The TinySeed team (Rob Walling, Tracy Osborn, and Alex McQuade) answered questions from the audience about the application process.
TinySeed is a year-long, remote accelerator designed for early-stage SaaS founders. Our program is designed to help founders with a revenue-generating SaaS optimize product-market fit and grow faster.
Applications will be open until September 9th, 2025.
For more information about the program and application process, check out https://tinyseed.com/program
Curious what it's like to go through the program from my founder's perspective? Check out this video next 👉 https://youtu.be/jAhqAzJdFhE
Questions Answered:
12:10 - Do you have a preference for or against regulated sectors (e.g., healthcare, legal)?
13:20 - Is there a maximum team size restriction? We are transitioning from an agency to a SaaS provider. Our total team is 8, but 4 are dedicated to the SaaS and our SaaS MRR is around $4k.
16:45 - For MRR numbers, do you want gross, or net (ie reduced by refunds) MRR?
17:20 - I got to the final round last year Rob and you had a justified objection about the rigidity of our framework. I've taken the feedback and we have full framework flexibility which we're getting great feedback on. Is it worth applying again?
17:50 - Is your selection affected by AI tools? Do you focus more on AI startups? Or do you avoid it?
22:00 - When is your target date to select the members of the Fall 2025 cohort?
22:30 - Having listened to many of your podcasts, you talk with great enthusiasm for product led growth. Is that your preference, or do you also consider sales led growth as a worthy investment?
24:30 - Do you consider pre-revenue projects?
27:00 - We had our first customer on a previous business model, but since then we have pivoted. Should we add the date of our first customer on the current model?
27:45 - Should sales pipeline play any role in our revenue story in the application or should we stay completely focused on closed won deals/MRR?
28:45 - What would you say is the ratio of American to non-American applications that move forward?
31:10 - How do you feel about non-subscription if it's 50% from all revenue?
33:15 - What is your take on a SaaS that is similar to something you have already invested in? Is that a no-go or can you have 2 competitive companies in your portfolio?
34:10 - Do you still aim for the startup to incorporate as a Delaware C corp or is a European entity ok? Such as a Dutch BV.
36:15 - I live in the US, but my market is in South America since I’m South American and started the SaaS while living there almost 4 years ago. Could this be a potential problem?
37:15 - If I'm pre-revenue, building the product, would that disqualify me or represent a disadvantage? What would help raise the chances of my application?
37:45 - Are you ok with a founding team where everybody is part-time with the startup but willing to go full time once we have the investment?
38:30 - Our software revenue includes subscriptions and one-time project fees. Should recurring project revenue from repeat customers count toward MRR or do you want that as just subscriptions?
40:00 - We have money as a SAFE. Converting to the TinySeed terms is no problem. Is it a red flag?
42:30 - I know you don't invest in companies with more than 4 founders, but what's your take in companies with multiple founders but most of the work is put in by 1 or 2?
44:15 - From the application form, I got the impression that TinySeed focuses on B2B with monthly tickets in the hundreds. Are B2G companies, with higher tickets, also in your thesis?
45:15 - I am working with customers directly, as soon as the product is live, I am expecting sales from them. If I reach $500MRR before September 9th, then will I be in a position to get funding?
46:45 - Should joining MicroConf Connect be a first step prior to applying to TinySeed if already over $1K MRR?
48:30 - If I have a possibility to get funding from an angel and plan to get into TinySeed later, what are the angel's terms that I should avoid?
52:45 - I've 2 products. Both doing revenue. How do you see that?
53:45 - Can you expand on your comment about two sided markets?
54:30 - Some AI based companies are moving to outcome based, or consumption based pricing - it's not a subscription, but it's not traditional one-time either - how should we account for this?
55:00 - How much do you invest in the startup? Does it depend on the valuation and TAM?
55:30 - Does the investment amount scale with the equity stake ($120k for 10%, $170k for 11%)? Or does it vary by company - for example, one company might get $120k for 10% while another gets $120k for 12%?
55:45 - What's the percentage of startups that you have accepted that have already raised angel funding?
Top Comments
(6)
@usergen71822025-09-03
12:50 I thot that was a bottle of jack😭
1
2 replies
@TracyOsborn2025-09-03
Fun as always! Thanks for the great questions, folks 🙌
1
@jeremyklein56612025-09-03
What is the mental model the application reviewers use? Can you give more details?
0
2 replies
@kane_lives2025-09-06
I can't believe I missed this going live. For some reason YT unsubbed me. Hopefully I'll catch one of Rob's streams live next time. 👍
0
@renars99932025-09-05
Seeing how it reads "B2B SaaS Accelerator" on your website, I assume you're not considering B2C ?
The TinySeed team (Rob Walling, Tracy Osborn, and Alex McQuade) answered questions from the audience about the application process.
TinySeed is a year-long, remote accelerator designed for early-stage SaaS founders. Our program is designed to help founders with a revenue-generating SaaS optimize product-market fit and grow faster.
