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08.25.2020

Exits take 7 to 9 years

We looked at how long it took 161 publicly traded tech companies to exit. Specifically, we used their S1’s — a securities filing a company makes before IPO — to find out the year each company was founded and compared it to the last……

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08.21.2020

CEO salaries at 125 tech co’s

We’ve seen a wide range of CEO salaries in our portfolio, from as low as $35k annually to as much as $325k (plus bonus). While there is no dataset explicitly outlining salary levels at early stage companies, we can use……

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08.19.2020

Non-recurring revenue is ~20% of total SaaS rev

VC love recurring revenue and many VC won’t ascribe any value to non-recurring revenue streams. That said, do not forsake non-recurring revenue streams. If you do, you’re ignoring free financing and a way to make the product stickier. Non-recurring revenue……

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08.17.2020

SaaS performance in a recession

SaaS Capital, a lender to software businesses, published an excellent research piece which examined the performance of publicly traded SaaS businesses during the recession. The 3 page research report is well worth the read, and we decided to summarize some……

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08.14.2020

Negotiating with VC – part 2

Below is a continuation of a recent blog post about a book called Never Split the Difference by Chris Voss. Chris was one of the premiere FBI Hostage Negotiators in the world, and his tactics could be useful for negotiating……

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