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Because I had raised a bunch of money for my first startup, BigMachines, in 2000, raised over 20 million dollars, hired up to about 70 people, and then by 2002, realized we were on our way to going bankrupt, and we met deep recession in 2002, weren’t able to sell any customers, and they all thought the internet had been a fad and good thing it was over. And that’s how we were able to then survive from 2002 til about 2007, when the cloud market finally took off. MORE
Continuous delivery and automation platform Electric Cloud is no spring chicken, founded back in 2002. Good day, world. Abby here on Earth Day, so we take today to appreciate Mother Nature, but we don’t stop at that. We practice gratitude and ecofriendliness every dang day. But also, subscription. The Rundown In resources. A B2B Proposal c/o PandaDoc. MORE
Founded : 2002. The Latin American SaaS landscape is hustling and bustling, having seen more IPOs in the last 6 months than the previous 20 years combined. We are excited to be part of its history in the making as we bring SaaStock to Sao Paulo from April 23rd to the 25th. We will gather 300 leading SaaS founders, executives and investors for three days packed with opportunities and rich exchange of knowledge to push the whole ecosystem forward. MORE
This is the illusion of explanatory depth or IOED, which Rozenbilt and Keil described in 2002. Draw an image of a bicycle that depicts how the bicycle works. You might draw something like this bike above. Or this one. Or this one. But as Gianluca Gimini discovered when he asked 50 people over the course of six years to draw a bicycle, most people cannot - despite their great confidence of the contrary. MORE
All the way back in 2002, Jeff Bezos issued a 6-point mandate to engineers at Amazon. In 2006, after Amazon Web Services (AWS) helped pioneer what we now call the cloud, product development changed forever. What once took millions of dollars and a team of engineers to create, a lone developer could suddenly hack together in half an hour. Today, one-third of daily internet users visit websites built on top of AWS. AWS is now an $11.5B MORE
Well in 2002, I know it was a long time ago. But in 2002 there were only two types of startups in existence. There was no other type of startup in 2002 when the internet bubble burst. Dave Kellogg is the former CEO of Host Analytics and prolific blogger. Join him as he takes you through lessons learned from Host Analytics on the top questions every SaaS CEO wrestles with. Want to see more content like this? Join us at SaaStr Annual 2020. MORE
In 2002, pushed by new head coach named Sir Dave Brailsford, the team implemented philosophy of continuous incremental improvement. In 76 years, the British cycling team have recorded only one gold medal. And the results were astounding. In the last two Summer Olympics, the British cycling team has won seven of a possible 10 gold medals at each event, a remarkable transformation. But, it wasn’t a 1% improvement on any arbitrary metric. MORE
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] Every so often I post highlights from the quarterly Fenwick & West Venture Capital Survey , as much to share knowledge about the existence of the survey [1] as to share its current-quarter data. This survey is important for two reasons. First, it shows trends in price changes over time across various VC rounds. MORE
In 2002 the “bubble” burst to wipe out most of the Silicon Valley. The Winning By Design Blueprint Series provides practical advice for every part of a SaaS sales organization. In this blueprint, we take a tactical approach on how to build a go to market strategy. This will then help you diversify your revenue, make your business more resilient to economic setbacks and help you plan for growth. 5 Steps To Building Your Go To Market Strategy. Where you can apply this GTM strategy. MORE
Since then, the LMS has come to life through various forms, especially with inventions like the desktop in 1970 to the open-source internal network in 2002. The first learning management system was developed in 1924 from a simple typewriter through which questions were administered. MORE
Peter : 2002, I guess or so. Jason : The world ended in 2002 too. As we gear up for SaaStr Annual 2021 in the SF Bay Area , we wanted to take a look back at some of our most iconic speakers and sessions from over the year, that we can still learn from today. MORE
Founded in 1996, the company initially sold licensed software and migrated to multi-tenant SaaS in 2002 with a product called UltiPro. The Ultimate Software Company is a $5.5B market cap provider of SaaS Human Capital Management software. Today, more than 82% of revenues are subscription dollars. MORE
The first 10 years were actually pretty challenging … the company was founded way back in 2002. Founded in 2002 by Tooey Courtemanche, who is still CEO. Toeey started the company in 2002 and served as its President for the first few years, and again since in 2019. MORE
Jason Lemkin: But looking back, you started in 2002, and it was a terrible time to start, but also good because there weren’t 10,000 companies each year out of Y Combinator and EF and others. Ryan Smith: I think if you look at this, this is a great way for those who are new into tech, if you look at 2002, we were in the shadow of the.com. MORE
Bluehost was established way back in 2002. Bluehost WP Pro Hosting is a hosting plan that evolves with a, pardon the pun, ‘host’ of money-saving characteristics that might help you grow your WordPress website. MORE
Founded in the mind-blowing 2002 they’ve helped 1500+ clients generate 1 billion dollars. Imagine this…. Your website is ranked for every keyword you can think of. MORE
Michelle Benfer: I started in media in 2002, and I started in SaaS in 2013. If you missed episode 149 check it out here: What Makes a Great Sales Leader with Hunter Madeley. Subscribe to the Sales Hacker Podcast. We’re on iTunes. And on Stitcher. Show Agenda and Timestamps. MORE
Because the oldest Gen Zers are reaching an age where they can make their own purchasing decisions, you have a whole new audience you can target with your paid ads. MORE
Start raising own fund in 2002. But … from a fund you started raising in 2002. Because it takes so, so long to make money from it. At least from very early-stage investing. So while not a young person’s game per se, it really helps to start early. MORE
When Simonyi quit as Microsoft's Chief Software Architect in 2002, it was to create a start-up devoted to making programming simpler. Serial space tourist Charles Simonyi is going back again -- to his former employer, Microsoft. Now Microsoft has agreed to acquire that company, Intentional Software. During his absence from Microsoft, Simonyi also found time to fly to the International Space Station -- twice. MORE
Following five years at Oracle, I was lucky to land at Salesforce.com in 2002. One thing as a salesperson at Salesforce.com in 2002 and beyond, that I don’t really think we appreciated at the time to the extent that we should’ve, was this concept of a free trial. Join Kevin Egan, Slack’s VP of North American Sales and Dannie Herzberg, Slack’s Director of Sales as they walk you through Slack’s Freemium to Enterprise strategies. MORE
While the average cost of a 30-second TV ad slot during the Super Bowl has more than doubled since 2002 , getting in front of your audience via social ads has actually become cheaper. MORE
In 2002, the company invested significantly in sales and marketing, but suffered a decline in revenue. in 1999, and ultimately wrote off about $1.4B, which had to be recognized in the period from 2000 to 2002. Ariba went public in 1999 three years after having been founded. In its first year of selling, the company generated $800,000 in revenue. Then it ramped. $8 8 million, then $45 million, then $274M. MORE
The average disclosed sale price in the same period has increased about 10% annually, inflation adjusted[2], each year since 2002, substantiating the hypothesis that big acquisitions are fewer in number, but command higher price points. The startup acquisition market is poised to have its best year in nearly a decade. MORE
How does a startup that launched during the financial crisis in 2008 become a unicorn company in 2019? For Collibra, a cross-organizational data governance platform, the company went from slow growth to hypergrowth. MORE
When Simonyi quit as Microsoft's Chief Software Architect in 2002, it was to create a start-up devoted to making programming simpler. Serial space tourist Charles Simonyi is going back again -- to his former employer, Microsoft. Now Microsoft has agreed to acquire that company, Intentional Software. During his absence from Microsoft, Simonyi also found time to fly to the International Space Station -- twice. MORE
Jared started, this is in 2002, he’s got the Antonio Banderas look going on there. Jason Lemkin: But looking back, you started in 2002, and it was a terrible time to start, but also good because there weren’t 10,000 companies each year out of Y Combinator and EF and others. Ryan Smith: I think if you look at this, this is a great way for those who are new and the tech, if you look at 2002, we were in the shadow of the.com. MORE
The Sarbanes-Oxley Act (SOX) Public Accounting Reform and Investor Protection Act was passed in 2002. In the first part of our month-long series on compliance essentials , we looked at content scanning. MORE
I think every one of us that had lived through 2001 and 2002 or 2000, 2001, and then again, lived through ’08, ’09, we immediately pulled out our playbooks and we’re like, “Here it is, this is the downturn we’ve been waiting for.” MORE
Looking at the gross dollars invested in engineering, the 2014 cohort spends much more than the 2010, 2006 and 2002 cohorts, setting aside one outlier year in the 2006 cohort. 2002 44 7. Last week, we proved SaaS startups are raising more than they have in the past and newer SaaS companies seem to be generating more revenue per dollar invested. But do newer SaaS companies actually spend less on sales and engineering than their older counterparts? MORE
Procore was founded way back in 2002 to automate construction project management. So three of my personal favorite SaaS companies finally went public, Squarespace, Procore and UiPath. MORE
In 2002, Aaron Ross's Predictable Revenue playbook from his time at Salesforce was published. If you're interested in getting started with Hull's customer data platform, take a look at our customer's most common playbooks for data-driven sales & marketing (it is not 2002 any more) and our guide to getting started with customer data integration. Over the past few years, we've seen a new role emerging at within scaling startups - the growth engineer. MORE
Lori Richardson: I started a sales consulting business in 2002, which seems like forever ago. This week on the Sales Hacker podcast, we speak with Lori Richardson , founder of Score More Sales. MORE
Ryan Smith Qualtrics in 2002 alongside his father in their family basement in Utah. Meet SaaStr’s Most Respected Leaders of 2019. Our most popular CEO, COO’s and Presidents that spoke at SaaStr Annual 2019. Curious how we came up with this list? We found our most popular speakers by speaker views and likes, session bookmarks and ratings weighing categories more heavily for overall rating than initial interest. MORE
He served as CEO for the company until 2002 before moving on to Materna. Meet SaaStr’s Most Respected Leaders of 2019. Our most popular CEO, COO’s and Presidents that spoke at SaaStr Annual 2019. Curious how we came up with this list? We found our most popular speakers by speaker views and likes, session bookmarks and ratings weighing categories more heavily for overall rating than initial interest. MORE
I’ve been coaching leaders around the world since 2002. I had left Microsoft in 2002 and had started doing a lot of public speaking. This question has been shaping customer experience expert Jeanne Bliss ’s career for as long as she remembers. MORE
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 Earlier this week, Google celebrated the tenth anniversary of its IPO. I re-read the Founder’s IPO Letter and found this passage which captured so much about Google’s values: Google is not a conventional company. MORE
2002 71 3.0 One of the cloud’s great promise has been cost-reduction and for a while, we’ve chanted a mantra that startups require less capital than before to get started and ultimately succeed. As the number of publicly traded SaaS companies has grown with time, it’s possible today to examine whether those statements are proven in the data, at least for those 41 publicly traded companies. MORE
LiveChat Software has 21,000 customers and was founded back in 2002. By Geoff Roberts 9 min read If you’ve been hanging out anywhere near B2B marketing circles the past few years, you couldn’t possibly have missed it - live chat, modern messaging apps, conversational marketing - call it what you will. It’s a space that’s on fire in 2018. MORE
That was 2002. Summer is upon us, and so are the many recommendations of books that one should read. I’m a big fan of reading lists—they keep my reading queue deep and diverse. But there’s an underlying FOMO that some lists encourage. MORE
Before 2002, the median ROIC never exceeded 0.9. 2002 1.05 Last week, we analyzed the fund raising history of billion dollar SaaS companies and determined SaaS startups are raising nearly twice as much capital as 16 years ago before going public. Given that trend, I wondered if there is there any truth to the idea that startups today require less capital than before to succeed. MORE
2002 Related Topics 
Chargebee
AUGUST 26, 2021
Since then, the LMS has come to life through various forms, especially with inventions like the desktop in 1970 to the open-source internal network in 2002. The first learning management system was developed in 1924 from a simple typewriter through which questions were administered.
SaaStr
APRIL 4, 2020
Start raising own fund in 2002. But … from a fund you started raising in 2002. Because it takes so, so long to make money from it. At least from very early-stage investing. So while not a young person’s game per se, it really helps to start early.
