Tribe Talkin' Ep 40: Startmate Excels. Frugal Founders. 60 Person Leadership Teams? Fewer People at Series A. SaaS Growth Decelerating. Modus Partners SaaS valuations. Sharts.

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Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

5 • 1 Ratings

🗓️ 6 June 2024

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this weeks episode of Tribe Talkin': Startmate's Top 20 most valuable alumni. Frugal founders. Nvidia leadership team of 60 people. Fewer employees at SaaS Series A. Connecting the money you raise to peeling layers of risk. Salesforce decelerating growth, as we've seen with the rest of the market. Modus Partners shares data on SaaS valuations. Sharts: [email protected]

Transcript

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0:00.0	What an impact Nikki's had on the Australian ecosystem, like founder of Start, mate, and Blackbird.
0:15.4	The great founders are frugal.
0:18.5	They understand that the money needs to be used precisely for certain areas.
0:21.6	NVIDIA's leadership team is 60 people.
0:24.6	60 director for you.
0:26.6	It's not conventional, but I am certain it's the best practice.
0:29.6	Like the takeaway for a founder is like every company has got their own culture,
0:33.6	which is a living organism.
0:35.6	Go find out the best practices.
0:36.6	Trial what works for you,
0:38.8	what doesn't throw away, but then keep the good stuff. I want you to take a hard look at yourself
0:43.3	because seriously the damage that you are allowing. Paul Graham wrote a post back. This was eight
0:48.9	years ago about what a good YC company should look like in terms of their growth rate and as a target.
0:53.8	And he said five to seven percent a week.
0:56.3	If you can hit 10 percent a week, you're doing exceptionally well.
0:59.4	If you can only manage one percent a week, it's a sign you haven't yet figured out what you're doing.
1:03.6	I'll tell you what, if you gave Elon an enema, you could bury him in a matchbox.
1:08.1	I reckon Nickelback gets a bad route.
1:10.5	Continue, Jack?
1:11.6	Oh yeah.
1:12.6	Unpack that, Jack.
1:13.6	He gets a bad rap.
	...

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