If you’re a CFO in a high growth recurring revenue business, you’re probably running a loss on your income statement. That loss comes primarily from two things: Current sales and marketing (S&M) expense spent to acquire future revenue, and product (R&D) investment that only makes sense at a higher projected customer quantity.
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Altvia is a SaaS software provider in Colorado that specializes in cloud-based solutions for alternative asset fund managers, institutional investors, private equity and impact investors. It also happens to be a Bigfoot portfolio company. We’ve been working with Altvia since 2018 to help it scale up its business and overall kick SaaS. How does this look from Altvia’s side? We recently sat down with Ben Hendershot, the company’s COO, to find out.
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The forms of capital seeking SaaS investments today are more diversified than ever and what each of them needs to see to make an investment varies greatly. In order to get a sense for what investors are looking for to write a check, you must first understand the different investor personas.
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Does venture capital have an image problem, or possibly even a fundamental business model problem? It might, based on what was in a recent story in The New York Times.
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Here's the good news: 2019 is shaping up to be a good year for SaaS financing, whether you’re a founder or a capital provider.
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Churn is the lifeblood of every SaaS company, especially those that bill on an annual basis. This guest post is from Clint Jackson, the CFO of BombBomb, and contains some great insights about the churn mistakes the company has made and how he accounts for it appropriately.
Read articleI was on the Rentbits podcast recently to talk about being relentlessly resourceful in business and how it can dramatically improve the probability of a business succeeding. It's been a mantra of mine for some time, and it works.
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You’ve seeded the latest and greatest SaaS product, and you’re ready to get your startup off the ground. Congratulations. Now it’s time for a reality check. When you see the potential market size for SaaS — predicted to soon be worth over $185 billion — it’s easy to assume funding will be pouring in while you sit back and watch your company grow.
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