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Build: The Early Days of SaaS Startups with Albion VC and Speedinvest
Join Albion VC and Speedinvest for a candid discussion on the early days of SaaS startups, including the challenges faced by female founders, the importance of resilience, diversity, and customer focus for success.
- Measure the makeup of the partner base, finding that many female founders are excluded from angel networks and often struggle to get funding.
- Intentionality in seeking out female founders is crucial, and partnerships with female-focused funds like Speedinvest can make a significant difference.
- The early days of SaaS startups are critical, as companies need to quickly adapt to customer needs and market changes to stay ahead of competitors.
- Even in the face of failure, entrepreneurs need to be resilient and focused on the next step, rather than getting bogged down in disappointment.
- Building a strong team with diverse skills is essential to scalability and success.
- Understanding customer needs and deliverability is key to staying ahead in the SaaS market.
- Cultural fit within a company plays a significant role in employee happiness, productivity, and overall success.
- The angel ecosystem can be highly fragmented, with many female founders being overlooked in favor of more established networks.
- Intentional investor involvement and outreach efforts can make a significant difference in the success of female-founded startups.
- Diversity in a company’s leadership and team members is critical to building a strong culture and staying competitive.
- Partnership and collaboration with other players in the industry, especially other female founders, can provide valuable support and resources.
- Focus on the customer’s needs and solution is key to staying ahead in a competitive market.
- The importance of having a strong brand identity, and how this sets the tone for the company’s values and culture.
- The role of fundraising and how it can affect the growth and success of a startup.