[SaaS Club] How not to raise capital for your SaaS startup

Going out to raise money for your startup can be overwhelming, especially if it's the first time that you're doing it. As a founder, you have a business to run and if you're not careful, fundraising can easily consume all your time.
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Hey, this is Omer...

Here's a quick round up of what's been going on:

🎧 Podcast
We just published the latest episode of The SaaS Podcast:

305: How Not to Raise Capital for Your SaaS Startup

Brian Parks is the founder and managing partner of Bigfoot Capital, a company that specializes in lending growth capital to B2B software companies.

Going out to raise money for your startup can be overwhelming, especially if it's the first time that you're doing it. As a founder, you have a business to run and if you're not careful, fundraising can easily consume all your time.

Brian has an interesting background. He was an investment banker for several years. He's raised money as a startup founder himself. And now he's investing in early-stage SaaS companies and recently raised $30M for Big Foot Capital.

So he has a unique perspective on fundraising and I thought it would be helpful to have him share his insights on how founders of SaaS companies that are looking to raise money, can increase their chances of success.

In this episode, we're going to talk about 5 mistakes that startup founders make when it comes to fundraising, how you can avoid making those same mistakes, and we'll share some actionable steps to help you raise capital with more confidence.

Listen on the
web, your favorite podcast app, or in the private community.


📕 Book of the Week
This week's recommendations are "Grant" by Ron Chernow and "A Confederacy of Dunces" by John Kennedy Toole.


💬 Join the Community
Want to join a community of early-stage SaaS founders and entrepreneurs? You can now join the SaaS Club community for free!
Join the community for free


😍 Let's Get Social
Want to get more social? Follow me on Twitter or LinkedIn.

-- Omer

P.S. whenever you're ready, here are 3 ways I can help you with your SaaS:

1. Group Coaching: Do you need coaching for an affordable price? Join me for live coaching calls every 2 weeks, access the archive of recordings, and more.

2. 3-Month Bootcamp: Need more help getting to your first $10K revenue? You will get 10 weeks of training, live group coaching, email support and more.

3. Private Coach/Advisor: Want to work directly with me? I'll help you get the clarity & focus needed to execute confidently and get breakthrough results.





























Older messages

[SaaS Club] From engineer to CEO of Introhive

Thursday, January 20, 2022

Jody and his co-founder Stewart started Introhive in 2011 and have grown it into a SaaS business doing tens of millions in revenue, about 400 employees, and have raised over $135 million in funding. ‌

[SaaS Club] Concierge MVP

Thursday, December 16, 2021

One of the biggest reasons why Mitch was able to build a 7-figure SaaS business in 18 months was because we first built a concierge MVP without even realizing it. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

[SaaS Club] From growing to buying SaaS companies

Wednesday, December 1, 2021

Hey, this is Omer... Here's a quick round up of what's been going on: 🎧 Podcast We just published the latest episode of The SaaS Podcast: 301: How Raj Sheth Went from Growing to Buying SaaS

[SaaS Club] Listener stories...

Wednesday, November 24, 2021

Hey, this is Omer... Here's a quick round up of what's been going on: 🎧 Podcast We just published the latest episode of The SaaS Podcast: 300: Listener Stories - Early Stage SaaS Founders

[SaaS Club] Content Promotion for B2B SaaS

Friday, October 29, 2021

Hey, this is Omer... Here's a quick round up of what's been going on: 🎧 Podcast We just published the latest episode of The SaaS Podcast: 299: A Guide to Content Promotion for B2B SaaS

You Might Also Like

🔴 Afraid to quit your 9-5?

Thursday, May 2, 2024

you need to see this Dear , Is fear stopping you from leaving your 9-5 and following your passion? Here's a roadmap to overcome it: Educate Yourself: Fear comes from a lack of thorough knowledge.

[SaaS Club] How a Founder's Perseverance Built a 7-Figure SaaS

Thursday, May 2, 2024

The SaaS Club Newsletter Hey Reader Here's a quick round up of what's been going on at SaaS Club: In this week's newsletter: Dreamdata's $1M ARR journey—perseverance pays Boopos: Buy or

📂 Pick an initial price to learn from

Thursday, May 2, 2024

​ ​ ​ ​ Today's newsletter is proudly supported by Embarque 🎉 ​ For two years in a row, SaaS founders and marketers reported content as the #1 driver of growth according to the State of SaaS

I met with BAD-ASS high school entrepreneurs

Thursday, May 2, 2024

Happy THURSDAY! Happy SPRING! Quick update on what's been going on before this week's email… ✅ What happened: Florida trip. Much needed family time. Booked a photoshoot for my pregnant wife

🗞 What's New: Stand out from your competitors

Thursday, May 2, 2024

Also: Choosing which mountain to climb! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Growth Newsletter #176

Thursday, May 2, 2024

Teardown of an emotionally powerful ad ‌ ‌ ‌ Demand Curve Read on demandcurve.com The Growth Newsletter #176 Teardown of an emotionally powerful ad Signs you're marketing nerd: You stop to watch

This will make you a better decision maker | Annie Duke (author of “Thinking in Bets” and “Quit”, former pro poker…

Thursday, May 2, 2024

Annie is a former professional poker player, decision-making expert, author, and special partner at First Round Capital. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Why the F We’re Still Doing This, Xiaomi EV Launches, and 12 Startups Raised $320.8M Last Week

Thursday, May 2, 2024

Week of April 7, 2024 - 12 Silicon Valley Startups Raised $320.8M Last Week, Why The F We're Still Doing This, Why an Email Company Makes Sense for Intuit and Xiaomi EV Launch in Guangzhou ͏ ͏ ͏ ͏

Top 10 Most Funded AI Companies as of April 2024

Thursday, May 2, 2024

Week of April 15, 2024 - 13 Silicon Valley Startups Raised $298.1M Last Week, State of AAPI in Venture Capital and Generative AI Brings San Francisco Back from the Dead. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Race Capital Summit 2024 is a Wrap!

Thursday, May 2, 2024

Week of April 22, 2024 - 14 Silicon Valley Startups Raised $607.3M. How to Pitch Your Startup 101 in Boston. Midjourney + ChatGPT Functionality Launched in WhatsApp. Google Fires 28 Workers. ͏ ͏ ͏ ͏ ͏