The draw of PLG is irresistible to both founders and startup investors. While Product-Led Growth (PLG) can offer numerous benefits, over-reliance on this strategy in a startup’s journey can be detrimental.
As we wrap up Women's History Month, I don’t want to miss the chance to brag about the inspirational female founders that PAX has invested in. Working closely with these trailblazing CEOs is one of the highlights of my job. But what makes these women truly remarkable? Instead of relying on my own admiration, I went straight to the source - their co-founders.
This cohort marks a turning point for PAX, with a record number of applications and the strongest companies we’ve had the chance to evaluate. After a very intense selection process, we are excited to introduce the eight companies that make up our Spring-23 cohort.
"If I take an outside investment, will I lose control of my company?" First-time founders frequently (and perhaps correctly) fret that investors or other stakeholders can wrest control of their company and kick the founders to the curb. The question for founders is, when exactly do they lose their grip? It's a great question with a nuanced answer. I’ll try to provide an oversimplified answer, and then offer some strategies for ways to think about control.
Well first thing, you get funded. PAX wires the money before the program starts, not at the end. This means that from the very beginning, PAX becomes your partner as we are literally invested in your success.
Before a raise, many entrepreneurs grapple with the question of where to set the valuation of their company. There are advantages and disadvantages associated with raising at a high valuation; therefore it is important to weigh the short term and long term implications of where you set your next valuation.
Pax Momentum is excited to announce the members of its Fall-22 cohort! After a rigorous selection process, these companies have impressed the PAX team and angels with their readiness to innovate and grow. PAX is extremely optimistic about the prospects of these companies and has doubled its investment amount from $50k to $100k in cash per startup.
Pax Momentum is thrilled to announce our Spring-22 Cohort! Through a fiercely competitive selection process these companies have shown their readiness for intense growth. PAX focuses on a unique niche of companies that are ready to turn their founder-driven sales success into a scalable and repeatable process.
Following the boom-and-bust “Cleantech 1.0” period, investing in sustainable companies was thought to be too risky. However, the looming threat of climate change has become increasingly clear and investors have become convinced that now is the time for the ClimateTech revolution.
Twice a year, PAX selects 10 pre-seed B2B SaaS startups for our Go-To-Market accelerator program. We base our selection on the Terms, Technology, Traction, Team and TAM of a startup.