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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.

SaaS 190
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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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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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Profitability and the IPO Market

Tom Tunguz

With all the talk about the decreasing costs to start a company because of the cloud and elastic computing, why are today’s small companies less profitable and ultimately far less successful in the public markets? The fraction of small IPOs with negative EBITDA has doubled to nearly 90% in about 30 years. Small IPOs. . Large IPOs. .

Marketing 100
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Highlights from the 1Q19 Fenwick & West Venture Capital Survey

Kellblog

1] Much as I periodically post about the Bessemer Nasdaq Emerging Cloud Index for the same reason. [2] 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] Nevertheless, it’s interesting and I always try to read the two together. # # #.