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Building an Enduring Company,
One Hard Lesson at a Time
Vlad Magdalin
Co-founder & CEO
Webflow
@callmevlad
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Housekeeping Notes
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● Fail #1 (2005) – Going solo while in college.
○ Couldn’t find funding, decided to go work full-time at Intuit.
● Fail #2 (2007) – Started with 2 friends at Intuit.
○ Couldn’t raise funding while moonlighting + trademark fail.
● Fail #3 (2008) – Build solo again while moonlighting.
○ Had kids + day job, hard to stay focused. Browser tech not ready.
● Not-yet-fail #1 (2012) – Started with brother and co-worker.
○ Chrome / Safari finally mature enough to build an in-browser app.
Webflow took 4 attempts...
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TIMING MATTERS
(Also, co-founders matter even more.)
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Quit our jobs, and off to the races...
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Cash runs out, reality sets in...
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(Also, read the &@#$ Terms of Service!)
DON’T WASTE CASH
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Let’s give this one last shot...
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TRACTION = LIFE
(Also, survivorship bias is a hell of a drug.)
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Things are finally looking up...
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DREAM BIG,
SHIP OFTEN
(Also, charge for your product sooner
than you’re comfortable with!) Do not place text, or graphics
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Time to raise some money...
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Do the usual startup things...
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Uh oh, cash is running out again...
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REVENUE = FREEDOM
(Nothing like being in control of your
own destiny as a company.) Do not place text, or graphics
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Building an enduring company...
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With true partners...
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IT’S ALL ABOUT
PEOPLE
(Also, defend your values — and choose
to work with people who share them.) Do not place text, or graphics
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In order to build a sustainable and enduring company, these principles have
helped guide me personally:
1. Get to “default alive” as quickly as possible – revenue and cash flow helps
you be in control of your own destiny; spend it wisely
2. Choose your partners wisely – never compromise on your values, and
recognize that true partners amplify; they don’t manipulate
3. It’s all about people – you’re serving not just the people who use/buy your
product, but also the people who form your team
My Top Takeaways
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THANK YOU
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Building an enduring company, one hard lesson at a time with Webflow

  • 1. Building an Enduring Company, One Hard Lesson at a Time Vlad Magdalin Co-founder & CEO Webflow @callmevlad Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 2. ● Most of you are viewing this session from our event platform, which we hope you are enjoying! To submit a question to the speaker - you can use the “Question” feature positioned on the right rail of your screen ● If you’d like to be on directly with the speaker, click the join us on stage button ( found below the player) -- we’ll take questions at the end ● Interactive, 20 or 50 minute session. We encourage you to keep your cameras on, and audio muted ● These sessions will be recorded and available post event Housekeeping Notes Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review. Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 3. ● Fail #1 (2005) – Going solo while in college. ○ Couldn’t find funding, decided to go work full-time at Intuit. ● Fail #2 (2007) – Started with 2 friends at Intuit. ○ Couldn’t raise funding while moonlighting + trademark fail. ● Fail #3 (2008) – Build solo again while moonlighting. ○ Had kids + day job, hard to stay focused. Browser tech not ready. ● Not-yet-fail #1 (2012) – Started with brother and co-worker. ○ Chrome / Safari finally mature enough to build an in-browser app. Webflow took 4 attempts... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 4. TIMING MATTERS (Also, co-founders matter even more.) Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 5. Quit our jobs, and off to the races... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 6. Cash runs out, reality sets in... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 7. (Also, read the &@#$ Terms of Service!) DON’T WASTE CASH Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 8. Let’s give this one last shot... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 9. TRACTION = LIFE (Also, survivorship bias is a hell of a drug.) Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 10. Things are finally looking up... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 11. DREAM BIG, SHIP OFTEN (Also, charge for your product sooner than you’re comfortable with!) Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 12. Time to raise some money... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 13. Do the usual startup things... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 14. Uh oh, cash is running out again... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 15. REVENUE = FREEDOM (Nothing like being in control of your own destiny as a company.) Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 16. Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 17. Building an enduring company... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 18. With true partners... Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 19. IT’S ALL ABOUT PEOPLE (Also, defend your values — and choose to work with people who share them.) Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 20. Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 21. In order to build a sustainable and enduring company, these principles have helped guide me personally: 1. Get to “default alive” as quickly as possible – revenue and cash flow helps you be in control of your own destiny; spend it wisely 2. Choose your partners wisely – never compromise on your values, and recognize that true partners amplify; they don’t manipulate 3. It’s all about people – you’re serving not just the people who use/buy your product, but also the people who form your team My Top Takeaways Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.
  • 22. THANK YOU Do not place text, or graphics in any of the red space Your faces will be here Logo Overlays will be here DO NOT DELETE SaaStr Team will delete these guides in review.