The tech sector has been facing some choppy water in recent months. Global VC investment plummeted putting even the sturdiest software startups under huge financial strain. Which companies withstand that pressure and survive the funding drought will depend almost entirely on strategic decisions made at an executive level.
Many SaaS founders and CEOs focus more on driving rapid growth than they do on their long-term prospects — because after all, they assume, if you’re growing fast enough then the capital will keep flowing in and you’ll soon find your way to a strong exit. Growth is the key to success.