The State of Recruiting Technology in 2019 — A Year of Consolidation, Growth & Innovation
The State of Recruiting Technology in 2019 — A Year of Consolidation, Growth & Innovation What’s happening in Recruiting Technology? A lot! We are in the midst of a significant technology revolution in recruiting. While corporate spending in recruiting technology continues to grow, expected to surpass $10 billion by 2022, talent acquisition as a function […]
The Three Marketing Books All Founder/CEOs Should Read
Few founder/CEOs come from a marketing background; most come from product, many from engineering, and some from sales, service, or consulting. But few — ironically even in martech companies — grew up in the marketing department and consider marketing home. When you combine this lack of experience with the the tendency that some marketing leaders […]
What It Takes to Make a Great SaaS Company
I’ve been making a few presentations of late, so I thought I’d share the slides to this deck which I presented earlier this week to the All Hands meeting of a high-growth SaaS company as part of their external speaker series. This one’s kind of a romp — it starts with some background on Kellblog […]
Are You Counting Payments as Renewals?
Enterprise SaaS has drifted to a model where many, if not most, companies do multi-year contracts on annual payment terms. How did we get here? Most enterprise SaaS products are high-consideration purchases. Buyers typically perform a thorough evaluation process before purchasing and are quite sure that the software will meet their needs when they deploy. […]
Slides from My SaaStr Annual 2019 Presentation (5 Questions CEOs Struggle With)
Thanks to everyone who attended my session yesterday at the amazing — and huge — SaaStr Annual 2019 conference in San Jose. In this post, I’ll share the slides from my presentation, Five Questions SaaS CEOs Wrestle With (and some thoughts on how to answer them). The folks at SaaStr recorded the session, so at […]
Venture Capital Investment in WorkTech is Booming
Last year, I wrote about “Going from HRTech to WorkTech”. It was my attempt at defining this emerging theme (“WorkTech”) and prognosticating the future. Modeled after Mary Meeker’s annual Internet Trends Report, my goal was to share historical data and insights defining the past, present and future of work and combine it with understanding where […]
Rule of 40 Glideslope Planning
Enterprise SaaS companies need a lot of money to grow. The median company spends $1.32 to acquire $1.00 in annual recurring revenue (ARR) [1]. They need to make that investment for 14 years before getting to an IPO. It all adds up to a median of $300M in capital raised prior to an IPO. With such vast amounts […]
SaaStr 2019 Presentation Preview: Five Questions SaaS CEO Wrestle With
I’m super excited for the upcoming SaaStr Annual 2019 conference in San Jose from February 5th through the 7th at the San Jose Convention Center. I hope to see you there — particularly for my session from 10:00 to 10:30 on Tuesday, February 5th. Last year they ended up repeating my session but that won’t be […]
Highlights from the Fenwick & West 3Q18 Venture Capital Survey
It’s been a few years since I wrote about this survey, which I post about less to communicate recent highlights and more to generate awareness of its existence. The Fenwick & West Venture Capital Survey is must-read material for any entrepreneur or startup CEO because it not only makes you aware of trends in financing, […]
Lost and Founder: A Painful Yet Valuable Read
Some books are almost too honest. Some books give you too much information (TMI). Some books can be hard to read at times. Lost and Founder is all three. But it’s one of the best looks I’ve seen when it comes to giving the reader a realistic look at the inside of Silicon Valley startups. […]
