstrapping)
You can download it here https://t.co/MbqjaXbsPH
Rand Fishkin, @randfish, on the Practical Founders Podcast, talks about his experience growing two SaaS companies—his first with VC funding and then @sparktoro without VCs.
https://t.co/3H1b9wT7t6
#practicalfounders
Yup. That’s my story. One VC told me I was “stupid” and that I would “ruin my career” pursuing innovation Games/Conteneo. @GregHead has a brilliant podcast series that focuses on practical founders - and our bank accounts are often much bigger than VC-backed founders when all is said and exited.
I just canceled my subscription to the @WSJ after being a paid subscriber for over 20 years.
The new WSJ apps completely ruined the reading experience on both iPad and iPhone. Now it's just painful to use. WTF WSJ?
They just pissed off all their long-time digital subscribers.