My assumption with the 3-founder magic number is as follows: Founder #1 - Technical background. Responsible for product development Founder #2 - Creative background. Responsible for product design and assisting with marketing Founder #3 - People background. Responsible sales and growth
@Cygx5 ай бұрын
@@LucianoDevoto I think the technical founder should also sell
@ManPursueExcellence5 ай бұрын
@@Cygx If it’s only one founder, yes, but not with this proposed 3 founder set up.
@CaseyFahey3 ай бұрын
@@Cygxeverybody sells in a startup, especially the CTO
@MikeLocke4 ай бұрын
Love the insights, super valuable, thanks for sharing.
@milanvasarhelyi6 ай бұрын
One explanation could be for the difference in the CC required/not required differences is that the not requiring SaaS apps might be more mature, so they're making more money and growing less. As you discussed before, not requiring it makes more sense when you know your customer well already.
@Insight-.-6 ай бұрын
The 3 co-founder dynamic works, because the 1st will focus on the bare bones, the 2 will focus on ui and customers, the 3rd joins the 1st and 2nd with api's and communication between all of them.
@nodalFx5 ай бұрын
This is gold. Clearly researched by people who live in the space.
@GeorgeBudwick4 ай бұрын
That is a terrific report. Thank you so much for investing your $ into that study and providing it for free. It gave me some great insight.
@MicroConf3 ай бұрын
Very welcome!
@Cygx6 ай бұрын
You guys have to download the pdf! So many interesting tidbits in there. I think free trial with no CC is the way to go. Let them experience the value asap and get them hooked on the product in two weeks then they will happily subscribe!
@rajatsx5 ай бұрын
It is not working for me though! I have been running that almost 2 years now.
@Cygx5 ай бұрын
@@rajatsx do you have pmf
@rajatsx5 ай бұрын
@@Cygx The other companies in my domain have the pmf. The particular service does not.
@Cygx5 ай бұрын
@@rajatsx Continue to iterate on the problem that your service is solving. Are the customers signing up for the free trial and not buying it after? Could be that there is not enough value to justify prices?
@same.79396 ай бұрын
I continue to be surprised that Facebook Ads are more effective than LinkedIn for B2B SaaS!
@swish61436 ай бұрын
Yes, I thought Facebook is more consumer, but think about how many people scroll Facebook during working hours.
@same.79396 ай бұрын
@@swish6143 Good point. And apparently LinkedIn ads are so much more expensive.
@nandeyanen_chiggachan6 ай бұрын
B2C yes. B2B no.
@same.79396 ай бұрын
@@nandeyanen_chiggachan but the scope of this video and the survey is B2B.
@RobWalling5 ай бұрын
I agree. I think it's because LinkedIn's ad tech is not very good.
@netmusicdotcom5 ай бұрын
Can't find LinkLo. What's their URL?
@MicroConf5 ай бұрын
Here you are: linklo.io/
@netmusicdotcom5 ай бұрын
@@MicroConf Thanks!
@Linklo-io5 ай бұрын
Thanks for the shoutout @MicroConf !
@laserflip80943 ай бұрын
Super interesting - but just remember that correlation does not = causation
@webdeveloperninja92206 ай бұрын
thanks brah
@mariojohnson46955 ай бұрын
Rubrik has 4 founders and they just went public with over 600 million in revenue, I’m not sure if they are a SaaS company, they are cloud management backup company.
@YoungHBIC6 ай бұрын
I'd love to see the data assessed with inferential statistics. I'm curious to know if there are statistically significant differences between the reported findings.
@fifaham5 ай бұрын
In what zone of the Earth Map those 700 statistical points were collected from? Was it only from North America? Have you guys tried including collection points from Europe, Asia, Middle East, Russia and so on? My guess is most probably the 3 point domination may collapse - so what is your take on that?
@MicroConf2 ай бұрын
We sent the survey out to our worldwide audience.
@scorpio84286 ай бұрын
Bing Ads has left the chat. (last slide 22:15)
@artur-visualsitemaps5 ай бұрын
re: CCard vs non CCard --> --> Has anyone A/B tested this for B2C2B? what were the results? thanks!
@harriewheatley6 ай бұрын
Is cc upfront increase probably caused by increase in AI startups, therefore higher unit cost per user and greater surface area for fraud?
@MicroConf2 ай бұрын
I don’t have any evidence to suggest that it’s tied to AI. Credit card fraud has long been an issue for SaaS companies.
@noel86595 ай бұрын
I suspect much of the trial without credit card is simply due to Stripe enabling that feature.
@Jon-hb6gx5 ай бұрын
Those companies - for a specific reason - have decided that those three people are needed to drive the business forewards. This doesn't mean that EVERY company is better off having three co-founders.
@MicroConf2 ай бұрын
I agree. In this video we were just highlighting the surprises we found in the data.
@jankool016 ай бұрын
3 people may be successful as one acts as the leader. There is a saying in Islam "When three persons set out on a journey, they should appoint one of them as their leader".