SaaStock

MARCH 27, 2019

Superlógica was started back in 2001 as an ERP software for condominiums. Tune in for an extra bonus episode of the podcast, hosting SaaStock LatAm speaker André Baldini, CEO of Superlógica who tell us how the company grew revenue 10x. André Baldini started out as VP of Sales In 2017 he was promoted to CEO.

Pricing 201

Pricing Headcount Banking Revenue 201

IT World

NOVEMBER 19, 2021

This part of his decision was overturned in 2001, or we'd be living in a very different technology world. US District Court judge Thomas Penfield Jackson, who oversaw the Department of Justice vs. Microsoft, had ruled in 2000 that Microsoft was a monopoly that should be broken up into two companies.

Technology 96

Technology Marketing 96

Chargebee

APRIL 25, 2023

In early 2001, a struggling computer company decided to launch a digital music player to break into new markets. With just five months left for the official launch, the team worked all seven days of the week. The software was still work-in-progress at the time of the launch, and the company needed to decide on […]

Business 52

Business Software Marketing 52

SaaStr

SEPTEMBER 23, 2019

And it started off as a true side project: “Mailchimp, named after their most popular ­e-card character, launched in 2001 and remained a side project for several years, earning a few thousand dollars a month. Mailchimp is now approaching $1 billion in ARR and is 100% bootstrapped.

SaaS 100

SaaS 100

SaaStr

APRIL 22, 2022

By 2001, when laptops started to surf the web, about 1 million devices existed. Before starting Samsara, Sekar worked with the same founding team at Meraki, which focused on wireless device connectivity. 30 years ago, in 1991, there were only about 10,000 wireless devices in use, and these mostly came from the cash register industry.

Innovation 224

Innovation Wireless Scale Marketing 224

SaaStr

MAY 29, 2019

eventually rising to CEO in 2001. The company just raised another $33M round this March from Melinda Gates’ Pivotal Ventures and former Obama White House advisor Valerie Jarrett. Sallie Krawcheck started her career on Wall Street as a senior research analyst at Sanford Bernstein and Co.,

Payment Methods 213

Payment Methods Payment Solutions Payment Services Banking 213

SaaStr

JANUARY 9, 2021

BlackLine was started in 2001 during a black swan event when the internet seemingly ended and we’re currently in the midst of another black swan event with the global coronavirus pandemic. There is a very high value to having a mentor providing stabilization as more stakeholders join the company. Preparing Teams for a Black Swan Event.

Scaling 194

Scaling Travel Investment Enterprise 194

Sales Hacker

JANUARY 17, 2020

In 2001, when Tom Brady was just 24, his backup QB, Damon Huard, asked him how he stays so confident on the field. Heck, if you’re not a football fan, you know who he is and that some people call him the GOAT. Not just because he’s good, but because he is consistently good.

Sales 90

Sales 90

Tom Tunguz

MAY 13, 2015

After the company successfully completed its IPO, the company would increase its annual sales and marketing budget by 6X year-over-year to $230M and $298M in 2000 and 2001, at precisely the wrong time. The notable dip in 2001, when Ariba notched a loss of $2.7B, or -674% net income as a percentage of revenue figure.

Outsourced Development 108

Outsourced Development Software Review Technical Review compliance 108

Tom Tunguz

APRIL 27, 2015

But soon after the crash of 2001, the startup’s market cap totaled only $8M. Then Concur quickly grew to about $41M over the next five years, before the transition to selling SaaS in 2001. The company went public on this model in 1998. The company generated about $2M in revenue as it switched to its licensed software business.

SaaS 108

SaaS Cloud Travel Business Model 108

SaaSOptics

MAY 5, 2022

I was there when the bubble burst in 2001, the meltdown of 2008, and I’ve seen our industry rise again as SaaS businesses have attracted incredible amounts of capital over the past 10 years. How the magic happens. I’ve spent 20+ years in tech–all of it in the Internet sector.

Scale 98

Scale Technical Review Subscription Payment Features 98

SaaStock

JANUARY 30, 2019

Starting from 2001 with the establishment of DGF Investimentos, there has been a steady addition to the roster of funds, with key periods where a few were started around the same time. Founded: 2001. What are the ingredients required to help foster such an ecosystem? A healthy availability of capital is one. Size of fund: $305.8M.

Venture Capital 155

Venture Capital SaaS Healthcare Finance 155

Tom Tunguz

NOVEMBER 13, 2016

In 2001, Salesforce spent $35.6M What percentage of revenue should be spent on payroll? on payroll and generated $5.4M in revenue. NetSuite spent $38M on payroll generated $17M in 2004. as both of these companies scaled and approached IPO, the operating expense ratio (OER) or operating expense divided by revenue, asymptotes to 0.8.

