Posts in startups

Instagram should thank Apple

At first I was like…WTF…1 billion dollars. That seems outrageous for a 7 member startup that has $0 revenue. I even posted my initial reaction on Twitter. So with $0 in revenue you can sell for $1 Billion dollars. We live in interesting times. — Sahil Parikh (@sahilparikh) April ...

You win some, you lose some. Common reasons for churn in a SaaS business.

You work rigorously at getting your product shipped and aquiring customers. Then, after a month, all of a sudden you start seeing cancellations. This is one of the most frustrating parts of running a SaaS business. To add to the wound you don’t know why people cancel; UNLESS you ...

Posterous Sold! What is means for consumers and SaaS startups

I moved my personal blog from self-hosted Wordpress to Posterous in December 2009. Being happy with the simplicity of Posterous I moved the DeskAway blog to its platform in early 2011. In 2010 my wife started blogging so I told her to use Posterous (now she doesn’t trust ...

How to get your SaaS business its first 100 customers? (InformationWeek)

I’ll take you back to 2007. We spent almost a year developing our Software As A Service (SaaS) project collaboration product, DeskAway. It was ready to go live but the uphill climb of getting our first 100 customers had just begun. We wanted to be profitable while bootstrapping. Luckily, ...