The Official SaaStr Podcast: SaaS | Founders | Investors cover image

SaaStr 651: Top Mistakes Founders Make with Series A with Black Mangroves, Square Peg, Vertex, and GGV

The Official SaaStr Podcast: SaaS | Founders | Investors

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How to Be a Successful SaaS Founder

A lot of the news on the street is, okay, I'm going to hit 1 million ARR and go raise my series A. But you really need to be able to answer not only the revenue, but also what are the drivers of your business? What does that mean that you have 500K or a million? Do you have number of users and are they growing? Are they engaged? And like, churn is a good number to have, but sometimes you sell one year, SaaS products and subscriptions. You don't have enough information on whether they are going to churn or not.

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