Allan Tear

⏱️ As a result, wind-downs will continue to rise for the next year 📣 Shoutout to the South, which has doubled their share of VC from 10% to 20% in the past few years! (These are my takes from Carta’s data, @PeterJ_Walker may not agree!)

Some thoughts from @cartainc 2023 VC data, #saastrsummit preso: 📉Minus AI, fundraising is still in a slump 😔 M&A hasn’t saved the day because acquirers and startups can’t agree on value 🪡 Now on other side of economic dip, but pain still ahead due to fall fundraising jam 1/2

@maria_g_thomas @joelgascoigne @tmrohan It was a start, and I hope that Bootstrapped / revenue-first programming & workshops grows. Most of the speakers were still about “growing huge with VC” and most of the founder audience was not in that lane. #SaaStrsummit

@joelgascoigne @tmrohan Can't agree more. Attending SaaStr this year validated this thought, where I met many startups and founders who bootstrap. Conference organizers ensured that VC-backed and bootstrapped companies were represented equally in speakers and presentations. Big change!

“Increasingly, founders are seeking freedom from the risk and control of the perpetual pursuit of venture capital. Instead, they’re ready to reroute their time, efforts, and attention to building enduring companies on their own terms.” – @tmrohan trohan.com/2023/08/20/rai…

@Kellblog What it lacked in incisiveness, it made up for in glib obfuscation.

@allantear Amazing, right?

ABM is Not B2B and Other Rants on Account-Based Marketing - Kellblog buff.ly/3xMrhep

A new era in startup funding is coming. Founders will couple the growth of select VC with the durability of bootstrapping. Less capital, more self-reliance. It will liberate founders from the VC hamster wheel to build better. Raise Less, Build More: trohan.com/2023/08/20/rai…

Listening to @DavidSacks and @jasonlk at @SaaStrAnnual predicting mortality rate of seed co’s will be 80% for a while (up from 20% the last few years). Series A crunch settling in hard according to them.

Kudos to the @SaaStrAnnual team for the # of women and POC speakers sharing the stage at #SaaStr2023. You put your back into it, and it shows. 👏

First 💡 ⚡️ idea so far at #saastr2023 @Capchase has launched Capchase Pay, a buy-now pay-later solution for SaaS. Enables SaaS companies to offer monthly subscription payments while preserving annual pricing. Free up to $250K ACV

@robertmclaws Yeah! I have your product open in my browser right now as a reminder to dive deeper.

@allantear I’m not at SaaStr, but we should chat at some point. I feel like we have similar missions.

As the SaaS market matures, revenue-first startups are more prevalent, more scalable, and are creating better founder outcomes. Let’s talk revenue growth and how to fund it at #SaaStrsummit this week. Calendly.com/allantear

@BasileGSenesi @join_arc Hey Basile I’d like to hear some more about Arc for our portfolio. I’m here at SaaStr as well

It's conference season again here in the Bay Area... I'll be at #SaaStr tomorrow for the day - rest of team @join_arc will be there all week! Happy to chat startup banking, Venture, or share way too much about our newest wine that just came into the winery this morning!

What’s up West Coast! Show us what’s good at #saastrsummit Checkbooks are open… #revenuefirst revupfund.com/blog/saastr-he…

aaaand looks like I've got to light up the ol' X account since I'm back on the road again for @revupcapital HMU at SaaStr Summit, Boston Generative AI Meetup, Business of Software Conf (in NC this yr!), and more We're spreading the cash around for #revenuefirst startups

Meeting founders at #BlackTechWeek in Cincy. Ready to write some checks! Revupfund.com

@rlj_law @RallyLegal I was wondering about Spellbook. Have you tested it against generalized GPT4?

Even with a typo in my prompt, Spellbook (@RallyLegal) provided a REALLY solid response...

Years ago, @MizWithers and I fell 😻 with David’s give-first, no bullshit approach to founders and the startup community. Having him as an investor in RevUp is a true highlight 💫

Just made #angel investment #100. Excited to formally back @MizWithers @allantear @revupcapital!

Aged well 🍷 🧀

@jasonlk @saastrfund @firstrepublic Leaning the same, and was told the same from JPMC

Obviously need a new banking relationship for @saastrfund now Going to open account up at @firstrepublic this week It will be fine, and almost certainly the easiest bank for a smaller fund manager to work with (For real)