SaaStr

NOVEMBER 11, 2021

2002-2019: Founders jealous of VCs, with their easy life, diversified. 2020-2021: VCs jealous of Decacorn founders that own so much more. 2022-2023: Why do we need VCs at all? — Jason BeKind Lemkin (@jasonlk) November 11, 2021.

Startup 278

Startup Venture Capital Cloud SaaS 278

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.

SaaS 59

SaaS Development Management 59

SaaStr

MAY 29, 2019

Ryan Smith Qualtrics in 2002 alongside his father in their family basement in Utah. With over 8,000 enterprise business using Qualtrics, the company counts Fandango, Xerox, Microsoft and Jetblue among its many high profile customers. Ten years later, the company went from bootstrapped to accepting funding.

Payment Solutions 229

Payment Solutions Payment Methods Payment Services Metrics 229

Tom Tunguz

APRIL 2, 2014

The first row contains data from IPOs between 1998-2002, the second bucket contains data from IPOs between 2002-2006 and so on. 2002 71 3.0 These figures are inflation adjusted and are in 2014 dollars. IPO Cohort Median VC$ Raised Median # of Rounds Median Round Size $M Median IPO Size Number. 1998 42 2.5 2006 66 4.0

SaaS 100

SaaS Finance Trends Startup 100

Tom 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. Presumably this is due to customer churn, as a fair number of their customers must have gone out of business.

Software Review 113

Software Review Outsourced Development Revenue Software 113

Tom Tunguz

APRIL 3, 2014

Before 2002, the median ROIC never exceeded 0.9. The line chart above shows the trend across the four different IPO cohorts from 1998-2014. The blue line shows the median ROIC and the red line shows the average ROIC. The trend is more pronounced in the average metric which grew from 0.822 2.0 over the course of the same 16 years.

Startup 100

Startup SaaS Revenue Trends 100

Tom 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. I’m not sure, but the trend is real on a percentage basis as well as on a dollars basis. There seems to be a bumpy, but persistent decline. 1998 34 11.

SaaS 100

SaaS Engineering Investment Sales 100

Tom Tunguz

FEBRUARY 25, 2017

This is the illusion of explanatory depth or IOED, which Rozenbilt and Keil described in 2002. Gimini rendered these drawings (on the right) to highlight incorrect most people’s understanding of a bicycles anatomy truly is.

Interviewing 100

Interviewing Startup Onboarding Software 100

SaaStr

MAY 15, 2019

He served as CEO for the company until 2002 before moving on to Materna. Zendesk went public under ticker $ZEN on the NYSE in 2014. Caput A/S, a communications framework company was Mikkel Svane’s first tenure as a founder in 1996. Mikkel later founded Zendesk in 2007 while living in Copenhagen, Denmark.

Sales Recruiting 168

Sales Recruiting Software Review Technical Review SaaS 168

Tom 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.

Growth Hacking 100

Growth Hacking Content Marketing Acquisition Customer Success 100

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.

Software 40

Software 40

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.

Software 40

Software 40

Tom 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.

Software 100

Software SaaS Marketing Revenue 100

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 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. Digging past the business revealed a wonderful culture.

Startup 100

Startup Revenue Trends Education 100

Tom 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. Or it could be that major tech acquisitions cost much more today than they did a decade ago.

Acquisition 114

Acquisition Startup Trends Marketing 114

Tom Tunguz

NOVEMBER 9, 2015

Founded in 2002, the Australian software maker Atlassian is an exceptional company in many regards. But foremost, Atlassian is one of the best examples of flywheel SaaS companies yet.

SaaS 124

SaaS Metrics Benchmarks Revenue 124

Crafty CTO

MARCH 8, 2023

You know which ones aren’t dead from 2002? So even though one’s Mastodon account can smoothly transition and live on, posts can disappear. Gruber pointed out that: I have 20 years of links at DF. Most of the older ones are dead, especially to blogs. Yeah, he would feel that pain as much as anyone. Gruber’s right about this.

Social Media 75

Social Media Mobile Management Business 75

Hitenism

NOVEMBER 7, 2016

All the way back in 2002, Jeff Bezos issued a 6-point mandate to engineers at Amazon. Instead of working forward on a product roadmap, work backwards from the customer to inform your product roadmap and ensure it’s focused on your actual customer needs. Force customer-centricity into the code.

AWS 189

AWS Scale New CTO Cloud 189

Tom Tunguz

NOVEMBER 4, 2015

He was awarded the Ernst & Young Entrepreneur of the Year in 2002. Kenny is a serial entrepreneur started his career as founder and COO at BroadJump, a broadband software company that grew to $100M in bookings.

SaaS 100

SaaS Technical Advisors Marketing Startup 100

OpenView Labs

JULY 21, 2021

That was 2002. In a past life I was an IBMer, and I was inducted into its technical executive fast-track program. In my mind, it was a matter of time before I’d be working directly with CEO Sam Palmisano, and I’d be IBM CEO designate.

Business 101

Business SaaS Software Engineering Artificial Inteligence 101

Intercom, Inc.

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. Allstate, the first vice president of customer satisfaction and loyalty, and then finally to Microsoft, where I was the first general manager of worldwide customer and partner loyalty.

