Funded vs Bootstrapped: Comparing the Metrics of 37 SaaS Companies
The Founder of MemoHub, Clement Vouillon, presents an interesting analysis of venture-backed vs bootstrapped companies (albeit a small sample size). Bootstrapped companies aren’t as different from funded companies as you might think.
They have similar MRR and churn compared to venture funded companies, and sometimes, they have a more diverse customer base but not always. Bootstrapping has always been a legitimate strategy to grow your business, and it’s only getting more popular.
Avoid These 4 Mistakes When Scaling Your HR and Finance Systems
Founders and CEOs cannot focus on everything. They just don’t have the time. When choosing new HR and finance systems here are some hurdles to avoid, to make sure you make the right decisions.
What You Should Know About Warrants
A lot of venture debt providers require equity warrants. Some even call them “equity sweeteners,” because they can easily be worth more than the interest paid.
At Element, we’ve taken a hard stance against equity warrants, but if you’re considering venture debt, you need to know how warrants work.
How Entrepreneurs Can Creatively Raise Capital in a Fast-Changing Market
While venture capital still provides the majority of investment in SaaS companies, more and more non-dilutive options are appearing and maturing. Alex gold, the co-founder of Myia, explores three equity-free, growing funding opportunities available to software companies today.
Why Sales Tax Compliance Matters for Growing SaaS Companies
While they're not the most exciting part of our businesses, taxes are something you never want to be an issue. Sales tax specifically can be a challenge for international SaaS companies, but there are some great options to help you get it right.
The Element Team
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