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Second Time Founders
E35 Is it a good time to raise a series A or B round yet? People that want their name on the blog post are the worst! PMF is very uncomfortable and may require 10-12 hr days.
Aug 29, 2023
Experienced venture founders discuss the timing of fundraising, profitability for startups, selling the vision, debating product market fit and failed business, managing employees and building a strong foundation, and the potential for sponsorships, profitability, and market potential.
59:01
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Quick takeaways
- SaaS companies can be profitable when constraints are in place and the market focus shifts towards profitability.
- Software businesses have immense opportunities for success in niche markets, challenging the misconception that certain industries are not big enough.
Deep dives
The profitability of SaaS companies and their misconceptions
The podcast episode discusses the misconception that SaaS companies can never be truly profitable. It highlights that the profitability of SaaS businesses depends on constraints placed by the market. While they have historical tendencies to focus on growth at all costs, the market shift towards profitability has shown that SaaS companies can indeed be profitable when constraints are in place. The episode showcases the changing landscape for SaaS companies and the opportunities that arise when focusing on profitability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode