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    David Cummings

    davidcummings.org · Personal blog · on HN since 2010

    David Cummings, an Atlanta entrepreneur who bootstrapped Pardot, writes about startups, SaaS, fundraising, and investing.

    Visit blogHN submissions
    StartupsBusiness & StrategyFinance & Investing
    What HN says

    HN links it for startup and SaaS advice, including his notes on the Twilio S-1, and commenters point to his background building Pardot.

    Stats for nerds
    48HN people shared it
    58linked in comments
    124story points
    Feb 2018last shared
    2010people per year2018

    Top posts on HN

    1. 1
      Quick Specifics on a Newly Formed Startup
      1 person · 11 points · first shared 2010 · 2 comments on HN
    2. 2
      How Much is Enough
      1 person · 7 points · first shared 2013 · Discussion on HN
    3. 3
      Startups Should Say No to Most Opportunities
      1 person · 6 points · first shared 2010 · Discussion on HN
    4. 4
      50 Things Every Startup Should Know
      1 person · 5 points · first shared 2010 · 1 comments on HN
    5. 5
      When a Competitor Raises Money
      1 person · 4 points · first shared 2016 · 1 comments on HN
    6. 6
      Metrics Spreadsheet for Every SaaS Company
      1 person · 4 points · first shared 2016 · Discussion on HN
    7. 7
      Death to the $700k Seed Round
      1 person · 4 points · first shared 2012 · Discussion on HN
    8. 8
      Private Equity as the SaaS Savior
      2 people · 3 points · first shared 2017 · Discussion on HN
    9. 9
      Arriving at the Pardot Acquisition Price
      1 person · 3 points · first shared 2016 · Discussion on HN
    10. 10
      Calculating Your FU Money Amount
      1 person · 3 points · first shared 2012 · Discussion on HN

    What HN people wrote when they linked it

    • aresantFeb 2018

      Outstanding summary Patrick, was prepared for a piece of dry content marketing but many gold nuggets as usual!

      I would add a couple of supplementals unique to 2018 for those of us raising capital in a SAAS or looking to liquidate:

      1) The "SAAS Napkin" for 2018, a survey of ~50 Series A / Series B funded companies that have shared with regard to growth / churn / etc. Links here https://www.producthunt.com/posts/saas-funding-napkin-3 and explanation here https://medium.com/point-nine-news/what-does-it-take-to-raise-capital-in-saas-in-2018-204d0a46cb23

      2) The fascinating rise of Private Equity companies as a liquidity / funding option outside of larger co Acquisition / VC money as observed by the founder of Pardot (~$100m exit to SalesForce) - https://davidcummings.org/2017/10/03/private-equity-as-the-saas-savior/

    • mikewiltSep 2010

      Is your company profitable now? Are you selling your product now? If not, you're just gonna burn an extra $15K out of the gate. I can think of MANY better uses for $15K than on a domain. Can't you?

      I am a perfectionist so in theory I love the idea of getting the perfect domain name. In practice, I would urge you to register an original domain name (unless money is no object for you). The perfect domain is nice, but not essential. Do you really need pizza.com (sold $2.6 million in 2008) to sell pizza?

      Two final comments:

      - You will have leverage with investors when you're making money.

      - Helpful guidelines for choosing a domain: see http://davidcummings.org/2010/05/29/the-domain-name-challenge/ and http://davidcummings.org/2010/08/07/more-domain-name-searching-tips/

    • vrikhterSep 2011

      Entrepreneurship:

      http://cdixon.org/

      http://derekandersen.me/

      http://davidcummings.org/

      http://viniciusvacanti.com/

      http://www.steveblank.com/

      http://37signals.com/svn

      Startup/Tech Marketing:

      http://www.responsys.com/blogs/nsm/

      http://startup-marketing.com/

      http://blog.kissmetrics.com/

      http://unbounce.com/blog/

      Venture Capital:

      http://bhorowitz.com/

      http://www.bothsidesofthetable.com/

      http://www.feld.com/wp/

      http://www.avc.com/

      http://vcinjerusalem.typepad.com/vcinjerusalem/

      http://sixkidsandafulltimejob.blogspot.com/

      http://redeye.firstround.com/

      http://informationarbitrage.com/

    • melonakosDec 2012

      Costs are low enough in Atlanta that you can actually start your business without raising capital. Unthinkable, at least for an extended period of time, in most other cities.

      Most businesses shouldn't raise money either because they're not going to grow fast enough to fit the VC model or they're going to dilute the founders so much that the wind gets sucked out of the sails. For example, learn from an Atlantan that just sold his Pardot no-investor-raised-money business for $95 million, http://davidcummings.org/2010/05/08/when-raising-money-makes-sense/.

    • mindcrimeJul 2013

      Working on answering my own question here, in the hopes that this may help someone else down the road. Here's one article that argues against startups going down the "white label" path:

      http://www.startupcfo.ca/2012/06/why-i-hate-white-labeling-for-startups/

      And another that takes a dim view of pure "white labeling" but suggests co-branding as a valid option:

      http://davidcummings.org/2011/08/11/white-labeled-software-strategies-for-startups/

    • PKopJun 2016

      s-1
      https://news.ycombinator.com/item?id=11779453

      s-2 amendment
      https://news.ycombinator.com/item?id=11893368

      Summary
      https://davidcummings.org/2016/05/26/notes-from-twilio-s-1-ipo-filing/

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