Insights on GTM Execution for Technology Investors

Framework overview, assessment methodology, and analysis of common execution patterns that impact value creation in SaaS and technology portfolio companies.

The 5-Pillar Methodology

Our assessment framework examines five interdependent dimensions of commercial capability

Each pillar receives systematic evaluation using consistent criteria, producing RAG scores that clearly signal where intervention is required. The framework has been refined through 60+ audits across multiple sectors and provides comprehensive coverage of commercial capabilities required for scaling.

Proposition

Market strategy & value articulation

Process

Operations & execution infrastructure

People

Capabilities & organisational design

Performance

Metrics, unit economics & scalability

Partnerships

Ecosystem leverage & channel effectiveness

RAG Scoring Approach

Clear signalling of where intervention is required

RED

Critical gaps requiring immediate investment to prevent value destruction. These are blocking issues where the company cannot achieve its revenue plan without addressing the identified capability gap.

Red scores typically require investment committee awareness and resource allocation decisions.

AMBER

Areas needing attention but not immediately blocking execution. These represent emerging risks that should be addressed within the planning horizon to prevent them becoming critical.

Amber scores inform 90-day implementation priorities and resource planning.

GREEN

Capabilities adequate for the planned scaling trajectory. Green scores validate that existing infrastructure, processes, and talent can support near-term growth objectives without immediate intervention.

Green scores provide confidence in execution readiness.

Common GTM Execution Challenges

Systematic patterns that destroy value across portfolios

Based on 60+ audits across SaaS and technology companies, several patterns consistently emerge that destroy value and prevent achievement of revenue bridges. Understanding these patterns helps investors identify risks during due diligence and provides portfolio companies with clear direction on where to invest resources post-close.

Founder-Led to Codified Sales Transition

The transition from founder-led sales to systematic, repeatable sales processes represents one of the most critical inflection points in scaling. When this transition fails, growth stalls despite strong product-market fit.

  • Founder's relationship-based approach cannot be replicated by hired sales teams
  • Value proposition remains in founder's head rather than documented and trainable
  • Deal qualification relies on founder intuition rather than systematic criteria
  • Sales process documentation absent or superficial
  • New hire ramp time extends indefinitely without structured enablement

Incentive Misalignment

Compensation plans that fail to drive the behaviours required for systematic scaling create perverse incentives that undermine growth objectives.

  • Sales incentives reward activity rather than outcomes
  • Marketing measured on leads generated rather than pipeline contribution
  • Customer success bonuses tied to retention but not expansion
  • Commission structures encourage discounting rather than value capture
  • Accelerators and decelerators misaligned with business priorities

Infrastructure and Systems Gaps

Support systems and infrastructure that lag behind headcount growth create operational bottlenecks that constrain execution.

  • CRM implementation inadequate for forecasting requirements
  • Marketing automation absent or underutilised
  • Revenue operations capability gaps
  • Sales enablement infrastructure missing
  • Customer success platforms insufficient for retention management

Messaging and Positioning Drift

Value messaging that resonated during early customer acquisition loses effectiveness as the team scales and market dynamics evolve.

  • Value proposition articulation inconsistent across sales team
  • Differentiation claims unsubstantiated or unconvincing
  • Messaging fails to address buyer decision criteria
  • Sales narrative requires founder involvement to be effective
  • Positioning drifts from market reality as competition evolves

Unit Economics Reality

Headline metrics that appear attractive mask underlying economics that prove unsustainable when examined forensically.

  • LTV:CAC ratios calculated without fully-loaded acquisition costs
  • Cohort analysis reveals retention challenges masked by expansion
  • Customer segment profitability varies dramatically
  • Deal size distribution skewed by outliers
  • Gross margin erosion from implementation and support requirements

Organisational and Skills Gaps

Critical capability gaps in commercial leadership, execution talent, or organisational design that constrain scaling.

  • Commercial leadership experience insufficient for planned scale
  • Sales skill distribution reveals quota attainment concentration
  • Marketing capability gaps prevent systematic pipeline generation
  • Revenue operations expertise absent
  • Hiring plan timelines unrealistic relative to talent market

Industry Sources & References

Research and analysis informing our insights

Key Industry Reports

  • McKinsey & Company (2024). Private Equity Statistics 2025: Deal Flow, Exits & Fundraising Trends
  • Cherry Bekaert (2024). Private Equity Report: 2024 Trends & 2025 Outlook
  • Bain & Company (2024). Global Private Equity Report 2025
  • Alexander Group (2025). 2025 Go-to-Market Predictions for Private Equity Firms
  • The REVV GTM (2026). GTM Audit for SaaS & Technology Investors - Internal Industry Analysis

Apply These Insights to Your Portfolio

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