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and most other countries around the world which follow a general framework, making online agreements every bit as legally binding as paper ones. I've done Mindbody Software, in San Luis Obispo, which is a fast-growing SaaS company, and a string of other investments with other SaaS companies. and the E.U.,
Let’s set up a framework. This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%. So money spent should add equity value or create IP that eventually will. Gross Burn vs. Net Burn.
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