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🚀 SaaS Roundup: 4 Lessons in Investor Reporting from 370 Board Meetings
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<span style="font-family:open sans,helvetica neue,helvetica,arial,sans-serif">
<strong>
SaaS Roundup
</strong>
<strong>
#336
</strong>
</span>
</h1>
<br/>
<br/>
Hi there,
<br/>
<br/>
<font color="#000000">
Last week,
</font>
we met with a panel of experts who have participated in over 370 board meetings. They shared with us their
<a style="mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #007C89;font-weight: normal;text-decoration: underline;" target="_blank">
top lessons
</a>
on how to make your investor reporting more engaging & impactful.
<br/>
<br/>
As always, this Roundup also includes our top three reads from the wonderful world of SaaS.
<br/>
<br/>
Happy reading,
<br/>
<strong>
Sid @ ChartMogul
</strong>
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<span style="font-size:21px">
4 Lessons in Investor Reporting from 370 Board Meetings
</span>
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<br/>
<span style="font-size:13px">
<span style="font-family:open sans,helvetica neue,helvetica,arial,sans-serif">
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Bianca Wilk
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<div style="text-align: left;">
<br/>
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Designing the right reports for your investors builds the overall board’s confidence in your business. And in this market, the need for board confidence has never been more relevant.
<br/>
<br/>
We asked a panel of experts how they define impactful investor reporting and what they do to engage to get the most from their board meetings.
</font>
<br/>
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<span style="font-family:open sans,helvetica neue,helvetica,arial,sans-serif">
"Nowadays your board should be a high-performing team, like any other team in the organization. High-performing teams need high-quality information to understand what’s going on so that they can develop strong, strategic, and operational outcomes."
</span>
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Mark Roberge, Stage 2 Capital / SaaStr
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Product-led growth (PLG) is simply the consumerization of B2B software businesses. In this talk, Mark Roberge breaks down what a high-performing go-to-market function looks like at PLG first startups. He also shares four mistakes that startups make in their PLG journey.
</span>
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"The sales comp plan drives the behaviour of making the quota and ends up ruining the PQL funnel because in a lot of cases we are using compensation models from the 1970s.”
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Management
</a>
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<![endif]-->
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<tbody>
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<h4 class="null" style="display: block;margin: 0;padding: 0;color: #202020;font-family: Helvetica;font-size: 18px;font-style: normal;font-weight: bold;line-height: 125%;letter-spacing: normal;text-align: left;">
<a style="color: #1c79ed;font-family: open sans,helvetica neue,helvetica,arial,sans-serif;font-weight: 400;text-decoration: none;mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;" target="_blank">
Building the Finance Org: Goals & Team Sizes
</a>
</h4>
<p style="padding-bottom: 5px;margin: 10px 0;padding: 0;mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #202020;font-family: Helvetica;font-size: 16px;line-height: 150%;text-align: left;">
<span style="font-size:13px">
<span style="font-family:open sans,helvetica neue,helvetica,arial,sans-serif">
<font color="#999999">
CJ Gustafson, Mostly Metrics
</font>
</span>
</span>
<br/>
<br/>
<font face="open sans, helvetica neue, helvetica, arial, sans-serif">
<span style="font-size:14px">
This post takes an in-depth look into how the Finance function evolves over the course of a company’s life cycle. It also goes into tasks, goals, and the team sizes at different stages of company building.
</span>
</font>
</p>
</td>
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<tbody>
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<table border="0" cellspacing="0" class="mcnTextContentContainer" style="min-width: 100% !important;background-color: #EBEAEC;border-collapse: collapse;mso-table-lspace: 0pt;mso-table-rspace: 0pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;" width="100%">
<tbody>
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"Contrary to popular belief, most venture-based companies don’t have a formal finance function until they reach Series B scale. Generally speaking, that’s in the ballpark of $5M to $10M in annual revenue and approaching 100 employees. It’s very normal to outsource basic accounting functions up until this point."
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Fundraising
</a>
</td>
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</td>
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</tbody>
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<h4 class="null" style="display: block;margin: 0;padding: 0;color: #202020;font-family: Helvetica;font-size: 18px;font-style: normal;font-weight: bold;line-height: 125%;letter-spacing: normal;text-align: left;">
<a style="color: #1c79ed;font-family: open sans,helvetica neue,helvetica,arial,sans-serif;font-weight: 400;text-decoration: none;mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;" target="_blank">
Employee - VC Alignment: A Subtle Shift in the Power Dynamics Towards Employees
</a>
</h4>
<p style="padding-bottom: 5px;margin: 10px 0;padding: 0;mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #202020;font-family: Helvetica;font-size: 16px;line-height: 150%;text-align: left;">
<span style="font-family:open sans,helvetica neue,helvetica,arial,sans-serif; font-size:13px">
<font color="#999999">
Nikhil Basu Trivedi, Next Big Thing
</font>
</span>
<br/>
<br/>
<font face="open sans, helvetica neue, helvetica, arial, sans-serif">
<span style="font-size:14px">
So much power has shifted from VCs to founders. The next logical step is a shift in power from founders to employees. There is evidence that the shift is already happening. Here is a piece that goes deep into that topic.
</span>
</font>
</p>
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<tbody>
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<table border="0" cellspacing="0" class="mcnTextContentContainer" style="min-width: 100% !important;background-color: #EBEAEC;border-collapse: collapse;mso-table-lspace: 0pt;mso-table-rspace: 0pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;" width="100%">
<tbody>
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"In short, when a private company raises less capital at lower valuations, employees have the chance for more upside if the company succeeds. But, there are VCs out there who, once invested, care about maximizing the valuation at subsequent rounds, for it boosts their own carrying value on the investment, and thus perhaps their ability to raise new funds from limited partners."
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<h1 class="null" style="font-weight: 400;text-align: center;display: block;margin: 0;padding: 0;color: #202020;font-family: Helvetica;font-size: 26px;font-style: normal;line-height: 125%;letter-spacing: normal;">
<strong>
<span style="font-family:open sans,helvetica neue,helvetica,arial,sans-serif; font-size:26px">
Chart of the week.
</span>
</strong>
</h1>
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<strong>
Capital is moving away from the Bay area and into the Tri-state area (NY, NJ, CT).
</strong>
Funding in New York, New Jersey & Connecticut is on the rise, accounting for 41% of total capital invested in those regions (up from just 18% seven years ago).
</span>
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</p>
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Source:
<a style="mso-line-height-rule: exactly;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #007C89;font-weight: normal;text-decoration: underline;" target="_blank">
Battery's Cloud Quarterly
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2 years, 11 months ago - roundup@chartmogul.com
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