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Bezos' Shareholder Letter in 2000

Tom Tunguz

Jeff Bezos wrote this to start his annual shareholder letter in the year 2000. Bezos continued: So, if the company is better positioned today than it was a year ago, why is the stock price so much lower than it was a year ago? All this took patience: Amazon’s share price exceeded the dot-com high Oct 23, 2009, a decade later.

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The Hardest Round to Raise in 2023

Tom Tunguz

First, the market hasn’t yet determined the clearing prices for Series B companies. The new pricing norms, the multiples of ARR which declined from 100x ARR , aren’t broadly accepted. Second, startups who raised Series As in the last 18 months raised the biggest Series As seen since 2000.

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The Startup M&A Market Fell 94% Year over Year - But One Segment is Thriving

Tom Tunguz

In percentage terms, last quarter dropped the most since 2000, falling 94% year-over-year. A $22m median M&A price implies most of these transactions were acquihires - acquisitions that value a company for its team. During the 2013-2014, median acquisition prices increased by 50% in less than a year, from $36m to $54m.

Startup 282
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Are IPOs Really Back? And Where is Growth Investing? 20VC Roundtable #4 with Jason Lemkin, Woody Marshall, Deven Parekh, Harry Stebbings

SaaStr

Deven has made more than 90 investments since joining in 2000 including in the likes of Twitter, Alibaba, JD.com, Chargebee and Automattic (WordPress) to name a few. How has the price changed for growth deals that are getting done? In Today’s Episode We Discuss “Are IPO’s Back”: 1. The Growth Landscape Overview: Is growth dead?

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Lessons from Interviews of Pre-Eminent VCs in 2000

Tom Tunguz

In fact, I found only two books: a textbook on private equity and venture capital by HBS professor Joshua Lerner, and an out-of-print collection of 32 VC interviews called “ Done Deals ,” published in September 2000. By my estimates, VCs are investing less than 1 ⁄ 3 of of the roughly $100B deployed in 2000.

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Price Optimization in SaaS: Customer Retention

Baremetrics

This article will discuss the relationship between price change and customer retention. If I raise the price, will customers leave? The biggest challenge that leaders face is understanding how to think about price optimization and customer retention with the right framework. Does my new price make customers unsubscribe sooner?

Retention 126
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How Cheap a Product Can You Have And Still Have Salespeople?

SaaStr

One question I struggled with a lot in the early days was what price points supported inside sales reps. It was clear to me that our freemium offering, priced at from $0 to $19/month, couldn’t really support a traditional inside sales team. A $2000 ACV? What about a $199 or even a $99/mo price point? And it worked.

SMB 330