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NEXT Update #88 - Run Less Software!
NEXT Amsterdam
March 3 · Issue #88 · View online
3 long-reads about startups and entrepreneurship in your inbox every Saturday morning. Plus a free update on what's happening at NEXT. NEXT Amsterdam is a startup studio from Amsterdam.
Run Less Software
blog.intercom.com – Share
Great great great read about how Intercom thinks about developing software. Worth your time!
Dropbox S-1 Analysis - The King of Freemium
tomtunguz.com – Share
Founded in 2007, Dropbox epitomizes the freemium go-to-market. Dropbox has grown from 0 to 500 million users over that time period. 2% of those users convert to paid and pay an average of $9.33 per month. 90% of revenue originates through self-serve channels - an astounding figure for a company that generated more than $1B in revenue last year.
For Fundraising, Seed is No Longer a Round, It's a Phase
hunterwalk.com – Share
"We did a pre-seed, followed by a seed, then a bridge and an A. Now we're raising an A-2 to scale. But it's definitely not a B – that'll come in 18 months." What?!? Makes me wish we'd just adopt version numbers, a la software releases – Round 1, Round 2, Round 2.5 and so on.
From NEXT
Investment should not be the single goal of a founder.
blog.next.amsterdam – Share
"Can you tell me what you would look for in a startup so I can properly build my MVP?"
I am at a Meetup where investors (VC's mostly) sit around the table with SaaS startups. Others are nodding at this question, it is the thing they want to know as well.
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