Applications will be open until September 9th, 2025.
For more information about the program and application process, check out https://tinyseed.com/program
Curious what it's like to go through the program from my founder's perspective? Check out this video next 👉 https://youtu.be/jAhqAzJdFhE
Questions Answered:
12:10 - Do you have a preference for or against regulated sectors (e.g., healthcare, legal)?
13:20 - Is there a maximum team size restriction? We are transitioning from an agency to a SaaS provider. Our total team is 8, but 4 are dedicated to the SaaS and our SaaS MRR is around $4k.
16:45 - For MRR numbers, do you want gross, or net (ie reduced by refunds) MRR?
17:20 - I got to the final round last year Rob and you had a justified objection about the rigidity of our framework. I've taken the feedback and we have full framework flexibility which we're getting great feedback on. Is it worth applying again?
17:50 - Is your selection affected by AI tools? Do you focus more on AI startups? Or do you avoid it?
22:00 - When is your target date to select the members of the Fall 2025 cohort?
22:30 - Having listened to many of your podcasts, you talk with great enthusiasm for product led growth. Is that your preference, or do you also consider sales led growth as a worthy investment?
24:30 - Do you consider pre-revenue projects?
27:00 - We had our first customer on a previous business model, but since then we have pivoted. Should we add the date of our first customer on the current model?
27:45 - Should sales pipeline play any role in our revenue story in the application or should we stay completely focused on closed won deals/MRR?
28:45 - What would you say is the ratio of American to non-American applications that move forward?
31:10 - How do you feel about non-subscription if it's 50% from all revenue?
33:15 - What is your take on a SaaS that is similar to something you have already invested in? Is that a no-go or can you have 2 competitive companies in your portfolio?
34:10 - Do you still aim for the startup to incorporate as a Delaware C corp or is a European entity ok? Such as a Dutch BV.
36:15 - I live in the US, but my market is in South America since I’m South American and started the SaaS while living there almost 4 years ago. Could this be a potential problem?
37:15 - If I'm pre-revenue, building the product, would that disqualify me or represent a disadvantage? What would help raise the chances of my application?
37:45 - Are you ok with a founding team where everybody is part-time with the startup but willing to go full time once we have the investment?
38:30 - Our software revenue includes subscriptions and one-time project fees. Should recurring project revenue from repeat customers count toward MRR or do you want that as just subscriptions?
40:00 - We have money as a SAFE. Converting to the TinySeed terms is no problem. Is it a red flag?
42:30 - I know you don't invest in companies with more than 4 founders, but what's your take in companies with multiple founders but most of the work is put in by 1 or 2?
44:15 - From the application form, I got the impression that TinySeed focuses on B2B with monthly tickets in the hundreds. Are B2G companies, with higher tickets, also in your thesis?
45:15 - I am working with customers directly, as soon as the product is live, I am expecting sales from them. If I reach $500MRR before September 9th, then will I be in a position to get funding?
46:45 - Should joining MicroConf Connect be a first step prior to applying to TinySeed if already over $1K MRR?
48:30 - If I have a possibility to get funding from an angel and plan to get into TinySeed later, what are the angel's terms that I should avoid?
52:45 - I've 2 products. Both doing revenue. How do you see that?
53:45 - Can you expand on your comment about two sided markets?
54:30 - Some AI based companies are moving to outcome based, or consumption based pricing - it's not a subscription, but it's not traditional one-time either - how should we account for this?
55:00 - How much do you invest in the startup? Does it depend on the valuation and TAM?
55:30 - Does the investment amount scale with the equity stake ($120k for 10%, $170k for 11%)? Or does it vary by company - for example, one company might get $120k for 10% while another gets $120k for 12%?
55:45 - What's the percentage of startups that you have accepted that have already raised angel funding?
Top Comments
(6)
@usergen71822025-09-03
12:50 I thot that was a bottle of jack😭
1
2 replies
@TracyOsborn2025-09-03
Fun as always! Thanks for the great questions, folks 🙌
1
@jeremyklein56612025-09-03
What is the mental model the application reviewers use? Can you give more details?
0
2 replies
@kane_lives2025-09-06
I can't believe I missed this going live. For some reason YT unsubbed me. Hopefully I'll catch one of Rob's streams live next time. 👍
0
@renars99932025-09-05
Seeing how it reads "B2B SaaS Accelerator" on your website, I assume you're not considering B2C ?
Top Comments (6)
12:50 I thot that was a bottle of jack😭
Fun as always! Thanks for the great questions, folks 🙌
What is the mental model the application reviewers use? Can you give more details?
I can't believe I missed this going live. For some reason YT unsubbed me. Hopefully I'll catch one of Rob's streams live next time. 👍
Seeing how it reads "B2B SaaS Accelerator" on your website, I assume you're not considering B2C ?
Do you accept zero revenue saas startups as well?