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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20Sales: How Snowflake Built a Sales Machine | Why You Have to Hire a CRO Pre-Product | Why Most Sales Reps Do Not Perform | Why Hiring Panels are BS in Interviews | Why Remote Sales Reps Do Not Care About Their Development with Chad Peets

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Engagement Requires Investment

Involving key players such as the founder and the Chief Revenue Officer (CRO) in sales conversations is crucial, yet time-intensive. This process requires careful coordination and significant effort to facilitate discussions, which makes it challenging for qualified individuals like the VP of engineering to find the time for these activities. As a result, startups may need to secure larger seed funding, typically in the range of $2 to $3 million, to effectively support the establishment of a robust sales organization. Additionally, incubators like Sutter Hill highlight the importance of internal resources in creating successful business ventures, as they focus on developing companies within their framework. Understanding what constitutes a successful sales organization is vital, emphasizing the need for strategic planning and investment to achieve long-term growth.

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