by Traverse Legal, reviewed by Brian Hall - August 29, 2017 - Business Law, Outside General Counsel Law, SaaS Legal Issues
The definition of a founder is “one that founds or establishes.” Extrapolating from there, a SaaS founder is one that founds or establishes a software delivery model in which software is provided on a subscription basis and centrally hosted. In simpler terms, it is any founder running a business that involves software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS), or most things provided via cloud computing (aka the cloud). As a SaaS founder, there are several things you should be aware of as you embark upon and progress through operating your SaaS business. Here is a list of the Top 3 things to know as a SaaS founder:
Bonus 4th Thing to Know as a SaaS Founder: SaaS subscriptions will likely be a major part of your company operation. Whether it is SalesForce to manage leads and prospect, Slack or Skype for internal correspondence or Dropbox for file storage or an array of others (e.g. Amazon Web Services or Microsoft Office 365), be sure to manage your subscription-based assets. Software asset management solutions (which may also happen to be a SaaS subscription) can help identify your subscriptions, control costs and manage them.
Make no mistake about it, from startups to the biggest businesses around, SaaS continues to dominate. A founder should know the business, or at least surround him/herself with those that do.
Founders’ Friday is a series published by Austin, Texas attorney Brian A. Hall of Traverse Legal, PLC d/b/a Hall Law dedicated to legal considerations facing founders and start-ups.
As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.