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5 Interesting Learnings From Five9 at $550,000,000 in ARR

SaaStr

While we all saw Zoom and Shopify explode during Covid, Cloud call centers boomed just as much. Pre-Cloud systems, really. It’s old, founded in 2001. But also like Twilio, the public markets seem OK with that and aren’t penalizing Cloud communication leaders with lower multiples due to their lower gross margins.

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The Power of Going Long in SaaS

SaaStr

And yes, no one could have predicted the run we’ve seen in Cloud in the past few years. Blackline : Founded 2001, boostrapped. These are the Best of TImes in Cloud and SaaS. . — Jason BeKind Lemkin (@jasonlk) December 7, 2020. Sometimes, it makes sense to sell your company. Or pack it in. That’s 18x.

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SaaStr’s Most Respected Leaders Awards 2019: The Top Five

SaaStr

eventually rising to CEO in 2001. He then stepped in as SVP of Service Cloud for Salesforce and went on to become CEO of Host Analytics from 2012-2018. The company just raised another $33M round this March from Melinda Gates’ Pivotal Ventures and former Obama White House advisor Valerie Jarrett.

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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: Dave Kellogg is the CEO @ Host Analytics, the leader in cloud-based enterprise performance management (EPM). Previously, Dave was SVP/GM of Service Cloud at Salesforce and CEO at unstructured big data provider MarkLogic.

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

Tom Tunguz

But soon after the crash of 2001, the startup’s market cap totaled only $8M. Each era (CD, License, Cloud) is shaded. Then Concur quickly grew to about $41M over the next five years, before the transition to selling SaaS in 2001. Concur completed the full transition to cloud by 2005.

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29 Latin American SaaS Superstars

SaaStock

Omie is a management platform in the cloud for small and midsized companies, bringing together ERP, Financial Services, Entrepreneur Education and a vibrant Marketplace for vertical 3rd party solutions, all combined in an easy to use environment. Founded : 2001. Founded : 2012. Based in: Rio de Janeiro, Brazil. Funding to Date : $6.6M

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Who are Asia’s SaaS VCs?

SaaStock

It has more than 100 investments since its founding in 2001. Founded: 2001. It’s also running the Capital Innovation Accelerator Fund targeted at cloud computing, Internet of Things (IoT), mobile and e-commerce startups. SAIF is also one of the biggest funds, investing in Hong Kong, China and India. Size of fund: $700M.