SaaStr · 2015-03-18
· 4095d
Jason Lemkin on SaaS Metrics, Time to Product-Market Fit, and Scaling Strategy
Jason Lemkin, Managing Director at Storm Ventures and founder of SaaStr, discusses key lessons from his two successful SaaS exits and shares insights on metrics, hiring timelines, and common scaling mistakes. He emphasizes that time is critical to achieving product-market fit, proper unit economics are essential for VC investment, and early investment in customer success directly impacts churn reduction.
Metrics in this report
Customer Deployment Success Rate
100%
target goal
All deployments
Fast Deployment Success Target
30days
best case
Time to achieve 100% deployment success
Optimal VP of Sales Hire Timing
1million $
plus or minus
ARR milestone after 2 performing sales reps
SaaStr Annual Event Attendance
2000participants
actual
First SaaStr Annual event
Time to First Million ARR
2years
example
EchoSign SaaS startup
Time to Product-Market Fit
24months
typical
SaaS companies from Day 0