After funding 210+ B2B SaaS companies, what patterns have emerged? In this episode, Rob Walling shares the 2025 State of TinySeed, from its first fund in 2018 to a global portfolio of over 210 B2B SaaS companies. He reflects on TinySeed’s growth, what the data reveals about today’s founders, funding trends, and the rise of AI-first startups. Topics we cover: - (1:46) – How TinySeed began and the doubts it faced - (3:51) – Growing to 210+ portfolio companies and $60M raised - (11:15) – The rise of AI-first startups and “vibe-coded” apps - (13:09) – Record application numbers and founder trends in 2025 - (19:58) – Why vertical SaaS is outperforming horizontal SaaS - (21:59) – The importance of founder community and shared experience - (25:06) – How TinySeed and MicroConf create long-term founder connections Links from the Show: - [Apply to TinySeed](https://tinyseed.com/apply) - [Invest in TinySeed](https://tinyseed.com/invest) - [TinySeed Mentors](https://tinyseed.com/mentors)[Accelerator Program Details — TinySeed](https://tinyseed.com/apply) - [TinySeed Portfolio](https://tinyseed.com/portfolio) - [The SaaS Playbook](https://saasplaybook.com) by Rob Walling - [MicroConf](https://microconf.com)- Community for Bootstrapped SaaS Founders If you have questions about starting or scaling a software business that you’d like for us to cover, please [submit your question](https://www.startupsfortherestofus.com/contact) for an upcoming episode. We’d love to hear from you! Subscribe & Review: [iTunes](https://podcasts.apple.com/us/podcast/startups-for-the-rest-of-us/id366931951) | [Spotify](https://open.spotify.com/show/2Ww2e4JNO2cfxWC2ImR7DJ)