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A SaaS History Lesson – The First SaaS Company's Exceptional Journey

Tom Tunguz

After selling floppy disks and CD-ROMs of expense software in computer software stores, the company changed models for the first time, and sold software licenses directly to enterprises. The company went public on this model in 1998. But soon after the crash of 2001, the startup’s market cap totaled only $8M.

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The Fundraising Patterns of Unicorn SaaS Companies

Tom Tunguz

Despite the fact that SaaS companies are building some of the most efficient business models ever , newer software companies are raising more capital. Software companies founded in 1998-2001 raised $50M before IPO. As the chart above shows, two companies raised only one venture round before IPO and three companies have raised 8.

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Be the Up in a Downturn: Advice From SurveyMonkey’s Tom Hale

OpenView Labs

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. But during that time, we adopted a kind of “let’s transform the business” rallying cry—it was a super creative time. And we introduced a subscription business model.

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10 key lessons SaaStock18 attendees picked up

SaaStock

This gives you four basic types of ideas: Scalable Growth: that’s the ideas you’re currently using as a foundation for your business model, they require a lot of company resources, but they’re tested and provide high ROI. He’d been in SaaS since 2001 and had worked in every role from salesperson, leader, founder, and CEO.

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SaaStr’s Podcast “Best Of Guide” Our Top 10 Podcasts of All Time

SaaStr

In 2001 David joined Matrix Partners, who had backed his last two startups, as a General Partner. About the episode: Tien Tzuo is the Founder and CEO of Zuora, one of the fastest-growing SaaS companies that has been at the forefront of the rise of subscription business models. Episode No.