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Knowing When It’s Time To Sell Your Startup

YoungUpstarts

by Christopher Wallace, Vice President of Sales and Marketing for Amsterdam Printing. When Amazon came knocking in 2009, they had been modestly profitable for only two years. They devalued the company and sold 70% of the business to private investors in 2009. Not surprisingly, they developed a loyal following and grew rapidly.

IPO 162
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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Posted by Philippe Botteri.