Bezos' Shareholder Letter in 2000
Tom Tunguz
JUNE 19, 2022
Just as important, though, Amazon managed their finances well. Net Income, $m. Cash & ST Equivalents, $m. Before the dotcom crash, Amazon grew at 68% and lost -$1.4b in net income.
2003 Related Topics 
Why Do Some People Consider Venture Capital a “Young Person’s Game”?
SaaStr
APRIL 4, 2020
Procore was founded in 2003. Finally close own fund in 2003, after 12 months. Invest in seed round of Procore in 2003. Let’s take a fun example of a simply awesome SaaS company that will IPO soon, doing hundreds of millions in ARR — Procore. Imagine you were a seed VC: Started as an angel, in say 2000. Say 5% of $3,000,000,000.
Venture Capital 
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A $30B Software Company from a $15m Investment
Tom Tunguz
DECEMBER 26, 2022
From 2003 to 2014, Constellation’s revenues compounded from $80m to more than $5b, an average of 25% annually. A former venture capitalist, Mark Leonard started Constellation in 1995 with $15m of outside investment & a goal of buying vertical software companies with a moat & good unit economics.
Software Review 254
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Three Mega IPOs That Took A Long, Long Time To Get Big: Squarespace, Procore and UiPath
SaaStr
MAY 21, 2021
Procore didn’t really begin to take off until 2012: Squarespace was founded way back in 2003 in the CEO’s dorm room, and for years revenue was nominal. But took a full decade for mobile to get mature enough to make construction software really work, because it had to work in the field.
Construction 262
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10 Rules to Being a VP of Sales in a Startup
SaaStr
FEBRUARY 26, 2021
I started my career as a tech recruiter, working exclusively with venture backed startups from 2000-2003. It’s going to end in a firesale, an asset sale, or some kind of sale where nobody makes any money. It was a great training ground to learn how to handicap a startups chances for success or failure.
Sales Hiring 291
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Doubling Down: Satya Patel, Partner at Homebrew
SaaStr
JANUARY 25, 2024
Satya joined Google in 2003 and was responsible for AdSense product management and partnerships. Prior to Homebrew, Satya was VP Product at Twitter, building and leading the Product Management and User Services teams. Before Twitter, he was a Partner at Battery Ventures, where he co-led the seed and early stage investing practices.
That Will Never Work
Tom Tunguz
SEPTEMBER 17, 2019
Marc founded the business and served as its first CEO until Reed Hastings took the helm in 2003. Marc has helped many companies get off the ground, but the most famous is Netflix. In [That Will Never Work](), Marc recounts the early days of the $130B market cap company first started in Santa Cruz and it’s a remarkable story.
Scaling 180
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The 18 Awesome Women of SaaS in Asia
SaaStock
MARCH 8, 2019
Bai Xue believed in the internet – and in 2003 she did the unthinkable: she quit a secure and well-paid job at Panasonic to join the startup movement. Today Grab is Southeast Asia’s leading ride-hailing platform, valued at $3 billion. It’s no wonder that Hooi Ling Tan is on Fortune’s 40 Under 40 List.
How Healthy is the SaaS IPO Market?
Tom Tunguz
JUNE 30, 2016
Salesforce’s initial public offering in 2003 demarcated the beginning of a new era, the era of Software as a Service. In 2003, Salesforce kicked things off. In the 13 years that followed, many startups have followed their path to build innovative software that has transformed their respective industries and sectors.
Marketing 101
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OneNote vs. Evernote: A personal take on two great note-taking apps
IT World
MAY 24, 2023
Launched in 2003, OneNote was added to the Microsoft Office suite (most versions of which are now called Microsoft 365) in 2007. What’s the king of the note-taking apps? There are two leading contenders for the crown: Microsoft’s OneNote and the independent Evernote.
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Not all patching problems are created equal
IT World
MAY 16, 2022
Then in October 2003, Microsoft formalized the release of normal security updates on the second Tuesday of the month. Microsoft has released patches for years. But they haven’t always been released on a schedule. In the early days, Microsoft would release updates any day of the week. Thus was born Patch Tuesday.
