Investing in revenue-first businesses through RevUp Capital. Trying to be 1% better every day.
Providence, RI
Joined December 2008
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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
⏱️ 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!)
Allan Tear retweeted
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/raise-…
Allan Tear retweeted
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
Allan Tear retweeted
What’s up West Coast!
Show us what’s good at #saastrsummit
Checkbooks are open…
#revenuefirst
revupfund.com/blog/saastr-he…
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
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
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 💫
I’ve invested in like 70-something SaaS companies and the number of times that I’ve taken an hour to explain what @jasonlk has explained in a 10 min blog post is 🤯 innumerable. Srsly founders, just read that shit like it’s your job.
Video meetings are great and all, but breaking bread with founders and swapping stories is still magic ✨
Unlike slide decks, cold emails/DMs have gotten 0% better in the last decade 📧
💩 They may have actually gotten shittier
🤔 Why?
Founders, this is a real thing. Have seen many small exits that make founders wealthy, and big exits where founders get surprisingly little. know your path, do your math.
