Rob Walling

Thank you, man. That means a lot. And if folks want to keep up with you, you are the Craig Hewitt on Twitter and obviously castos.com for the best podcast hosting on the internet. I also would like you to plug your YouTube channel if folks want to see what you're up to there. What's the URL for that?

Thank you, man. That means a lot. And if folks want to keep up with you, you are the Craig Hewitt on Twitter and obviously castos.com for the best podcast hosting on the internet. I also would like you to plug your YouTube channel if folks want to see what you're up to there. What's the URL for that?

And if folks are interested in a founder coach one-on-one when they come to me these days, if they're looking for someone who's been there in the trenches, specifically with SAS, getting to seven figures, I send them your way. So thanks for that. And thanks for taking the time today to come on the show and have a chat with me.

And if folks are interested in a founder coach one-on-one when they come to me these days, if they're looking for someone who's been there in the trenches, specifically with SAS, getting to seven figures, I send them your way. So thanks for that. And thanks for taking the time today to come on the show and have a chat with me.

Thanks again to Craig for spending an hour with me putting this show together. And thanks to you for listening today, this week, every week. It's great having you here. I hope that SaaS Launchpad is a wildly successful course, not just in sales or in revenue generation, but that its success is measured by the people who take it and change their lives through entrepreneurship.

Thanks again to Craig for spending an hour with me putting this show together. And thanks to you for listening today, this week, every week. It's great having you here. I hope that SaaS Launchpad is a wildly successful course, not just in sales or in revenue generation, but that its success is measured by the people who take it and change their lives through entrepreneurship.

If I can increase the number of people who take action and the number of folks who ship something and the number of folks who get to 1K, 5K, 10K, or 100K MRR, my job here is worth doing. I hope this episode inspired you to take action, to do something to push your business forward. This is Rob Walling, signing off from episode 730.

If I can increase the number of people who take action and the number of folks who ship something and the number of folks who get to 1K, 5K, 10K, or 100K MRR, my job here is worth doing. I hope this episode inspired you to take action, to do something to push your business forward. This is Rob Walling, signing off from episode 730.

Rob Walling Thank you so much for having me. to only those where TinySeed has written a check in the past. I guess the first check was written about five years ago. And so that gives us a pretty tight timeframe and a more cohesive decision-making approach because we've been much more deliberate about the types of businesses that we fund.

Rob Walling Thank you so much for having me. to only those where TinySeed has written a check in the past. I guess the first check was written about five years ago. And so that gives us a pretty tight timeframe and a more cohesive decision-making approach because we've been much more deliberate about the types of businesses that we fund.

So today's episode is stemmed from a question I got in a private Slack group I'm in where someone said, you're basically five years, we're six years from the announcement of TinySeed almost, but we are just over five years from the first check being written. And he asked, are there any patterns or takeaways that you're noticing across TinySeed? These 170 plus companies. And there are.

So today's episode is stemmed from a question I got in a private Slack group I'm in where someone said, you're basically five years, we're six years from the announcement of TinySeed almost, but we are just over five years from the first check being written. And he asked, are there any patterns or takeaways that you're noticing across TinySeed? These 170 plus companies. And there are.

And that's what I'm going to share today. Now I want to make a note. I have almost two dozen of these takeaways. And that's too long for a podcast episode. It would run well over an hour. So what I did is I split off six of them and I put them in a YouTube video on the Microcom channel. And it has a name similar to this. It probably just came out a couple days ago.

And that's what I'm going to share today. Now I want to make a note. I have almost two dozen of these takeaways. And that's too long for a podcast episode. It would run well over an hour. So what I did is I split off six of them and I put them in a YouTube video on the Microcom channel. And it has a name similar to this. It probably just came out a couple days ago.

And it's six things that I've learned investing in more than 170 companies over five years, something like that. So if you head to microconf.com slash YouTube, it should be one of the last couple videos published. Or you can look in the show notes of this podcast and click through directly to that video if you want to get the other takeaways that I didn't include in this podcast.

And it's six things that I've learned investing in more than 170 companies over five years, something like that. So if you head to microconf.com slash YouTube, it should be one of the last couple videos published. Or you can look in the show notes of this podcast and click through directly to that video if you want to get the other takeaways that I didn't include in this podcast.

I'm going to list these in no particular order. They just came to me in this order as I was trying to think of what are the patterns that we've seen. First one is the survivability of B2B SaaS, and maybe specifically within our portfolio, because obviously we are pretty picky, pretty choosy about the companies we let in.

I'm going to list these in no particular order. They just came to me in this order as I was trying to think of what are the patterns that we've seen. First one is the survivability of B2B SaaS, and maybe specifically within our portfolio, because obviously we are pretty picky, pretty choosy about the companies we let in.

But broader than that, B2B SaaS in general, once you get a little bit of traction, it doesn't fail very often. So more than 170 investments in approximately 2% of those have been written off, have shut down, not sold, and basically moved on to their next stack. So very, very small, what I'd call a failure rate, much, much smaller than you would see in a traditional, more risky venture fund.

But broader than that, B2B SaaS in general, once you get a little bit of traction, it doesn't fail very often. So more than 170 investments in approximately 2% of those have been written off, have shut down, not sold, and basically moved on to their next stack. So very, very small, what I'd call a failure rate, much, much smaller than you would see in a traditional, more risky venture fund.