In the run up to SaaStr Europa 2022 in Barcelona on June 7-8, we’re taking a look at some of the top all-time SaaStr Europa sessions. In 2019, Egnyte Co-Founder Rajesh Ram joined us in Paris to talk about going long in SaaS. The SaaS business model has risen to...
As we are gearing up for our 3d epic SaaStr Europa 2022 in Barcelona 7-8 June, I wanted to take a look at a few iconic sessions in the past. At our inaugural SaaStr Europa in Paris back in 2018, Sequoia (then Accel) Partner Luciana Lixandru and UiPath CMO Bobby...
So when we last checked in with Snowflake, it was at $850m ARR growing a breathtaking 110%, with 162% NRR. It hasn’t really slowed down! At $1.5 Billion in ARR, it’s still growing 102%. That’s triple-digit growth going into a $2 Billion run rate! ...
Dear SaaStr: What are Some Common Decisions SaaS Startups Make that Hurt Their Ability to Scale? My partial list: Hiring “too low” to save money. A VP at $150k-$180k, especially one that wants a $50k a month budget, can sound insanely expensive. Why not just hire a...
So the way VC funds do accounting and valuations is … weird. Most VC funds “mark-up” their investments to the price of the last round and … just sort of leave it there. If things go really bad, sometimes they’ll lower the valuation. ...
We haven’t spent as much time on SaaS security companies in the 5 Interesting Learning series as perhaps we should have. We’ve dug deep on Okta at $1B in ARR, but spent a bit less time at apps that run below the application layer. But there’s so,...
SaaS is Back!! pic.twitter.com/jFqQ6zRz6A — Jason ✨BeKind✨ Lemkin #ДобісаПутіна (@jasonlk) March 21, 2022 Recently a number of founders have reached out to me about offers to acquire their company from Private Equity firms like Thoma Bravo, Vista, etc. Some...
A bit of Mary Poppins, when her work is done the wind will shift and she'll be off to the next place that needs her ???? Appreciate the moments you have with folks; especially if they or the combination of them together are truly special. It's never forever....
We last looked in on Monday.com at $240m ARR, but it’s grown so incredibly quickly, and so effectively, it’s worth checking in again at $400,000,000 in ARR. Because at $400,000,000 in ARR … Monday is growing a stunning 91% (!) year-over-year. ...
SaaS investor Logan Bartlett put together a good summary of the tumult in the SaaS public markets here. I like it because it models out two scenarios — one if the current downturn is like 2008, another if it’s like 2000. Personally, I think this...
So every VC is trying to figure out exactly what is going on in the public markets, and many later-stage VCs are quite stressed. This version of the BVP Nasdaq Index illustrates the question. Was the “Covid Boost” in Cloud multiples just an anomaly? Put...
So DigitalOcean is the quiet Cloud platform that keeps on growing. Focusing on smaller developers, in some ways it’s been a bit overshadowed by AWS, Azure, and Google Cloud. But it’s a great case study on how nailing a niche, and staying focused on a...
Dear SaaStr: Are Any SaaS Companies Really Profitable? SaaS companies can be quite profitable, but most these days that are able to raise capital tend to … take their time getting there. But that’s not to say it can’t be done. Let’s look at a few amazing examples:...
At the 2022 SaaStr Miami Super Meet-up the other day, Salesloft CEO Kyle Porter pointed out an interesting statistic from the recent Vista SaaS CEO conference: Public SaaS companies that are hyper sales efficient haven’t been hit nearly as hard, if at all,...
We last took a look at Atlassian at around $2B ARR, and more subtly has changed than you might think. Atlassian has gone almost 100% Cloud since then, and has held up nicely in the overall public markets even as others have taken bigger hits. Perhaps because it...
