Marcin Szelag

@tomik99 30FTE i pokrywasz glowne funkcje. Efficiency Score to 100k revenue per FTE. Czyli mamy jakis ~3,6M run rate. No i teraz cala ukladanka z acv, churnem, czasem. Wyjdzis Ci ile przepalisz zanim teoretycznie zrobisz break-even. Niestety to teoria. Praktyka duzo trudniejsza.

Z moich doświadczeń zbudowanie samodzielnie małego SaaS o globalnym potencjale do progu rentowności kosztuje od 5 do 15m pln. W zamian dostajemy produkt o wartości 100+m pln. Czy prowadząc agencję warto podjąć to ryzyko? Moim zdaniem warto. Już jutro na WordCamp. #WCPL

@tomik99 Generalnie sie zgadzam chociaz tutaj jest wiele zmiennych a spread pomiedzy 5 a 15 jest duzy. Patrzac na ostatnie wyceny na public saas, to te 100M tez jest taki „best” case gdzie prawdopodobienstwo jest niskie. Moje doswiadcczenie jest takie:

Click the link below for insights from @felipeacosta, our Co-Founder & CEO, on the past year and predictions for human-centric #maintenance in 2023, as shared with @ThisWeekinFM 🚀 👉 ow.ly/1fxQ50Mpj1M ⬅️

Getting old is a bitch! No matter where you stack in the social ladder you can’t escape it. Enjoy the ride. Be here and now. #nostalgic

We all know that 99% never make it.

@KamilStanuch @KamilStanuch rozbawiles mnie do lez - musze sobie zrobic taka sesje :)

To jest fryzura, która wskazuje, że długi weekend we Wszystkich Świętych spędzasz w Monaco, a jeśli nie to na pewno wzdrygasz się jak ktoś pomyli chateaubriand z winem. Niewykluczone też, że jesteś adwokatem, albo często z nim musisz rozmawiasz.

W skończonym czasie prawdopodobieństwo upodobnienia się do Ernesta Hemingway wśród mężczyzn zmierza do nieskończoności.

@SerialAcquirers Thanks @SerialAcquirers for the opportunity to share some of my thoughts. It was fun to chat :)

FRESH INTERVIEW: Constellation Software in CEE @MarcinSzelag, at the newly founded subsidiary Orbit, shares his story and view on acquisitions "My goal is to build Orbit into the largest portfolio of VMS companies in CEE" acquirers.com/post/constella…

@clemnt It would be great to compare these by churn and EBITA. I wonder how many of them are still money loosing and how many profitable. Also given the recent compression in valuations it would be great to also see their performance vs last round valuation or IPO price.

Interesting metrics about vertical SaaS unicorns: 1️⃣The median time for a vertical SaaS company to achieve unicorn status is 5.5 years. 2️⃣The median amount of investment in a vertical SaaS company when they became a unicorn was $266M. mailchi.mp/bfb4079392cb/h…

@dctanner #ValueInvesting :) buying companies at 50c on the $1

Really enjoying the Nomad letters so far, it's fascinating following along as their thinking evolves over the years.

Just ordered the Nick Sleep Nomad Letters as a one off print-on-demand hardcover book. Will hopefully make for an enjoyable reading experience. igyfoundation.org.uk/wp-content/upl…

@TPhilomaths @arnaspdk @swedishtechwkly @Siftedeu @amyrlewin @drnovac @dealflowes @jaimenovoa @JoseKotilainen @startupestonia @changeventures Thanks for the mention!

@arnaspdk @swedishtechwkly Good question! Europe all - @Siftedeu by @amyrlewin team also Europe - fantastic SundayCET by @drnovac Spain - @dealflowes @jaimenovoa Nordics - Nordic Notes @JoseKotilainen CEE round review - @MarcinSzelag Estonia - @startupestonia Baltics - @changeventures letters

Very compact & informative - good work @swedishtechwkly!

We know the new year is just around the corner and that we should be hanging our Christmas stocking and looking back at a successful year but... why stop now? 2021 might be coming to an end but Infraspeak is just getting started. ANNOUNCING OUR €10M SERIES A 😎

"Train hard and focus on what you can control." –@JamesClear

@rditrych @PitchBook @fredwilson avc.com/2021/11/seed-r… I wonder what you think about the suggestions Fred made

@MarcinSzelag @PitchBook @fredwilson That’s a venture business… majority of cases won’t work, outliers are those that will justify economics of the ecosystem as a whole. @MarcinSzelag could you share relevant @fredwilson article?

I’m curious if recent #correction 📉 of public #tech companies valuation will cause some reversion in pre-money #valuations for private early stage comps. The trend have been like that so far👇📈 - source: @PitchBook #investing #startups #valuations

@axeliaklein @creandum @changeventures @innovationnest @CredoVentures @teller @ContrarianVC @BlackPearlsVC Hey @axeliaklein, thanks for mentioning @innovationnest. I've been putting together this research roundsreview.substack.com for the last 18 months. I have tracked >1k funds active in CEE :)

Who are the VCs backing pre-seed and seed companies in CEE that everyone should know? Some that come to mind: @changeventures 🇪🇪, 🇱🇻, 🇱🇹 @innovationnest 🇵🇱 @CredoVentures 🇨🇿 @teller (Lemonade stand) 🇪🇪 @ContrarianVC 🇱🇹 @BlackPearlsVC 🇵🇱 Who did I miss? (plenty for sure!)

@GolaBartek $2 bln wyceny a buty nadal brzydkie jak noc.

@tiboel @folk 🙏

How the hell do I choose my CRM? 🤔 At @folk, we have worked on a guide to help you find the CRM to perfectly fit your needs. Just reply below and we will send our free guide your way!💌

@rditrych @vercom_sa Well, hard to beat $CSU as their current market cap is around $40B. Small and midcap Software M&A will be the next big thing. $CSU might also be coming after #CEE :)

#Zenbox acquired by #R22: Value: 18m PLN EV/Revenue 2.7x EV/EBITDA 12x Another interesting transaction after 🔥: #Sellintegro #PushPushGo #Freshmail #R22 & @vercom_sa going to be ConstellationSoft of CEE? M&A is such underutilized strategy in Tech! #SaaS #consolidation #deal

“lofi vc” by @ncsh link.medium.com/iLeBHW5cVjb I wonder how many investors look at the current funding landscape and ask „is every body nuts?”

@gonsanchezs @Allegro_Group in Poland

Which companies have been catalyzers/inflection points for tech ecosystems? - Skype: EU/UK - Rocket Internet: Germany - Fairchild Semiconductors: Silicon Valley - Canva: Australia - MercadoLibre: LATAM