Mike Preuss

@vitalygordon This is really neat. I got solid results as well.

@robkhenderson Interestingly enough, this prompt below returned decent results: Based on our chat history, what are the top 5 things I changed my mind about this year?

What did you change your mind about this year?

I recorded a fun podcast episode with @MikePreuss of @VisibleVC recently. We got into the weeds on fundraising tactics and strategies, deck tips, how to get more value from VCs, and other practical topics. Video: youtu.be/bVKD5On7CQM?si…

@NWischoff @Stealx $5k for a day pass for a concierge service. Or you can enter the lottery in a few weeks and if you win it is $125 a day.

@Stealx How much

Serious question - how does one attend the Masters?

For that ACV, a high-performing rep can close 8-12 deals a quarter. It's hard to explain the rule of thumb here, but it usually works out that way. (fact check me of course!) Your Twitter game is on point and likely part of CAC and getting early adopters on board as well. They are bought into the vision.

@MikePreuss this is a super helpful benchmark

Am I thinking about this right? Iris has paid $0 to acquire customers so far. If we spent $2m/yr on marketing & sales, lets just say our avg 12mo ACV is $24k - if we had 12mo LTV:CAC of let's just say 6:1, this would mean I could spend $4,000 to acquire a single customer (which is an insane thing to think about) $2m/yr budget is $166k/mo, at $4k CAC is 42 customers, at $24k ACV is $1,000,000 of net new ARR, per month What am i missing? Not enough good places to deploy $166k/mo in b2b saas S&M? $4k CAC would be insane. I could take all of you to Nobu and by u TVs and be at half of tht

@drewfallon12 Nice. I'd say that once you transition to non-founder sales, you can expect 20-25% of the ACV to be used solely for AE comp. (saastr.com/a-very-simple-…) Efficiency will deteriorate as well. No one is as good at selling as the founder and founding team.

@MikePreuss if you do it this way, it’s around $50 CAC out of my time

For those who have migrated off of @stripe, where did you go? I have a major payout issue that has not been resolved and looking at other options now.

@ClayNorris10 @documenso Thank you, sir. I love whne you know something could be a great fit just based on their website hero :)

@MikePreuss @documenso

Does anyone have a recommendation for e-signature dev tools and integration?

@dgp Thx! Yep we are building out own :)

@MikePreuss Do your own. Would be so easy and better organization of documents. And tell me what you are planning. I prefer you be the cap table before you go into docs but if it must be docs I will give it a try.

@NWischoff Being able to query your notes is a total game changer.

Just used Granola AI for the first time to take notes for me. Totally insane product. Highly recommend. Not an investor sadly.

@crabbycrably Wrong Visible :) Just wanted to let you know so you can get an answer from correct person.

@MikePreuss Is there a reason why Visible+ now throttles video to SD on UW with ~500+Mbps of capacity? and why does UW throttle to 30Mbps once the 50GB LTE/low band 5G gets used up? Was getting 350Mbps prior, now ~35-37Mbps on UW.

Venture funds can now turn emails, board decks, and financials into structured portfolio insights with the @VisibleVC AI Inbox! I am incredibly proud of our team! We'd love your support on Product Hunt today, too! producthunt.com/posts/visible-…

Today: Stripe Sigma let me write a query using natural language and AI; I also signed up for Hello Fax to get a letter from the IRS.

I am looking at testing out some new ticketing and support tools for Visible. HubSpot does not appear to be investing in chat, support & knowledge base tools. Any suggestions?

@AlexisNeuhaus DM Me!

@MikePreuss @tylertringas @calmfund We have the same need, so we would appreciate the info as well. Thank you!

Several @calmfund companies are hunting for a new accountant who understands remote-first software businesses (surprisingly hard to find). Any referrals?

@adambain @davidbfischer @dickc Congrats @adambain!

We have raised a $395m Fund 3! Even better: @davidbfischer, former Facebook CRO, is joining us as Partner! techcrunch.com/2023/11/07/01-… After years of competing against David, it’s amazing to be on the same side of the table now. @dickc and i feel so lucky to work with him :) Our for-operators, by-operators fund is prob the only one where the partners have previously taken their companies from $0-$123B in yearly revenue. (Yes, David represents $121B of that!) And, @LiatBycel has joined us as an Operating Partner to work with our portfolio companies. Liat helped grow Airtable to $200m ARR — she’s incredible! Our focus is still the same: We come in right after companies have found product-market-fit and we help with scaling and GTM. We are mostly Series B but also late As. We love B2B SaaS (most of what we do) but would like to find some more consumer biz too! We work with Founders at a very critical time: when their companies are scaling and those Founders/CEOs are looking for help from people who have been there before. If you’re a Founder who is about to go thru a scaling moment, my DMs are open!

@WaqarSaaS Thanks! Will check it out.

@MikePreuss Try usermaven.com, you'll love it.

Google forces GA4 but does not allow for Weekly or Monthly data anymore. Has anyone found an alternative that is better and inexpensive?