SaaStr

JUNE 15, 2023

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023 | SaaStr Dear SaaStr: I’ve Been Asked to Take Over as CEO of a 1 Year Old Startup with 20 Employees. A small segment of a large market is often where most of us star t. What Should I Expect?

Sales Recruiting 216

Sales Recruiting Marketing Sales Hiring Market Segmentation 216

SaaStr

MARCH 19, 2021

Founded way back in 2006, adoption was slow as first, but they kept at it and Smartsheet is now growing faster than ever 15+ years later. It’s an interesting one, with a very broad base of SMBs and a slow-and-steady path to going upmarket. They are now growing a stunning 42% year-over-year at over $400,000,000 in ARR!!

Payment Features 307

Payment Features Enterprise Business Scaling 307

SaaStr

MARCH 27, 2022

When we started EchoSign / Adobe Sign in 2005/2006, the web-based e-signature market was $1m in market size. SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. Add 10-100x more value to a market than existing before, and the market size can grow 10-1000x, too. THat’s 2000x growth.

Scale 361

Scale Sales Hiring Venture Capital Startup 361

SaaStr

NOVEMBER 25, 2021

Some are laughably dated, but some are still as relevant today as ever: 2006: Fax integration. We launched in the first AppExchange class in late 2006 with the first true, deep Salesforce integration. Actually, looking back I see I made a video of our 10x Features in order. Many companies still wanted fax at this point.

Scale 214

Scale Mobile Branding Engineering 214

Tom Tunguz

SEPTEMBER 1, 2021

Congratulations to the entire Amplitude team on having built an impressive business and importantly the first publicly traded analytics company since Omniture debuted in 2006. Following the model of Asana, Slack, Spotify and others, Amplitude will conduct a direct listing on the day of their IPO.

Metrics 250

Metrics Benchmarks PayPal Enterprise 250

SaaStr

FEBRUARY 17, 2021

An incredible journey from a fairly simple product at founding in 2006. Wix has benefitted from those trends, not just crossing $1B in ARR, but growing a very impressive 29% year-over-year at $1B in ARR! And a $15B+ market cap!! 5 Interesting Learnings: 1. Existing $1B in Customer ARR is Worth $9.2B Over Next 8 Years.

Payment Methods 283

Payment Methods Payment Solutions Payments SMB 283

IT World

SEPTEMBER 19, 2022

Then in 2006 Google came along with Google Docs & Spreadsheets , a collaborative online word processing and spreadsheet duo that was combined with other business services to form the Google Apps suite, later rebranded as G Suite, and now as Google Workspace.

Business 143

Business 143

Tom Tunguz

MARCH 11, 2020

In 2006, VCs invested about $3.5B The most recent event to use as an analogy is the 2008 financial crisis. In 2008, I had just joined the venture industry, and then Lehman fell. So this was a bit of a trip down memory lane. Let’s look at the data. per quarter in seed, A, B, and C rounds. in the quarters following the crash.

Marketing 333

Marketing Startup Investment Trends 333

SaaStr

AUGUST 3, 2019

That was back in 2006 in SaaS! Going from no product to $200k in ARR in SaaS in 2006 was pretty awesome, actually. To tell me $2m ARR in Year 1 wasn’t just ambitious, but borderline insane for a new product in a new market in a new category in 2006 in SaaS. And for real. I was 100% sure we’d hit it. We probably hit $0.2m

Business 131

Business SaaS Marketing 131

SaaStr

JUNE 4, 2021

Still, this isn’t 2006 or even 2016. But if they have a strong brand and you aren’t even at scale yet … yes, it can be tough. They’ve started to reach escape velocity, and you haven’t. Today, every category can have multiple unicorns. You have 4-5 related choices. All can work well: Be cheaper.

Enterprise 234

Enterprise Mobile Branding Scaling 234

IT World

MAY 18, 2023

In January 2006, Apple took an important step toward success in the business world — it began to transition the Mac onto Intel processors. In so doing, the company paved the way for Macs to natively run Windows and Windows applications.

Business 89

Business Software 89

SaaStr

JANUARY 2, 2020

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018. I don’t know if you’ve built a strong enough team yet to really execute here. But I do know that if you hit $10m ARR with 100%+ net revenue retention, and happy customers … well, it can be you, too.