Revenue 100

Revenue Startup SaaS Benchmarks 100

Tom Tunguz

DECEMBER 13, 2015

The fundraising markets have infused more cash into startups in 2015 than in any year since 2001. But, the venture backed IPO markets touched five year lows and whispers of a bubble have become a meme in the past six months. What’s really going on? And should that impact when founders start companies?

Startup 100

Startup Development Marketing Business 100

Tom Tunguz

FEBRUARY 6, 2016

An example of a relatively extreme case, from 2001 to 2007, Concur grew between 0% and 35% each year. But we may be entering an era when 50% annual growth at cash flow breakeven is the norm, rather than 400% annual growth, burning multiples of revenue. It took the company nearly five years to double revenue from $35.7M in 2000 to $71.8M

SaaS 108

SaaS Startup Pricing Mobile 108

Tom Tunguz

MAY 18, 2015

Both of these business weathered the dot com crash in 2001 and the financial meltdown in 2008. Both companies demonstrated very volatile sales efficiencies, which are probably more influenced by the macro economic environment than the performance of the sales teams.

Sales Recruiting 100

Sales Recruiting Scale Software Acquisition 100

Tom Tunguz

JANUARY 21, 2015

Software companies founded in 1998-2001 raised $50M before IPO. Despite the fact that SaaS companies are building some of the most efficient business models ever , newer software companies are raising more capital. On the other hand, companies founded between 2010-2013 have raised three times that amount, at more than $150M.

SaaS 100

SaaS Startup Business Model Enterprise 100

FastSpring

MARCH 10, 2023

And then there was this big ERP dying, which was shot after the first ecommerce new academy scene was going down for 2000 2001. Unfortunately, I called them and it was 2001 and they say oh, the money all the money is gone. And I love that very much. But it was quite a lot of money for us at that time. Yeah, interesting.

Consulting 78

Consulting Underperforming Technical Team Interviewing Software 78

Tom Tunguz

AUGUST 20, 2014

Google had grown from $220k in revenue in 19aw99, to $19M in 2000, to $86M in 2001, to $347M in 2002, to $961M in 2003, and would record $3.2B So much excitement and ambition. But that feeling was more than just a product of the rocket ship growth of the ads business. in 2004, the year of their IPO.

Education 100

Education Trends Startup Technology 100

Tom Tunguz

JULY 22, 2014

If this pace of fund raising continues, 2014 would mark the biggest year for VCs since 2001, when the industry raised about $38B. Through the first six months of 2014, VCs have raised about as much as all of 2013. This new money hasn’t yet hit the startup fundraising market in earnest, as the chart above shows.

Venture Capital 100

Venture Capital Startup Banking Trends 100

Tom Tunguz

AUGUST 14, 2014

The chart above compares the total number of MegaRounds, those VC investments of $50M or more, from 2001 through 2013. Note, I’m excluding Facebook’s IPO in 2012 as an outlier and I’ve adjusted for inflation. In the past four years, MegaRounds have more than doubled in number from 20 to 40, and have increased every year.

Venture Capital 100

Venture Capital Finance Trends Startup 100

Crafty CTO

FEBRUARY 7, 2023

Nicer than their 2001 predecessors, for sure, but still a layer between my content and the bare iron of delivered HTML. Back then, big names included Vignette StoryBuilder and Interwoven TeamSite –and they came with big price tags as well. Ghost and Squarespace are … CMSs.

CTO Hire 40

CTO Hire New CTO CTO Software Engineering 40

Software Platform Consulting

AUGUST 5, 2019

If you had told me in 2001 that the procure-to-pay suite market would have generated $20 billion in market cap again, I would have told you were crazy. When I joined Ariba in 2000, ARBA had a market cap of $40 billion. A couple of years later, the market cap was under $500 million. (The

Machine Learning 40

Machine Learning Artificial Intelligence Consulting AI 40

Neil Patel

JANUARY 13, 2021

Yahoo launched Groups in January 2001. Thankfully, if you were a fan, there are a plethora of alternatives to Yahoo Groups. Below, we’ll discuss our favorites so you can pick the best online group platforms for you. What Was Yahoo Groups Used For? The platform soon became a popular host for vibrant online discussion boards.

Social Media 128

Social Media Advertising Branding Communication 128

Tom Tunguz

SEPTEMBER 9, 2012

The fraction of small IPOs with negative EBITDA has doubled to nearly 90% in about 30 years. Small IPOs. . Large IPOs. . Number. % < 0. Number. % < 0. Once public, profits don’t improve. In the last 20 years, 80% of small cap companies hadn’t generated a profit in the first 3 years after IPO. Public investors punished them for it.

