Jason Lemkin is my favorite blogger on topics of SaaS (or definitely in the top 5). But that doesn’t mean I always agree with him. He has a post about not bootstrapping a SaaS company to death which has some interesting points, but ultimately, it’s Jason “talking his book”, i.e. as a VC, bootstrapped SaaS businesses are not great for him. He has to sell the value of raising VC so I understand this.
It’d be safe to say I have a biz-crush on Hubspot. The company is one of our content marketing idols. One of the other things I’ve admired about the firm is their culture code (presentation here). In particular, they have a mantra about peers being more important than beers or that the people you work with are more important than the perks you get.
I’ve been reading about quantitative VC for a bit. It’s mostly been banal chatter and attempts at tracking buzz which is mildly amusing for consumer web companies and utterly meaningless for everything else. What’s interesting is some of our clients have been doing much more sophisticated things with data for a long time but not under the banner of “quantitative VC”. Using data was just smart I guess.
Mojang was acquired by Microsoft today for $2.5 billion. The company grew freakishly, awesomely fast. They never took outside capital it seems although reports of 150 VCs and investors pitching them regularly. And so I think this makes Mojang the biggest boostrapped tech exit ever. Pls correct me if I’m wrong.
One of the biggest challenges beyond just critical and obvious execution related goals and building the culture the right way at CB Insights is picking our market.
We service a somewhat wide array of customers today and we do all of them very well. This speaks to the quality of the data and the flexibility of the underlying product. We are a “full-stack” product in that sense. We can handle those focused on a strategy project as well as those trying to track individual M&A transactions very seamlessly and in a way that is very intuitive.