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SaaStr
MARCH 10, 2021
The first 10 years were actually pretty challenging … the company was founded way back in 2002. Founded in 2002 by Tooey Courtemanche, who is still CEO. Toeey started the company in 2002 and served as its President for the first few years, and again since in 2019.
SaaStr
MAY 21, 2021
Procore was founded way back in 2002 to automate construction project management. So three of my personal favorite SaaS companies finally went public, Squarespace, Procore and UiPath.
Network World
APRIL 18, 2017
When Simonyi quit as Microsoft's Chief Software Architect in 2002, it was to create a start-up devoted to making programming simpler. Serial space tourist Charles Simonyi is going back again -- to his former employer, Microsoft. Now Microsoft has agreed to acquire that company, Intentional Software. During his absence from Microsoft, Simonyi also found time to fly to the International Space Station -- twice.
Network World
APRIL 18, 2017
When Simonyi quit as Microsoft's Chief Software Architect in 2002, it was to create a start-up devoted to making programming simpler. Serial space tourist Charles Simonyi is going back again -- to his former employer, Microsoft. Now Microsoft has agreed to acquire that company, Intentional Software. During his absence from Microsoft, Simonyi also found time to fly to the International Space Station -- twice.
Hitenism
NOVEMBER 7, 2016
All the way back in 2002, Jeff Bezos issued a 6-point mandate to engineers at Amazon. In 2006, after Amazon Web Services (AWS) helped pioneer what we now call the cloud, product development changed forever. What once took millions of dollars and a team of engineers to create, a lone developer could suddenly hack together in half an hour. Today, one-third of daily internet users visit websites built on top of AWS. AWS is now an $11.5B
SaaStr
MAY 15, 2019
He served as CEO for the company until 2002 before moving on to Materna. Meet SaaStr’s Most Respected Leaders of 2019. Our most popular CEO, COO’s and Presidents that spoke at SaaStr Annual 2019. Curious how we came up with this list? We found our most popular speakers by speaker views and likes, session bookmarks and ratings weighing categories more heavily for overall rating than initial interest.
OpenView Labs
JULY 21, 2021
That was 2002. Summer is upon us, and so are the many recommendations of books that one should read. I’m a big fan of reading lists—they keep my reading queue deep and diverse. But there’s an underlying FOMO that some lists encourage.
SaaStock
JANUARY 25, 2019
Founded : 2002. The Latin American SaaS landscape is hustling and bustling, having seen more IPOs in the last 6 months than the previous 20 years combined. We are excited to be part of its history in the making as we bring SaaStock to Sao Paulo from April 23rd to the 25th. We will gather 300 leading SaaS founders, executives and investors for three days packed with opportunities and rich exchange of knowledge to push the whole ecosystem forward.
SaaStr
JUNE 7, 2021
Peter : 2002, I guess or so. Jason : The world ended in 2002 too. As we gear up for SaaStr Annual 2021 in the SF Bay Area , we wanted to take a look back at some of our most iconic speakers and sessions from over the year, that we can still learn from today.
|
How To Buy Saas
JULY 19, 2021
Bluehost was established way back in 2002. Bluehost WP Pro Hosting is a hosting plan that evolves with a, pardon the pun, ‘host’ of money-saving characteristics that might help you grow your WordPress website.
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] Every so often I post highlights from the quarterly Fenwick & West Venture Capital Survey , as much to share knowledge about the existence of the survey [1] as to share its current-quarter data. This survey is important for two reasons. First, it shows trends in price changes over time across various VC rounds.
Tomasz Tunguz
MAY 13, 2015
In 2002, the company invested significantly in sales and marketing, but suffered a decline in revenue. in 1999, and ultimately wrote off about $1.4B, which had to be recognized in the period from 2000 to 2002. Ariba went public in 1999 three years after having been founded. In its first year of selling, the company generated $800,000 in revenue. Then it ramped. $8 8 million, then $45 million, then $274M.
BetterCloud
SEPTEMBER 10, 2020
The Sarbanes-Oxley Act (SOX) Public Accounting Reform and Investor Protection Act was passed in 2002. In the first part of our month-long series on compliance essentials , we looked at content scanning.