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The Decreasing Follow On Financing Success of Startups
Tom Tunguz
MAY 10, 2015
The rate at which startups are raising follow-on rounds is decreasing, and has decreased steadily from 2003 through 2013. Between 2003 and 2006, post-Series A startups raised series Bs about 57% of the time. However from 2011-2014, that figure fell to 28%.
Finance 100
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Reading list: Platforms, ecosystems, and partnerships
Intercom, Inc.
MAY 5, 2020
Salesforce figured out in 2003 that just having the list of partners on our site that integrated with customers wasn’t enough; we needed to facilitate the discovery, the ranking and the promotion of community advocacy around these solutions.
More of SaaStr’s Most Respected Leaders Awards List Revealed!
SaaStr
MAY 8, 2019
From 2003 on he has been with WordPress in a role he best describes himself “My roles with WordPress have spanned development, support, design, systems, event planning, janitorial, and public advocacy — thankfully, the community now includes people far better than me at all those tasks.”. Matt Mullenweg is the Founder and CEO of Automattic.
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Will Bing and Edge become the center of the Microsoft universe?
IT World
MAY 11, 2023
That’s a far cry from 2003, when Internet Explorer had a 95% market share. In search, Google has a stranglehold with 85% of the worldwide search market share in the first quarter of 2023, compared to 9% for Bing. In browsing, Edge fares even worse: it accounts for a 5% market share compared to 64% for Chrome and 20% for Safari.
Development 93
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The Future Is Here, It’s Just Not Evenly Distributed
Tom Tunguz
MARCH 19, 2013
William Gibson, quoted in The Economist, December 4, 2003. An entrepreneur shared this quote with me a few weeks ago. The future is already here – it’s just not evenly distributed.
Startup 113
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VC investment trends in the consumer web
Tom Tunguz
NOVEMBER 26, 2012
Since the bottom in 2003-2004, consumer deals have increased their share of venture dollars growing by 250% to about 25%. Consumers share growth is also evident when compared just to enterprise investments. After the bubble burst, enterprise deals outnumbered consumer deals 9 to 1.
Trends 100
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Not A Conventional Company
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.
Education 100
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Book Review of Good Strategy, Bad Strategy by Richard Rumelt
Kellblog
JULY 11, 2020
For example, say it’s 2003 and you’re at CRM leader Siebel Systems. in annual revenue minimized Salesforce (who did a mere $65M in the first 9 months of 2003, the year they went public ) and, to the extent they would have used a framework like this, would have picked the wrong challenge and gotten the wrong strategy as a result.
Benchmarking Hubspot's S-1 - How 7 Key SaaS Metrics Stack Up
Tom Tunguz
AUGUST 26, 2014
DATA 2003 10 232. FLTX, a maker of fleet tracking software, has identical ARPC. I’ve plotted a subset of them in the chart above. Company Founded Years to IPO Rev in $M at IPO. RNG 1999 14 162. QLYS 1999 13 91. FLTX 2004 10 128. CTCT 2007 9 31. HUBS 2006 8 113*. WIX 2006 7 81. estimated from the first six months of the S-1.
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Who are Asia’s SaaS VCs?
SaaStock
MARCH 1, 2019
Founded: 2003. Its goal is to provide funding to high-potential tech businesses through its Cradle Investment Programme. Cradle Fund offers grant and equity funding, as well as support through coaching and growth assistance. Size of fund: $9.9M. Stage: Pre-seed, Seed and Early Stage. SaaS Investments: SalesCandy, KEPP, Dropee.com, and others.
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How WordPress is Powering Businesses Around the World
FastSpring
AUGUST 14, 2018
Since their start in 2003, WordPress has become the leading content management system for individuals and businesses alike. In fact, WordPress currently runs 31% of all websites around the world. Odds are some of your favorite sites on the internet are powered by WordPress.
