Layoffs and H1-B visas, SaaS development levers, blockchain startup ideas • TechCrunch


For cash-strapped SaaS startups making an attempt to achieve scale, the mathematics doesn’t look nice.

A droop within the public markets has dragged the whole sector down, however buyer acquisition isn’t getting any cheaper. Within the meantime, runways are shrinking like a wool sweater in an electrical dryer, and groups that hope to fundraise higher have some excellent news to point out potential buyers.

So, what’s the plan?

“The secret is to concentrate on scaling sustainably by tapping into more overlooked and underrated sources of revenue,” says Paddle CEO Christian Owens.


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In his TC+ visitor put up, Owens shares a number of techniques “SaaS leaders can use to supercharge their enlargement income,” resembling including upsell tiers and charging prospects for precedence help.

Only for a second, overlook about onboarding new prospects.

Seed-stage startups that display robust good points in enlargement income, i.e., cash “generated after the shopper’s preliminary buy,” will all the time get a re-assessment from buyers.

And boosting enlargement income throughout a downturn? Effectively, that’s much more spectacular.

I gained’t be sending a TC+ publication on Tuesday, October 18, however will return per week from at this time with extra assets for founders and early recaps from TechCrunch Disrupt.

Thanks very a lot for studying,

Walter Thompson
Editorial Supervisor, TechCrunch+
@yourprotagonist

Expensive Sophie: How can I shield my H-1B and inexperienced card if I’m laid off?

lone figure at entrance to maze hedge that has an American flag at the center

Picture Credit: Bryce Durbin/TechCrunch

Expensive Sophie,

I’m contemplating leaving my present, regular job for a job with a giant identify in tech. I’m excited, however nervous.

I’ve been listening to which you could lose your H-1B standing if you’re laid off. Is there any manner I can shield my immigration standing whereas making a daring job transfer?

— Leap of Religion

Expensive Sophie,

My early-stage startup hasn’t been in a position to rent as shortly as I would really like resulting from fierce competitors. Now that we’re seeing some motion within the job market, we predict we are able to most likely lastly compete for some high engineering expertise in our funds.

How can I rent individuals who have been not too long ago laid off on H-1B?

— Strategic Sponsor

DIY: 5 methods disruptive part startups can win over OEMs

A skilled blacksmith works in his workshop hammering an iron at high temperature on his anvil to create a new piece by making many sparks fly in the dark; hardware startups

Picture Credit: Alan Rubio (opens in a new window) / Getty Photographs

{Hardware} startup founders have a uniquely exhausting time.

Solely a small fraction of tech buyers will even take conferences with them, and constructing product pipelines is usually an irregular, chaotic course of.

As a substitute of counting on gross sales and advertising and marketing groups to construct a buyer base for his {hardware} elements startup, Ori Mor’s firm began constructing gadgets that used his firm’s tech.

“There’s no level speeding when constructing a {hardware} startup,” says Mor. “As a substitute, begin by making only a single prototype that you should utilize to point out OEMs.”

‘Me too’ investing is consuming returns

Conceptual image of falling hugging hearts falling against a plain background.

Picture Credit: Catherine Falls Commercial (opens in a new window) / Getty Photographs

Contemplating the variety of buyers who’re all-in on e-commerce, fintech, cybersecurity, cloud infrastructure, crypto and B2B SaaS, a room filled with VCs would possibly appear to be a crowd of Spider-Man clones pointing at one another.

“Marc Andreessen as soon as mentioned that ‘software program is consuming the world,’” writes Alan Feld, founder and managing accomplice of Classic Funding Companions.

“Sadly, ‘me-too’ investing is consuming returns,” he says, suggesting that buyers get out of their rut and discover “4 comparatively underfunded areas that would produce large winners over the following 10 years.”

The best way to go from standard to worthwhile throughout a downturn

Paparazzi

Picture Credit: Patrik Giardino (opens in a new window) / Getty Photographs

Product-led development startups are like a automobile with a guide transmission that wants a push to get going: One driver simply can’t do all of it on their very own.

In accordance with Nick Mills, whose gross sales expertise contains stints at Stripe, Fb and CircleCI, “all firms finally face an identical problem: To continue to grow, gross sales groups should be employed and a pipeline should be constructed.”

After explaining easy methods to calculate your serviceable addressable market, AKA “the piece of that pie you’ll be able to win proper now,” Mills reveals easy methods to outline product-qualified leads that can get gross sales engines firing on all cylinders.

“Telling buyers about your viral person development is now not sufficient,” says Mills. “They wish to know the way it interprets to income, resilience and runway.”

TechCrunch Disrupt 2022: Taking the BS out of your TAM

Each founder should perceive the sector wherein they intend to compete, however calculating Whole Addressable Market (TAM) is a frightening course of, particularly for first-timers.

In actuality, TAM simply is a planning instrument that provides potential buyers a greater understanding of an organization’s upside potential.

Subsequent Wednesday, at TechCrunch Disrupt in San Francisco, I’m moderating a dialogue with three buyers to learn how they strategy TAM and what they’re on the lookout for throughout a pitch:

  • Kara Nortman, managing accomplice, Upfront Ventures
  • Aydin Senkut, founder and managing accomplice, Felicis Ventures
  • Deena Shakir, accomplice, Lux Capital

I’ll ask them to share techniques and techniques for locating TAM, easy methods to calculate it for brand new services and products, and the crimson flags they see most frequently from novice entrepreneurs.

Be sure that to carry heat layers for those who’re visiting SF for Disrupt — for those who can’t make it, please be a part of us on-line.

6 ideas for launching a blockchain startup

It is going to take far more than a downturn within the public markets, report inflation and international instability to get between blockchain founders and their goals.

Sadly, “having a stable roadmap, real-world use circumstances and a conflict chest are solely a small a part of a blockchain startup’s survival technique,” advises Wolfgang Rückerl, co-founder and CEO of Istari Imaginative and prescient and Entity.

Though it’s true that lots of the abilities required to launch an early-stage startup additionally apply to web3 firms, “the street to attaining success within the blockchain trade is paved otherwise,” he writes.





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