Tomasz Tunguz
FEBRUARY 25, 2017
This is the illusion of explanatory depth or IOED, which Rozenbilt and Keil described in 2002. Draw an image of a bicycle that depicts how the bicycle works. You might draw something like this bike above. Or this one. Or this one. But as Gianluca Gimini discovered when he asked 50 people over the course of six years to draw a bicycle, most people cannot - despite their great confidence of the contrary.
SaaStr
MAY 17, 2019
Because I had raised a bunch of money for my first startup, BigMachines, in 2000, raised over 20 million dollars, hired up to about 70 people, and then by 2002, realized we were on our way to going bankrupt, and we met deep recession in 2002, weren’t able to sell any customers, and they all thought the internet had been a fad and good thing it was over. And that’s how we were able to then survive from 2002 til about 2007, when the cloud market finally took off.
Tomasz Tunguz
APRIL 14, 2014
Looking at the gross dollars invested in engineering, the 2014 cohort spends much more than the 2010, 2006 and 2002 cohorts, setting aside one outlier year in the 2006 cohort. 2002 44 7. Last week, we proved SaaS startups are raising more than they have in the past and newer SaaS companies seem to be generating more revenue per dollar invested. But do newer SaaS companies actually spend less on sales and engineering than their older counterparts?
Tomasz Tunguz
APRIL 3, 2014
Before 2002, the median ROIC never exceeded 0.9. 2002 1.05 Last week, we analyzed the fund raising history of billion dollar SaaS companies and determined SaaS startups are raising nearly twice as much capital as 16 years ago before going public. Given that trend, I wondered if there is there any truth to the idea that startups today require less capital than before to succeed.
SaaStr
MAY 23, 2019
Well in 2002, I know it was a long time ago. But in 2002 there were only two types of startups in existence. There was no other type of startup in 2002 when the internet bubble burst. Dave Kellogg is the former CEO of Host Analytics and prolific blogger. Join him as he takes you through lessons learned from Host Analytics on the top questions every SaaS CEO wrestles with. Want to see more content like this? Join us at SaaStr Annual 2020.
Neil Patel
FEBRUARY 11, 2021
While the average cost of a 30-second TV ad slot during the Super Bowl has more than doubled since 2002 , getting in front of your audience via social ads has actually become cheaper.
Tomasz Tunguz
NOVEMBER 14, 2015
In 2002, pushed by new head coach named Sir Dave Brailsford, the team implemented philosophy of continuous incremental improvement. In 76 years, the British cycling team have recorded only one gold medal. And the results were astounding. In the last two Summer Olympics, the British cycling team has won seven of a possible 10 gold medals at each event, a remarkable transformation. But, it wasn’t a 1% improvement on any arbitrary metric.
Neil Patel
MARCH 17, 2021
Because the oldest Gen Zers are reaching an age where they can make their own purchasing decisions, you have a whole new audience you can target with your paid ads.
ProfitWell
APRIL 22, 2019
Continuous delivery and automation platform Electric Cloud is no spring chicken, founded back in 2002. Good day, world. Abby here on Earth Day, so we take today to appreciate Mother Nature, but we don’t stop at that. We practice gratitude and ecofriendliness every dang day. But also, subscription. The Rundown In resources. A B2B Proposal c/o PandaDoc.
Neil Patel
SEPTEMBER 22, 2020
Founded in the mind-blowing 2002 they’ve helped 1500+ clients generate 1 billion dollars. Imagine this…. Your website is ranked for every keyword you can think of.
Sales Hacker
MARCH 2, 2021
Michelle Benfer: I started in media in 2002, and I started in SaaS in 2013. If you missed episode 149 check it out here: What Makes a Great Sales Leader with Hunter Madeley. Subscribe to the Sales Hacker Podcast. We’re on iTunes. And on Stitcher. Show Agenda and Timestamps.
SaaStr
JULY 2, 2019
Following five years at Oracle, I was lucky to land at Salesforce.com in 2002. One thing as a salesperson at Salesforce.com in 2002 and beyond, that I don’t really think we appreciated at the time to the extent that we should’ve, was this concept of a free trial. Join Kevin Egan, Slack’s VP of North American Sales and Dannie Herzberg, Slack’s Director of Sales as they walk you through Slack’s Freemium to Enterprise strategies.