Retention 251

Retention Cloud Churn Pricing 251

SaaStr

NOVEMBER 25, 2022

Atlassian customers started building many plugins for different use cases in 2006, so the company built a website for customers to share and exchange their plugins for free. Having solution partners on your side translates into more resources to solve customer pain points. This meant so many new features to use for every Atlassian customer.

Scale 230

Scale Scaling Marketplace as a Service Entrepreneurship 230

SaaStr

FEBRUARY 20, 2021

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. Really, because of that, because no one has ever really heard of you in the grand scheme of potential customers — I highly doubt at this point you have even tapped 1% of your practical, addressable market. .

Scale 314

Scale Marketing Acquisition Scaling 314

SaaStr

JANUARY 22, 2022

But what I see time and time again, in 2006, 2016, 2022, every single year I’ve been in SaaS … a Dec 31 year-end works. Jan 31 just isn’t the same. I know some will disagree, and it probably doesn’t matter when your bigger, or have a truly excellent VP of Sales on board. It’s glorious in fact.

Scale 230

Scale SMB Scaling Sales 230

Cobloom

FEBRUARY 1, 2023

It's how I originally grew my file storage service, File Den , to 3 million registered total users and thousands of paying customers way back in 2006. A lot's changed since I began marketing File Den in 2006, and in this post I outline the steps you need to take to maximise success.

Marketing 52

Marketing SaaS Software 52

Intercom, Inc.

APRIL 26, 2022

. “The magic of Intercom’s technology is that it makes the internet feel human, which is a compelling value proposition at this stage of the digital evolution” She joined Google in 2006 and for 10 years was in a variety of business leadership roles including Vice President of Global Sales and Vice President and Managing Director for (..)

Healthcare 118

Healthcare Leadership AI Cloud 118

SaaStr

FEBRUARY 10, 2021

Launch on January 1, 2006. If you do that, and the world doesn’t change from under you … you’ll get a Mini-Brand. Not in a day, but in time. And things will being to get scaleable from there. You can see our path there above from Google Trends. No real Mini-Brand until early 2007.

Branding 292

Branding Scale Innovation Enterprise 292

SaaStr

AUGUST 24, 2019

Some are laughably dated, but some are still as relevant today as ever: 2006: Fax integration. We launched in the first AppExchange class in late 2006 with the first true, deep Salesforce integration. Actually, looking back I see I made a video of our 10x Features in order. Many companies still wanted fax at this point.

Scale 176

Scale Mobile Branding Engineering 176

SaaStr

OCTOBER 3, 2019

The company was founded all the way back in 2006, amazingly. The first is just literally funding the company in 2006. But back in 2006 they were fighting conventional wisdom and the conventional wisdom at that time was that you could not make money selling software to marketers. So this was the Marketo journey.

SaaS 144

SaaS Sales Hiring Scale Innovation 144

SaaStr

DECEMBER 22, 2020

A bit more of a deep dive here: SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. But these can often be enough in the Seed and Series A days to convince investors to go on the unicorn journey with you. Even if your TAM isn’t quite huge today. I’ve lived this myself.

Scale 240

Scale Cloud Enterprise Startup 240

Chargebee

MARCH 1, 2023

Since 2006, Xero automated the problem of high-performance business accounting, amassing 3.5 million subscribers, to become one of the most popular business accounting platforms in the market.

Business 52

Business Marketing 52

SaaStr

MARCH 1, 2019

More here: SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 | SaaStr. But in the end, I didn’t ride the rest of the wave that would have also carried us to 20x growth by 2019. We couldn’t quite see it at the time. Now I know.

Startup 126

Startup Revenue Marketing SaaS 126

SaaStr

JANUARY 25, 2021

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. Instead of just focusing on hitting the number for this year, and working on the next — a full time job already — I should have found a way to also focus on hitting the numbers for 4 and 10 years out. But it’s not. My 10, FWIW.

Sales Recruiting 265

Sales Recruiting Sales Hiring Scale SaaS 265

Tom Tunguz

JUNE 15, 2017

Written in 2006, the book summarizes Kofman’s experiences as a management consultant to some of the great leaders in technology and other industries. I’ve been reading Fred Kofman’s book, Conscious Business.

Management 189

Management Consulting Communication Technology 189

Nimble - Sales

MARCH 25, 2019

For example, Facebook marked the beginning of a new era in digital marketing when they went public in 2006. Many technologies and trends have disrupted the digital world in the past. Today, almost every brand (local or global) uses this and several other social media platforms for marketing. The digital landscape will witness a few […].

