At SaaStr Annual, Jason Lemkin, SaaStr CEO and Founder took questions from founders on everything from product-led growth to knowing when to sell your company.
Jason suggests looking at private equity rather than venture capital for companies with $35M ARR."
"A lot of folks that have been around for a while don’t really believe there’s any such thing as product-led growth," Jason explains.
Jason's take on scaling beyond founder-led sales motion is to do whatever you know and founder is good at as he/she can get better results there.
If founder reaches product-market fit, "Word of mouth is ultimately the only way you can build a great product in SaaS," Jason emphasizes.
Regarding the “build or buy” narrative, Jason believes it is often used as a bullying tactic.
"It’s a false choice," Jason shares regarding the bootstrapping vs VC funding debate.
Focus on building a product that customers love instead of chasing latest trends or funding strategies is the key takeaway from the AMA with Jason.