SaaStr
MARCH 11, 2019
Jason Lemkin: But looking back, you started in 2002, and it was a terrible time to start, but also good because there weren’t 10,000 companies each year out of Y Combinator and EF and others. Ryan Smith: I think if you look at this, this is a great way for those who are new into tech, if you look at 2002, we were in the shadow of the.com.
Inside Intercom
MARCH 25, 2021
I’ve been coaching leaders around the world since 2002. I had left Microsoft in 2002 and had started doing a lot of public speaking. This question has been shaping customer experience expert Jeanne Bliss ’s career for as long as she remembers.
SaaStr
FEBRUARY 26, 2019
Jared started, this is in 2002, he’s got the Antonio Banderas look going on there. Jason Lemkin: But looking back, you started in 2002, and it was a terrible time to start, but also good because there weren’t 10,000 companies each year out of Y Combinator and EF and others. Ryan Smith: I think if you look at this, this is a great way for those who are new and the tech, if you look at 2002, we were in the shadow of the.com.
Tomasz Tunguz
DECEMBER 7, 2015
Founded in 1996, the company initially sold licensed software and migrated to multi-tenant SaaS in 2002 with a product called UltiPro. The Ultimate Software Company is a $5.5B market cap provider of SaaS Human Capital Management software. Today, more than 82% of revenues are subscription dollars.
Sales Hacker
APRIL 10, 2018
In 2002 the “bubble” burst to wipe out most of the Silicon Valley. The Winning By Design Blueprint Series provides practical advice for every part of a SaaS sales organization. In this blueprint, we take a tactical approach on how to build a go to market strategy. This will then help you diversify your revenue, make your business more resilient to economic setbacks and help you plan for growth. 5 Steps To Building Your Go To Market Strategy. Where you can apply this GTM strategy.
Hull
JANUARY 22, 2019
In 2002, Aaron Ross's Predictable Revenue playbook from his time at Salesforce was published. If you're interested in getting started with Hull's customer data platform, take a look at our customer's most common playbooks for data-driven sales & marketing (it is not 2002 any more) and our guide to getting started with customer data integration. Over the past few years, we've seen a new role emerging at within scaling startups - the growth engineer.
Tomasz Tunguz
OCTOBER 13, 2014
The average disclosed sale price in the same period has increased about 10% annually, inflation adjusted[2], each year since 2002, substantiating the hypothesis that big acquisitions are fewer in number, but command higher price points. The startup acquisition market is poised to have its best year in nearly a decade.
Tomasz 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 Earlier this week, Google celebrated the tenth anniversary of its IPO. I re-read the Founder’s IPO Letter and found this passage which captured so much about Google’s values: Google is not a conventional company.
SaaStr
NOVEMBER 28, 2019
How does a startup that launched during the financial crisis in 2008 become a unicorn company in 2019? For Collibra, a cross-organizational data governance platform, the company went from slow growth to hypergrowth.
Tomasz Tunguz
APRIL 2, 2014
2002 71 3.0 One of the cloud’s great promise has been cost-reduction and for a while, we’ve chanted a mantra that startups require less capital than before to get started and ultimately succeed. As the number of publicly traded SaaS companies has grown with time, it’s possible today to examine whether those statements are proven in the data, at least for those 41 publicly traded companies.
SaaStr
NOVEMBER 13, 2020
I think every one of us that had lived through 2001 and 2002 or 2000, 2001, and then again, lived through ’08, ’09, we immediately pulled out our playbooks and we’re like, “Here it is, this is the downturn we’ve been waiting for.”
Sales Hacker
APRIL 28, 2020
Lori Richardson: I started a sales consulting business in 2002, which seems like forever ago. This week on the Sales Hacker podcast, we speak with Lori Richardson , founder of Score More Sales.
Outseta
OCTOBER 31, 2018
LiveChat Software has 21,000 customers and was founded back in 2002. By Geoff Roberts 9 min read If you’ve been hanging out anywhere near B2B marketing circles the past few years, you couldn’t possibly have missed it - live chat, modern messaging apps, conversational marketing - call it what you will. It’s a space that’s on fire in 2018.
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