staysaasy

9 ms·

31.
by staysaasy 6y ago
They will need to for a transaction of this size, and the approval process is most likely ongoing (and will continue for the next few months).
32.
by staysaasy 6y ago
We wrote a similar article recently about something I’ve found essential in hiring managers - ie understanding how much mileage they actually have on the hardest decisions https://staysaasy.com/recruiting/2021/02&#
33.
by staysaasy 6y ago
I'm with you that 32x feels insane, but these are crazy times and Okta presumably had to pay a premium to take Auth0 off the market. With those stats and a compelling story (developer tools) they were probably expecting a great IPO in
34.
by staysaasy 6y ago
Had exactly the same thought – this seems like it's begging for the antitrust hammer.
35.
by staysaasy 6y ago
The hardest part of building a design system is getting the organizational willpower to commit to it. There will always be another high priority feature to build, so to get it done you generally need executive level sponsorship. Design syst
36.
by staysaasy 6y ago
I strongly recommend just sitting him or her down and explaining why this is a problem (you've articulated it well here). Either they get more diligent (great) they can't get more diligent (not great) or they refuse to be more dil
37.
by staysaasy 6y ago
In today's frothy market, do you think that they'd only be at $3B? Not baiting at all, I'm curious on how you'd break this down as it's always an arcane art. I mainly wonder as companies like C3.ai are above a $10B
38.
by staysaasy 6y ago
In my anecdotal only experience it has gotten easier for founding teams who are from central casting - known schools / former employers, tech-first business ideas that VCs can understand, other stereotypes around what it means to loo
39.
by staysaasy 6y ago
Another factor to note is that many larger institutional funds reserve a portion of their funds for follow-on to fill up their pro rata in their winners' later rounds. Those winners tend to be where all of the returns come from anyway,
40.
by staysaasy 6y ago
No it's quite common, I'd say that most board members are employed elsewhere. You can see it in the independent board members from various public companies. Random example: check out the Nike executive team at https://a
41.
by staysaasy 6y ago
I would add to scenario 3 that the startup needs to do well enough to grow at least a bit (growth is a great teacher) AND your position at the startup has to scale with that growth. Otherwise from what I've seen you might be better off
42.
by staysaasy 6y ago
I was curious on this and did some googling. One thing that I found per a paper from 2008 ( https://hbswk.hbs.edu/item/performance-persistence-in-entrep... ): "All else equal, a venture-capital-backed entrepreneur w
43.
by staysaasy 6y ago
A lot of this post is (good!) tactical advice. I strongly agree with the comment on emotional self-control. IMO this is one of the top ways that managers fail or struggle, especially as their teams grow or if times are hard. I've thoug
44.
by staysaasy 6y ago
That's incredibly insightful, thank you! The idea of RPA-as-glue-for-legacy-systems is something that a friend who's building a company in the RPA space had mentioned once. It made sense to me at the time in theory, but this examp
45.
by staysaasy 6y ago
That's a very interesting assessment, thanks for typing this up! What are the most important use-cases that you see UIPath solving? I'm familiar with what they do at a high level, but I'm not sure who they're really most
46.
by staysaasy 6y ago
Gitlab and Github both have static site hosting options. Netlify works great as well. We've gotten it to the point where we just push new pages via git and it all works. Anything more and you'll find yourself procrastinating ever
47.
by staysaasy 6y ago
Jekyll + Gitlab for CI/CD It's been great.
48.
by staysaasy 6y ago
Thanks for reading! Really appreciate it. It's been quite a journey and I honestly credit the tech stack with making it so easy to write.
49.
by staysaasy 6y ago
IMO the biggest barrier to blogging (and the cause of most blogs dying) is inconvenience, and minimizing that if the biggest advantage of Markdown + Git. If there's any inconvenience at all, it naturally drags on the process of writing
50.
by staysaasy 6y ago
No problem! A colleague and I actually write a lot about these types of topics (link in bio) if you're curious. A few quick reactions: "It seems there is a spectrum of maturity/complexity (correlated with age and scale)"
51.
by staysaasy 6y ago
Maybe I wasn't clear, but I specifically do not think that getting people to be 10/10 in all domains should be the goal – I agree with you. This is why you need PMs IMO. Thanks for writing this post and generating this discussion.
52.
by staysaasy 6y ago
Hey good q. I work in enterprise SaaS and our team builds a fairly complex product. We have a range of technical and non-technical users within a given account, who use our product in different ways, and we have accounts that range in size
53.
by staysaasy 6y ago
The challenge I've had with that model is that as a company gets more complex, having someone whose sole job is to focus on the business <> technology interface is invaluable as people start to specialize. It's often more va
54.
by staysaasy 6y ago
Yup, and it's also an aggressive flywheel: - You are thought of as a leader - You get to invest in better companies because they know/want you - The better companies outperform, because they were better - You are increasingly thou
55.
by staysaasy 6y ago
It depends a bit on the stage. It is definitely that competitive for the best growth stage companies, where "best" roughly means "highest growth in a market that can sustain a venture-level return (which in practice means a $
56.
by staysaasy 6y ago
In my opinion / experience there are two areas of frugality that are important to focus on for the types of high-growth venture-backed companies that are common topics on HN. 1. Having a non-wasteful, nonindulgent culture. I've he
57.
by staysaasy 6y ago
She/he is probably on the way to one right now, at their current company.
58.
by staysaasy 6y ago
I wonder if this shady/unethical behavior is more focused in consumer startups. In enterprise SaaS, for example, unethical behavior is a low-EV move because your customers will have standing to cancel their contracts or pursue you for
59.
by staysaasy 6y ago
It looks to me like they're roughly on-target for consumer startups. It's quite industry-dependent. https://about.crunchbase.com/blog/startup-exit/ That said, most of these companies IPOed at much lower
60.
by staysaasy 6y ago
By far the hardest part of writing a blog is finding the motivation to keep going. The best single trick that I've found to combat this is to write with a partner, as it'll keep both of you honest and motivated. The writing distri

More ›