TechCrunch+ Roundup: Studying Workforce Data, SaaS Sales Mistakes, Financial Close Strategies
Over the past 24 months, Thomvest Ventures has recorded headcount data for 150 enterprise SaaS startups from Series A to C, and we have the numbers.
This report prepared by Eddie Ackerman, Thomvest's strategic financial operating partner, examines the speed of startup hiring since February 2021 by region, type of company and, in particular, how long has passed since the last call funds.
Ackerman says he expects to see another tranche of layoffs in several weeks, after the startups hold their fourth quarter 2022 board meetings.
Full TechCrunch+ articles only available to membersUse coupon code TCPLUSROUNDUP to save 20% on a 1 or 2 year subscription
Not something a worker wants to read a few days before Christmas, but a warned is a warned.
“For companies with strong balance sheets, strong backers, product market fit, or weak consumption, now is the best time to make critical hires,” says Ackerman.
And if that doesn't describe your business, you should already be planning to downsize.
"The tough decision to freeze hiring must be made early, even if your balance sheet is in good shape," writes Ackerman.
If you're a founder reading this: When layoffs are planned, you have a moral and ethical responsibility to let your employees know as soon as possible. Do what it takes.
TechCrunch+ will release on a light schedule next week, and we'll resume our regular cadence on Monday, January 2. I'm taking a short holiday break and will send out the next TechCrunch+ newsletter/recap on Tuesday, January 2, 3.
Thank you very much for reading us in 2022. Happy New Year!
Walter ThompsonEditorial Manager, TechCrunch+@yourprotagonist
How to get the most out of your investor relations in 2023
Image credits: anisah priyadi (opens in a new window) / Gett y Pictures
As Santa revamps his list of who's been naughty and nice, it's also a good time for startup founders to take stock of their investor relations.
Vidya Raman, Partner at Sorenson Ventures, has written a TC+ article outlining the do's and don'ts for upcoming board meetings, her thoughts on which communication channels are best for different demands help and specific data points you should raise in your discussions. .
“Be ruthless about how you spend your time,” she advises, “especially with your investors.”
Holiday shipping is easier this year, but technology still lags
Over the past 24 months, Thomvest Ventures has recorded headcount data for 150 enterprise SaaS startups from Series A to C, and we have the numbers.
This report prepared by Eddie Ackerman, Thomvest's strategic financial operating partner, examines the speed of startup hiring since February 2021 by region, type of company and, in particular, how long has passed since the last call funds.
Ackerman says he expects to see another tranche of layoffs in several weeks, after the startups hold their fourth quarter 2022 board meetings.
Full TechCrunch+ articles only available to membersUse coupon code TCPLUSROUNDUP to save 20% on a 1 or 2 year subscription
Not something a worker wants to read a few days before Christmas, but a warned is a warned.
“For companies with strong balance sheets, strong backers, product market fit, or weak consumption, now is the best time to make critical hires,” says Ackerman.
And if that doesn't describe your business, you should already be planning to downsize.
"The tough decision to freeze hiring must be made early, even if your balance sheet is in good shape," writes Ackerman.
If you're a founder reading this: When layoffs are planned, you have a moral and ethical responsibility to let your employees know as soon as possible. Do what it takes.
TechCrunch+ will release on a light schedule next week, and we'll resume our regular cadence on Monday, January 2. I'm taking a short holiday break and will send out the next TechCrunch+ newsletter/recap on Tuesday, January 2, 3.
Thank you very much for reading us in 2022. Happy New Year!
Walter ThompsonEditorial Manager, TechCrunch+@yourprotagonist
How to get the most out of your investor relations in 2023Image credits: anisah priyadi (opens in a new window) / Gett y Pictures
As Santa revamps his list of who's been naughty and nice, it's also a good time for startup founders to take stock of their investor relations.
Vidya Raman, Partner at Sorenson Ventures, has written a TC+ article outlining the do's and don'ts for upcoming board meetings, her thoughts on which communication channels are best for different demands help and specific data points you should raise in your discussions. .
“Be ruthless about how you spend your time,” she advises, “especially with your investors.”
Holiday shipping is easier this year, but technology still lagsWhat's Your Reaction?
