The state of software buying has changed. SaaS spending dipped in the first half of 2020 but has since accelerated and increased as we reach the end of 2021. Amanda Malko, CMO at G2, shares a fascinating look at the data that reveals shifting patterns in the way consumers purchase software.
The second SaaStr post ever, way back in late 2012, was “Everybody Lies: SaaS Revenues in the Inc. 5000”. It was a fun one, analyzing the only public source of data on just how much ARR a lot of SaaS companies had. No one had IPO’d, no one really...
In today’s SaaStr podcast the team at Bessemer Venture Partners unveils the 2021 state of the cloud. Listen in as Byron Deeter, Elliott Robinson and Mary D’Onofrio share the latest trends and predictions for the cloud marketplace.
Tom Taulli Qualified.com, which operates a conversational marketing platform, has raised a $12 million Series A round (the total funding is $17 million since inception). The lead on the deal is Norwest Venture Partners and the other investors include Salesforce...
You worked too hard to let this stop you — Jason ✨Be Kind✨ Lemkin (@jasonlk) April 6, 2020 I wrote an early SaaStr post way back in 2013 on my “Year of Hell” as a SaaS CEO in 2008. In 2013, we were just 2 years removed from the real recovery from...
We now have over 250,000 (!) subscribers to the SaaStr Cloud Daily on Quora, 9,200,000+ views, and are adding thousands of new followers per week. One benefit from Cloud Daily is our community speaks and upvotes their top stories of the week. For this week, here were...
Well, goodness since this question was asked WeWork is now worth $20 billion! + WeWork’s $20 Billion Office Party: The Crazy Bet That Could Change How The World Does Business Does this even make sense? WeWork is losing money, its margins are murky and it is...
It seems like a pretty good deal for Recruit Holdings, and market correct. If Glassdoor was at about ~$100m ARR growing 30% a year (suggested by press, but I have no actual first-hand data), then public market comps suggest the deal sounds “market” at maybe 7x-9x 2019...
So far, Salesforce has a strong record with its larger acquisitions — ExactTarget and Demandware. Their record with mid-sized ones seems more mixed, but that’s what you’d expect. Mid-sized M&A is the toughest category ($200m+ or so) — they have trouble...
I think it showed he’s human. The questions about e.g. gross margin — which you can just read and know and don’t need to ask the CEO about — and others are filler questions. They try your patience. Many really sort of are seemingly “stupid” questions that...
Having invested in public cloud unicorns such as Shopify, Twilio, SendGrid, and Box (just to name a few), we think it’s safe to say that Bessemer Venture Partners has its finger on the pulse when it comes to predicting the next big thing. What up-and-coming...
Fairly simple: Proven CEO who sold his last company for almost $2b — and wants this next one to be worth $20b+. Fast path to $100m in bookings. Well-defined, large space. See a discussion on this topic and related ones from SaaStr Annual here with CEO Josh...
Both make sense, but are expensive. Google has made a huge push into more enterprise cloud under Diane Greene. Salesforce would bring it all together. Google has bought a number of smaller players, made a huge PaaS push, gotten G Suite to break through into the...
Because it is at a $1,500,000,000 revenue run-rate, growing quickly, and generating significant free cash flow. It is a very, very, very good business. Irrespective of who and what the competition is and does. View original question on quora
Not yet. Spotify’s direct listing took advantage of 3 factors: They did not need or want the money an IPO brings in. An IPO brings in money, often hundreds of millions or even more to invest. Most companies want the capital, at least as a cushion. The large brand...
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