10 Things That Change When You Stop Bootstrapping

You’ve finally done it – you received that big round of funding and you’re ready to say goodbye to your cash-starved bootstrapping days. But with all this new capital comes several hard truths you’ll have to face. Matt Holleran, General Partner at Cloud Apps Capital Partners, moderates this session led by Kristen Koh Goldstein, CEO and Founder of Scalus. Thanks to her experience founding two companies prior to Scalus and working at fast-growing software companies over the last 20 years, Kristen has a unique perspective on what happens when you stop bootstrapping. She reinforces the adage to hire slow and fire fast – even if the guilt of letting someone go can crush your soul. As your team grows bigger and bigger, the company culture changes. What was once a tight-knit family turns into a village. Villages need structure, things get harder and the complexity you have to navigate morphs into an immense beast. You’re in for a wild ride, but as founders of SaaS companies, we kinda love that part, don’t we? Transcript: http://www.saastr.com/kristen-koh-goldstein-scalus-10-things-that-change-when-you-stop-bootstrapping-video-transcript/ -- TUES EXPO STAGE: 10 Things That Change When You Stop Bootstrapping is produced for SaaStr - SaaStr | Getting From $0 to $100m ARR Faster. With Less Stress. And More Success. - http://saastr.com/ all about sales, revenue, and scaling SaaS companies Video Production by: 90 Seconds SEA - 90 Seconds - The Worlds Cloud Video Production Service - http://90seconds.com.sg 90 Seconds enables brands and agencies to get high quality online video content shot and produced anywhere in the world. 90 Seconds makes video production fast, affordable, and all managed seamlessly in the cloud from purchase to publish.