SaaStr Annual 2019 has come and gone, but the long-lasting energy it creates is proof that this yearly event remains the most significant gathering of SaaS entrepreneurs on the planet.
For Lighter Capital, SaaStr is all about making real-world connections with SaaS entrepreneurs.
There’s no place better for this than the SaaStr Annual – it’s epic!
SVB’s Kevin Conway and some of Lighter Capital’s team poses with “Saasquatch” at SaaStr Annual 2019.
As part of our mission, we were thrilled to announce a strategic partnership with Silicon Valley Bank (SVB) just before the conference. This partnership centers around a joint website – https://svb.lightercapital.com – where together we provide startups with one online destination for quick access to capital and a bundle of tailor-made banking services and debit cards.
Tuesday we had a Happy Hour co-hosted by Intuit Developer and SVB. 400+ attendees. Crazy.
Wednesday we co-hosted with SVB three CEO dinners with existing clients and companies we hope will soon be clients. Talking with our existing clients is the best – they are so amazing. Creating amazing companies, employing tons of people, forging a hard but rewarding path – true heroes!
Entrepreneurs Are Amazing
I had the pleasure of talking with several founders to whom we’ve provided funding, talking about how we could serve them better. Improvements to capital structures, building community among the entrepreneurs we’ve funded to help them share insights and stories, more tools to help companies grow, and much more. The input is great. It’s great to hear how we can serve entrepreneurs better than we do today.
Although I’ve been an entrepreneur and spent much (too much!) of my life raising money, everyone’s experiences, needs and pains are unique.
New Funding Structures: Term Loans and Lines of Credit
The positive feedback I often receive is that “Lighter Capital has allowed us to grow and retain equity.” Typically, our revenue-based financing structure is very attractive to early stage startups.
Now we’re proud to be rolling out new funding structures – term loans with forward commitments and lines of credit – to serve companies better. The more options we can provide entrepreneurs over more stages of their companies’ growth, the better.
Thank You, SaaS Entrepreneurs!
Whether you’re a first time client or one that we’ve provided multiple follow-on rounds, no matter the case, it’s truly a pleasure and honor to work with all of you.
We also look forward to working with the many exciting startup founders we met at SaaStr Annual 2019.
If we missed you at the event and you want to learn how our non-dilutive growth capital can ignite your startup’s growth, contact us today and our investment team will get in touch with you shortly. We look forward to hearing from you!