The conference served as a great reminder that entrepreneurship is prevalent across the entire country, including the Midwest. Engaged educators and government entities, in addition to a history of successful exits, characterizes the strongest regions. Indianapolis has had a fair number of great successes like ExactTarget, Aprimo, Compendium, Angie’s List and Interactive Intelligence, which have created a great technology ecosystem of mentors and investors. The conference highlighted this fact with several hundred angel investors, venture investors, and entrepreneur attendees.
I had the honor of speaking on a panel on alternative financing options. As the conference was not specific to SaaS, the other panelists covered things like federal R&D grant programs and hardware and equipment financing. It was great to see the breadth of financing alternatives now available.
I enjoyed speaking on the panel and meeting the attendees – and while we will always enjoy SaaStr and Dreamforce – no one should overlook non-Bay Area events like this where you can meet and learn from people building real companies in great (and affordable) places to live.
How Do SaaS Companies Perform in a Recession? - While predicting the start of the next recession is impossible, we know there will eventually be one. To enhance our understanding of the SaaS business model and better prepare ourselves and our portfolio companies for an eventual economic downturn, we wanted to learn how software-as-a-service companies performed through the previous recession... Click here to read the report.