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5 Interesting Learnings from Jamf at $500 Million in ARR

SaaStr

The company was founded in 2002, well before Apple’s renaissance, and took a while to take off. Sometimes, you need a macro trend to really break your way. JAMF: pic.twitter.com/99ZoDn85YO — Jason Be Kind Lemkin  (@jasonlk) January 29, 2023 5 Interesting Learnings: #1. 12+ Years Until Business Really Took Off.

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The Financing Trends of Billion Dollar SaaS Companies

Tom Tunguz

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 2002 71 3.0 From this table, we can identify five key trends: The number of SaaS IPOs has more than doubled in the past 12 years. 1998 42 2.5 2006 66 4.0 2010 101 4.5

Finance 100
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The Four Key Trends of the Startup Acquisition Market

Tom Tunguz

Given this state of affairs, it’s a good time to take stock of the major trends in the startup market. If acquirers maintain the same pace from the first nine months of the year through Q4, more than 450 venture-backed startups will have been acquired, generating more than $25B in proceeds.

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Do Startups Require Less Capital to Succeed than 10 Years Ago?

Tom Tunguz

Given that trend, I wondered if there is there any truth to the idea that startups today require less capital than before to succeed. The line chart above shows the trend across the four different IPO cohorts from 1998-2014. Before 2002, the median ROIC never exceeded 0.9. over the course of the same 16 years.

Startup 100
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The Investment Patterns of SaaS Companies in Sales and Engineering Over Time

Tom Tunguz

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

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5 Business Books I Wish I’d Read Sooner

OpenView Labs

While it may be on-trend to make a list of 10 or seven, this list is limited to five. That was 2002. A story of times when I read a book that had been out for a while and regretted not reading it sooner. It’s a forcing function that brings impact and clarity to the list. Finally, yes, this is a listicle—but my list is different.

Business 101
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Not A Conventional Company

Tom Tunguz

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.

Education 100