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How Long It Roughly Takes to Close a Deal in SaaS. And Why.

Dear SaaStr: How long does it usually take to close a deal in SaaS? Ok, here’s a really rough set of timelines to how long it takes to close an Opportunity in SaaS: So: A $5k deal, or say $499 a month, can often be closed in a call or two. Certainly the buying decision... Continue Reading

Published on: November 30, 2020 | Source: SaaStr favicon SaaStr

That Super-Successful VP of Sales. Great? Or Just Lucky?

I get sent this resume to review all the time. Director+ of Sales at Slack / Zoom / Mongo / Datadog / Qualtrics Your Brand Name SaaS Company. Took Hot Start-Up from $0 to $50m as VPS from Day 0. Was there β€œearly” through IPO and did amazing things. That all sounds impressive, for sure.But... Continue Reading

Published on: September 17, 2020 | Source: SaaStr favicon SaaStr

Dear SaaStr: Once Your Equity Vests In a Startup … Why Stick Around?

Dear SaaStr: Once Your Equity Vests In a Startup … Why Stick Around? It’s an interesting and subtle question, especially these days in the Bay Area, where many barely stay 1 year to their cliff, let alone the full 4–5 years to vest. Even employees at OpenAI often leave in less than 2 years. For... Continue Reading

Published on: November 13, 2018 | Source: SaaStr favicon SaaStr