Harry Glaser was the co-founder and CEO of Periscope Data, which raised a seed round before finding customers, yet didn’t run out of money before becoming an overnight success 3-4 years later. They grew like crazy when they found product-market-fit and raised a big Series A and B.
When you’re growing fast, everything can feel like it’s breaking constantly, and you’re hiring and rehiring people fast. During those rapid growth years, someone would reach out every once in a while and ask if Harry would consider selling. He always said no.
But then growth flatlined for a couple of years, and it was time to talk about selling. From the start of the company to a couple of years after being acquired, it was about a ten-year journey altogether.
In today's episode, Harry shares the honest truth and lessons learned from selling Periscope Data for $130M.
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Jennifer Tejada, CEO of PagerDuty, discusses the influence of AI on business workflows, focusing on automating operations, maintaining customer trust, and navigating generative AI challenges. Together with SaaStr CEO and Founder Jason Lemkin, they addresses the role of AI in managing incidents, improving efficiency, and changing decision-making in enterprises. Lastly, we delve into how AI and human roles can coexist, foreseeing a shift towards high-value work as automation increases, with a call for leaders to embrace AI's potential while adapting to technological advancements.
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SaaStr hosts the largest SaaS community events on the planet.
Join us in 2024 at:
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This episode is sponsored by: Remote.com
Are you overwhelmed with paperwork managing overseas contractors? Say hello to efficiency with Remote’s Contractor Management solution! Seamlessly handle invoicing, fixed payments, and compliant, localized contracts. Kickstart your free trial today at Remote.com
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This episode is sponsored by: Northwest Registered Agent
Get more when Northwest Registered Agent starts your business.
They'll form your company fast and stand up your entire business identity in minutes.
That means business free domain, business email, website, hosting, address, mail scanning, business phone app, all within minutes. Visit https://www.northwestregisteredagent.com/saastr to get a 60 percent discount on your next LLC.
SaaStr 734: The Latest in Series A Rounds, AI Growth Rates and More with SaaStr CEO and Founder Jason Lemkin
So Redpoint Ventures published some of the slides they recently presented to their Limited Partners (their own investors) here.
There’s a ton of good data there, but this one slide stood out to me, because it was put together in a really clear fashion, better than other data sources I’ve seen.
And what it says is that even though Seed stage investing remains arguably as strong as ever … Series A hasn’t bounced back. Not at all.
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SaaStr hosts the largest SaaS community events on the planet.
Join us in 2024 at:
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This episode is sponsored by: Remote.com
Feeling stuck in your talent search? Remote Talent is the leading job board for remote-first companies and startups. Visit Remote.com/jobs today to start building your dream team, anywhere in the world.
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This episode is sponsored by: Northwest Registered Agent
Get more when Northwest Registered Agent starts your business.
They'll form your company fast and stand up your entire business identity in minutes.
That means business free domain, business email, website, hosting, address, mail scanning, business phone app, all within minutes. Visit https://www.northwestregisteredagent.com/saastr to get a 60 percent discount on your next LLC.