Trends 105

Trends Social Media Marketing Technology 105

IT World

SEPTEMBER 8, 2021

Launched in 2006, it has 8 million users (almost 1 million of them paid users) and is deployed by nearly 100,000 companies, ranging from Google and Netflix to the US General Services Administration. Smartsheet is a flexible spreadsheet-centric work management tool designed to track team projects.

Management 68

Management Marketing Business 68

SaaStr

DECEMBER 29, 2019

We launched on January 1, 2006 on TechCrunch , and while we closed some good names that first year (Dell, BT, Qualcomm, GE, Comcast, etc.), At EchoSign, now Adobe Sign, there’s a large group of well-known customers that I closed, Back in The Day … that now have been customers for 10 years.

Scale 349

Scale Churn Construction SMB 349

Hitenism

NOVEMBER 7, 2016

In 2006, after Amazon Web Services (AWS) helped pioneer what we now call the cloud, product development changed forever. What once took millions of dollars and a team of engineers to create, a lone developer could suddenly hack together in half an hour. Today, one-third of daily internet users visit websites built on top of AWS.

AWS 189

AWS New CTO Scale CTO 189

FastSpring

MARCH 10, 2023

In 2006, founded iOSXpert — now the largest partner of the Mac-based CRM and project management software Daylite. So it looks like 2006. Your LinkedIn says April 2006. So I’m just I’m fascinated because 2006 is like, that’s way before iOS was even a thing. Nathan Collier Okay, so you’re in Germany?

Consulting 78

Consulting Underperforming Technical Team Interviewing Software 78

Andreessen Horowitz

SEPTEMBER 12, 2019

In 2006, LendingClub introduced a then-novel business model: the ability to offer online personal loans to millions of underserved customers. The peer-to-peer lender was a media and investor darling, hailed as a tech-enabled alternative to traditional banks. When LendingClub went …

Banking 80

Banking Business Model Business Mobile 80

Tom Tunguz

OCTOBER 7, 2014

Above, I’ve plotted the mean and median investment amounts for Series As, Bs, and Cs from 2006 to through September of 2014 in the US, as reported by Crunchbase data. In fact, the median Series A in 2006 equals the median in 2014: $5M. The data reveals three trends. Second, Series C sizes have ballooned.

Venture Capital 100

Venture Capital Startup Marketing Trends 100

Tom Tunguz

APRIL 14, 2014

Looking at the gross dollars invested in engineering, the 2014 cohort spends much more than the 2010, 2006 and 2002 cohorts, setting aside one outlier year in the 2006 cohort. But in the 2006 cohort, DealerTrack spent only 4% on engineering investment, besting the 2014 engineering winner, Fleetmatics. 1998 34 11.

Engineering 100

Engineering Investment Sales SaaS 100

Frontegg

JULY 24, 2022

That left us with 2006 companies that raised their series A funding rounds in H1’22 and in total raised between $1-$150M. Then, one by one, our dedicated market research team went through those 2006 companies and segmented them into B2B or B2C segments. Out of those 1,418, only 27 are both B2B and B2C.

Healthcare 45

Healthcare Enterprise readiness B2C B2B 45

Trint

DECEMBER 1, 2020

Since its launch in 2006 it has raised over £200m, investing in minority positions in companies benefitting from trends in creativity, lifestyle and associated technologies. Enterprise clients include Nike, The Associated Press, Airbnb, CNN, Spotify and many more.

Investment 130

Investment Artificial Intelligence Banking Entertainment 130

30 Day Leadership

SEPTEMBER 28, 2021

Jay explains what he would have told himself back in 2006 with the 15 years of experience he has now, which starts with getting out of the constraints of your day job and being a people leader as well. 19:34 — You don't need to have all the answers — Why your direct skill set no longer matters as a leader.

Leadership 52

Leadership B2B Development Business 52

30 Day Leadership

SEPTEMBER 28, 2021

Jay explains what he would have told himself back in 2006 with the 15 years of experience he has now, which starts with getting out of the constraints of your day job and being a people leader as well. 19:34 — You don't need to have all the answers — Why your direct skill set no longer matters as a leader. Connect with Jay Nathan at [link].

Leadership 52

Leadership B2B Development Business 52