Marketing 100

Marketing Scale Venture Capital Finance 100

Kellblog

MAY 8, 2019

As an example, there were two kinds of startups in 2002: those that raised large amounts of money at crazy valuations in 2001 and dead. [3] That works great — until it doesn’t — e.g., if you miss one of those quarters or if the markets turn on you.

Venture Capital 73

Venture Capital Finance Pricing Startup 73

SaaStock

JANUARY 25, 2019

Founded : 2001. It is a management system for companies based on recurrent services, such as condominiuns, subscription model businesses, real estate, course and education providers businesses, among others. CEO : André Baldini. Based in: Campinas, Brazil. Funding to Date : N/A. Hi Platform.

SaaS Payments 257

SaaS Payments Payment Solutions Payment Methods Payments 257

Valuize Consulting

FEBRUARY 16, 2022

I started my career working as a Digital Media Specialist at a start-up called Vision Critical, but my first full-time job was way back in 2001 as a Support Technician at Autodesk. How did you get started in Customer Success? Q: What excites you about working in the Customer Success domain?

Interviewing 52

Interviewing Strategy Scale Management 52

SaaStock

MARCH 29, 2019

He’d been in SaaS since 2001 and had worked in every role from salesperson, leader, founder, and CEO. Here is what he writes: I also had the opportunity on Monday to view John Thompson ’s ‘SaaSy Selling’ workshop. John has 22 years of experience in the world of startups.

Scale 103

Scale Sales Hiring CTO Hire Social Media 103

BetterCloud

MARCH 23, 2018

All sorts of companies are finding mobile internet technology surprisingly useful,” mused the Economist in 2001. “A revolution—whether it’s called teleworking, remote employees, or the mobile workforce—has occurred,” wrote Computer Weekly in 1999. “All Lost a Blackberry?

Mobile 40

Mobile SaaS Government Cloud 40

OpenView Labs

APRIL 16, 2020

Those who went through the 2001 and 2008 economic downturns emerged with valuable lessons on navigating a crisis—not to mention a heck of a lot of resilience. Here, Tom shares practical advice on keeping your team calm, taking risks, and why it’s important right now for leaders to show vulnerability.

Leadership 70

Leadership Business Model Healthcare Acquisition 70

Valuize Consulting

JUNE 10, 2020

Eventually, the movement made its way to the tech industry with 2001’s agile software development framework heavily inspired by lean principles and books like The Lean Startup published in 2011 by Eric Reis. Applying lean to the design of customer success processes is an evolution that has precedent.

Customer Success 40

Customer Success Engineering Scale Technical Review 40

OPEXEngine

AUGUST 9, 2022

In the 2001 recession, total sales for the S&P 500 declined by 9% from its pre-recession peak to its trough 18 months later—almost a year after the recession officially ended. Add the fact that these macro issues did not exist simultaneously during previous recessionary periods, and a better response playbook becomes essential.

Scale 59

Scale VP of Engineering Payment Services Underperforming Technical Team 59

SaaStr

SEPTEMBER 4, 2020

Jason Lemkin: You were nominally founded in 2001, right? Whether we start in 2007, 2009, 2001, it’s a slow roll to Act Two, right? Let’s talk about that-. Ben Chestnut: Yeah, we didn’t have a free plan. We didn’t have a free trial before that. You had to pay. Ben Chestnut: Yes.

Scale 155

Scale Underperforming Technical Team Sales Hiring Branding 155

Neil Patel

MARCH 25, 2021

With more than 12 million customers, MailChimp has claimed its spot as one of the top email marketing providers and digital marketing tools in the world.

Payment Methods 144

Payment Methods Social Media Marketing Business 144

Mucker Capital

OCTOBER 22, 2018

I think I was 12 when I put together the first website for my parents’ company back in 2001,” Gette said. It was his parents’ baby-product store back home in Buenos Aires, Argentina, that gave him his start in web development. “I

Interviewing 40

Interviewing Web Development Web Developers Startup 40

SaaStr

JUNE 14, 2019

In 2001, you could raise money pretty easily at pretty high valuations, and in 2002 there were two types of companies: those who had raised large amounts of money at crazy valuations in 2001, and dead, right? The second rule I’ve taken from boom and bust is don’t get greedy, you know? And there was nothing in between.

Sales Hiring 139

Sales Hiring Payment Services SaaS Payments Underperforming Technical Team 139