Canvas Prime
@CanvasVC
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Investing in fintech, digital health, and AI at the inflection point: Series A & B. Led by Rebecca Lynn, 5 times Midas List honoree.
San Francisco Bay Area
Joined September 2013
1/ My Golden Rule for GTM, from @CanvasVC GTM Council. "When hiring your first salesperson, hire two. You'll avoid getting a false positive or negative."-Tony Small, who has built sales teams from 0 four times over, including @zillow. https://t.co/qsTU035uhy Early-stage GTMđź’Žđź’Žđź§µ
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Venture is cyclical and so the headlines read, “Venture Capital Is Dead” every seven to 10 years. This time, it just took 15. I believe this is the most exciting time to be investing in venture capital in over a decade—since the last downturn 🔗 @Fortune
fortune.com
The cofounder of Canvas Ventures offers predictions on everything from AI to consolidation to the future of San Francisco.
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Canvas Ventures' Mike Ghaffary & How To Win LPs With The Federal Register In D.F.A. or Please Do, #13: https://t.co/o8nrR16Eyt
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We’re excited to confirm Standard Fleet is a third party app for Tesla vehicles. To get started: go to our site and login with a Tesla account. We will never see your password and you can revoke our access at any time. Good scoop by @Teslarati broke this news today.
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Only 2% of startups led by all female founder teams receive VC funding. That number hasn't changed in 10 yrs! It's time to act, not just discuss. I talked with @Jacksonfordyce @theventurenews about what I do to help lift up talented women entrepreneurs. 🎧
lnkd.in
This link will take you to a page that’s not on LinkedIn
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@Zendesk @YAlexandrovski @observablehq @CrowdAIinc 8/ "It's better to be customer-obsessed and competitor aware. Focus on selling the unique qualities of your product vs trying to be a fast follower." - Jeremy Bass fmr VP Sales @unit. As #1 rev hire @breadfinancial, Jeremy grew a sales org from pre-revenue -> $450M acquisition.
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@Zendesk 7/ "For AEs, storytelling is powerful. If you can cast the conversation as a struggle with SaaS software and frame the problem viscerally, buyers will remember." - @YAlexandrovski, VP Sales @observablehq. While @CrowdAIinc Yuri achieved 2x growth and cut sales cycles to 2.5 mos.
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@Zendesk 6/ "With those first sales hires, I'm looking for high grit, low ego. The kind of people you want to spend an inordinate amount of time with." - Mark Musselman. Mark took Sumo Logic from pre-revenue to $30M ARR and secured the largest individual deal at BladeLogic, valued at $10M
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5/ "Always get back to what your customers are actually experiencing with your products & make it a recurring discipline. Chances are it is not what you've laid out on a deck." - Sary Brunner. As VP of Customer Success @Zendesk, Sary grew the CS team from four to 200.
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4/ "Have 1 primary metric in mind for any given experiment. More than that and you'll have a lot of reds and greens and not be able to tell left from right." -Jack Hart, Sr Dr of Biz Ops and Strategy @Yelp. With Jack's help, marketing-driven revenue at Yelp has 3xed since 2019
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3/ "Brand is present in your business whether or not you are ever spending a dime on marketing." A Golden Rule for GTM from @AndrewSpeyer, of @Airbnb @HelloLanding. Over his tenure at Landing, business scaled from 3-20 markets and revenue grew 6x.
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2/"Potential acquirers make the best partners. . .they see a synergy between what they sell and what you sell."-Jamie Young Perlman @Dropbox. Jamie set up a partnership between @Box & @IBM that drove $200M TCV. Subscribe for more tips here: https://t.co/T7RAJtJNYk
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Watch this space for the top GTM tips for early-stage founders from the Canvas GTM Council members every day this week, starting later today. . .Ever wonder how and when to hire your first salesperson? Learn from the person who built out Zillow's sales team from the jump to 500.
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Welcome @allanng @AndreaMCollins @SpeyerAW @ashblackmon @coleyholnback @jeremy2277 @MarkMuss808 @NFairbairn @YAlexandrovski 🚀🥳
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Please welcome the 2023 GTM Council. 🎉 Learn more about the Canvas GTM Council and ✉️ subscribe to the Canvas newsletter ✉️ to get advice on everything from choosing ROI-positive marketing channels to scaling a sales team (beyond the founder!). 👉
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We’ve built an elite team of sales and marketing professionals, the Go-to-Market Council, to coach and guide our portfolio companies. We’re thrilled to announce our latest cohort of GTM superstars.
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At Canvas, we have found that the #1 factor that differentiates good outcomes from fund-returning outcomes is the strength and scalability of a company's GTM strategy. That’s why we’re always looking to meet the folks responsible for skyrocketing startups into household names 🚀
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There are a lot of places to put AI to work. I just don't think fintech is the most exciting right now. Thanks to @technology for hearing me out on that and why we focus on businesses where AI is truly transformative, like @casetext with its AI legal asst.
bloomberg.com
Canvas Ventures co-founder and General Partner Rebecca Lynn joins Bloomberg's Caroline Hyde to discuss her outlook for the VC space and advice to founders, and why she believes AI has better use...
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Bloomberg @technology interviews @VCRebecca, co-founder of @CanvasVC, who discusses how Casetext has used AI to create CoCounsel, a "transformative tool" for lawyers. Watch the video to learn more about Casetext's progression:
bloomberg.com
Canvas Ventures co-founder and General Partner Rebecca Lynn joins Bloomberg's Caroline Hyde to discuss her outlook for the VC space and advice to founders, and why she believes AI has better use...
There are a lot of places to put AI to work. I just don't think fintech is the most exciting right now. Thanks to @technology for hearing me out on that and why we focus on businesses where AI is truly transformative, like @casetext with its AI legal asst.
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"You can tack AI onto almost everything and it can be helpful. At @CanvasVC we want to see not just what's helpful, but what's truly transformative." 📺 @VCRebecca on Bloomberg @technology, talking @casetext and general trends in venture. 📺 https://t.co/T6qU1sb2Nz
bloomberg.com
Canvas Ventures co-founder and General Partner Rebecca Lynn joins Bloomberg's Caroline Hyde to discuss her outlook for the VC space and advice to founders, and why she believes AI has better use...
Bloomberg @technology interviews @VCRebecca, co-founder of @CanvasVC, who discusses how Casetext has used AI to create CoCounsel, a "transformative tool" for lawyers. Watch the video to learn more about Casetext's progression:
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