Scale 181

Scale Business VP of Engineering Scaling 181

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 Startup Pricing 73

BetterCloud

SEPTEMBER 10, 2020

The Sarbanes-Oxley Act (SOX) Public Accounting Reform and Investor Protection Act was passed in 2002. In particular, we look at: Sarbanes-Oxley (SOX) compliance for SaaS, Provisions that apply to IT and SaaSOps professionals, The importance of audit logs, and. How BetterCloud audit logs help. Sarbanes-Oxley (SOX) compliance for SaaS.

SaaS 52

SaaS compliance Software Review Systems Review 52

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. If your marketing objective is to increase brand awareness, paid social media should be part of your strategy.

Social Media 143

Social Media Advertising Mobile Branding 143

ProfitWell

APRIL 22, 2019

Continuous delivery and automation platform Electric Cloud is no spring chicken, founded back in 2002. A couple of clouds are coming together as continuous integration software CloudBees acquires Electric Cloud, best known for their continuous delivery prowess. A match made in heaven. When it rains, it pours.

Cloud 45

Cloud B2B Subscription Payment Features 45

Neil Patel

MARCH 17, 2021

Perhaps as a result of their educational exploits, they’re also less likely to work in their teens and early 20s: Only 18 percent of Gen Zers aged 15-17 in 2018 were employed, compared to 27 percent of Millennials in 2002, and 41 percent of Gen Xers in 1986 62 percent of adult Gen Zers aged 18 to 22 were employed in 2018, compared to 71 percent of (..)

Social Media 145

Social Media Advertising Sales Recruiting Branding 145

SaaStr

MAY 17, 2019

And that’s how we were able to then survive from 2002 til about 2007, when the cloud market finally took off. So it was really a near death experience. Godard Abel: So I do, in hindsight, I really value those years, although at the time it was very anxiety and doubt filled, and a very painful time.

Scale 149

Scale Sales Hiring Scaling SaaS 149

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. .” And the reason that’s only kind of glib is, let’s look point by point. So these decisions can have a big impact.

Sales Hiring 119

Sales Hiring Scale Underperforming Technical Team Startup 119

Hull

JANUARY 22, 2019

In 2002, Aaron Ross's Predictable Revenue playbook from his time at Salesforce was published. In this post, we're going to share where growth engineers come from and why they're here to stay. But first, we need to set some context (albeit from the perspective of B2B SaaS). Selling has changed since Predictable Revenue was published.

SaaS Payments 77

SaaS Payments Engineering SaaS Payments 77

Intercom, Inc.

JANUARY 24, 2019

You’ve had a number of roles at Salesforce since you joined the company back in early 2002, from product management to startup relations. When I started in 2002, I was the first product manager for the API. Mike: Thanks, John, for having me. It’s actually been quite a wild ride with Salesforce from the early days.

Scale 151

Scale Startup AI SaaS 151

SaaStr

JUNE 7, 2021

Peter : 2002, I guess or so. Jason : The world ended in 2002 too. Don’t get discouraged. I’ve always done that, even Salesforce.com the early days. Jason : When did you join Salesforce? Jason : Another terrible time to be in technology. Peter : Yeah. Peter : Most people thought that cloud thing would never be big.

SaaS 333

SaaS Sales Hiring Underperforming Technical Team Scale 333

SaaStock

JANUARY 25, 2019

Founded : 2002. Neoway is targeted to serve a diverse range of industries, including transportation, consumer goods, construction, oil and gas, health and pharmaceuticals, technology, telecoms, banks, and insurance companies and brokers, among others. It has offices in Florianópolis, São Paulo, and New York City. CEO : Jaime De Paula.

SaaS Payments 257

SaaS Payments SaaS Payment Solutions Payments 257

Neil Patel

MARCH 16, 2021

Most of today’s top names in blogging and marketing started around the 2002-2005 mark. By giving them quality content at no-charge you are building goodwill with both the influencer and the influencer’s audience. Join Forces With Tomorrow’s Influencers.

Marketing 133

Marketing Subscription Payment Features Strategy 133

Neil Patel

SEPTEMBER 22, 2020

Founded in the mind-blowing 2002 they’ve helped 1500+ clients generate 1 billion dollars. If you’re in the early stages of your business development, you’ll need a CRO company that is solely focused on helping people in your situation. Yes, that’s a B! They focus on helping every business they can.

Sales Hiring 144

Sales Hiring Scale Outsourcing Services Underperforming Technical Team 144

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. Jason Lemkin: Everyone would love to bootstrap. If it were simply a binary choice, shall I sell 90% of my company or zero?

Acquisition 100

Acquisition Sales Hiring Marketing Scale 100

Sales Hacker

MARCH 2, 2021

Michelle Benfer: I started in media in 2002, and I started in SaaS in 2013. What has changed in sales leadership since 2005 [8:43]. Sam Jacobs: Then you moved to Vogue. What has changed over the last 10-15 years that you’ve been part of leadership positions? So I had a good 11 years in the media space.

Scale 69

Scale Sales Underperforming Technical Team Outsourced Development 69

Totango

MAY 30, 2019

Created in 2002, the awards honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide. The Stevie American Business Awards are the US’s premier business awards program.

Customer Success 13

Customer Success Innovation Leadership Technology 13