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5 Interesting Learnings from Canva at Almost $2 Billion in ARR

SaaStr

In 2019, they had 500 employees. #4. Growing Almost 50% as Approaches $2B in ARR The exact growth rate is based on an The Information report from a few weeks ago, and it seems about right looking at their published metrics. That’s awfully impressive. Importantly, growth has accelerated this year. Hence 3+ years of profitability.

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The Week In Cloud: April 7, 2019

SaaStr

You see, the company is spending $750 million a year on cloud services, more specifically to AWS. The post The Week In Cloud: April 7, 2019 appeared first on SaaStr. Oracle has struggled in the cloud, but acquiring NetSuite was a gem. They accelerated its growth. Bill.com has been at it a long time with a big vision.

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The Week in Cloud: March 17, 2019

SaaStr

The post The Week in Cloud: March 17, 2019 appeared first on SaaStr. The Week in Cloud: A look at the stories in Cloud, SaaS, and business software that we found particularly useful and interesting. Big or small. __. Microsoft is doing a strong job of being the alternative for folks simply worried about Amazon.

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The Week In Cloud: March 24, 2019

SaaStr

Alibaba is their AWS (or becoming it): The Cloud is better. Another Grows in France: The post The Week In Cloud: March 24, 2019 appeared first on SaaStr. Goodness : We forget about the OS in the Cloud, but we all need to still deal with things like Windows 7 IRL: One perspective on the Top 25 VCs in SaaS now: Pretty Funny.

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The Week In Cloud: April 28, 2019

SaaStr

“We have questioned whether Microsoft will ever see the profit margin of AWS at similar scale” The post The Week In Cloud: April 28, 2019 appeared first on SaaStr. . “A 600m deal puts a spotlight on the shadowy world of cyberwarfare” When it’s broken, it’s broken. The 10 key warning signs.

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Some SaaS Stocks Are Actually Still Doing Pretty Darn Well. E.g, Sprout Social, ZoomInfo, Zscaler, etc.

SaaStr

Sprout Social IPO’d in Dec 2019 at an $800m market cap. A few case studies: * Sprout Social IPO’d in December 2019 at an $800m market-cap. It IPO’d early, in a crowded space. But they kept on going, and gong, and growing. years later, in a market down 50% …. They’re worth $2.7 Billion #golong pic.twitter.com/nA8jSXgehx. It’s tripled.

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SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

Amazon AWS, Microsoft Azure and even Google Cloud are on fire, adding insane amounts of revenue this year. Draw a straight line and assume multiples gradually expand at the same rate as they were growing from 2017-2019. That revenue multiples should rise from where they were in 2019. Customers are buying more than ever.

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