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How to Get More Organic Traffic Without Doing Any SEO (Seriously)
Neil Patel
DECEMBER 10, 2019
Now to be fair, this was back in 2003 when it wasn’t that hard to rank on Google (or any other search engine for that matter). Well, this story will help explain it…. The old days. When I first started my journey as an SEO, I got really good at one thing. Getting rankings!
Scale 145
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Who is Nir Eyal: Background, Books, Newsletter, and More
User Pilot
MAY 29, 2024
Since 2003, he has co-founded and successfully sold two technology companies , Sunshine Business Development, LLC and AdNectar, Inc. He frequently speaks and writes about the psychology behind user behavior and how businesses can leverage these insights to create engaging and effective products. How did Nir Eyal begin his career?
How to Create a LinkedIn Newsletter (and Why They Matter)
Neil Patel
JANUARY 27, 2021
Launched in 2003, LinkedIn has become the most popular social network for professionals. With over 700 million users globally, it is now one of the biggest social media platforms. That’s why every brand should be using LinkedIn to grow their brand. One way to do that is by creating a LinkedIn newsletter. What Is a LinkedIn Newsletter?
Social Media 137
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Strategy as a Series of Beliefs
Kellblog
MAY 12, 2024
Era 4 (2003-2005). Era 3 (1999-2002). We believe the Internet will require a wholesale rewrite of business intelligence (BI) tools and enable both existing internal and new external use-cases for BI. We believe that customers will increasingly want to buy an integrated suite of BI tools, including Q&R, OLAP, and enterprise reporting.
Strategy 113
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The Best Blogging Platforms (In-Depth Review)
Neil Patel
SEPTEMBER 19, 2020
However, since Google’s acquisition in 2003, you can display Google Ads on your blog to make a little extra money on the side. It works well for simple blogging, but you can’t create a full-fledged website, so I don’t recommend it if you want to build a brand and make money blogging. Summary.
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How to Target Generation Z Through Paid Ads
Neil Patel
MARCH 17, 2021
Of 18 to 21-year-olds who weren’t in high school in 2018, 57 percent were in college, compared to 52 percent of Millennials in 2003, and 43 percent of Gen Xers in 1987. What’s more, despite the growing cost of college tuition, Gen Z are better educated than earlier generations.
Social Media 145
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Benchmarking Tableau's S-1 - How 7 Key SaaS Metrics Stack Up
Tom Tunguz
SEPTEMBER 21, 2014
Founded in 2003, Tableau followed a more gradual revenue growth curve than the median SaaS company. In these plots, I’ve used Tableau’s colors as a consistent legend. Tableau company data is blue, median values are black, and other company values from a basket of about 40 publicly traded SaaS companies are gray.
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The Future of AI Is Amazing
Andreessen Horowitz
MARCH 5, 2024
in 2003, Sebastian Thrun had just won the DARPA Grand Challenge, right? ” Like, autonomous vehicle is a solved problem back in 2003. And one of the best examples of this is autonomous vehicles or robotaxis. So, when I joined Stanford to do my Ph.D. So, he had driven a van autonomously across the desert and won this.
AI Search 77
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Using the Google Search Trends 2021 Report to Generate Content Ideas
Neil Patel
DECEMBER 28, 2021
To see search growth for a particular topic, simply set your search duration to “2003 to present,” so you can see long-term traffic on the topic. If you’re searching for a new niche, Google Search Trends is a great way to identify rapidly-expanding niches that may have content gaps you can fill.
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How to Reduce Sales Friction with Salesflare Tasks
yoursales
SEPTEMBER 8, 2022
Since 2003 LinkedIn in has increasingly become a critical part of the sales process. With – among many great features – automatic activity logging, automatic contact creation, and an endless array of integration possibilities to top it off. All of these features contribute to reduced friction in the sales process.
Sales 79
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Microsoft, its partners, and the ‘last-mile problem’
IT World
MARCH 21, 2022
Then, around 2003, Microsoft developed a product that bundled many of the items a small business might need. The company can develop the product, but it’s that last delivery mile that can be hard to manage.
Consulting 54
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A Look Back: Slack at $30,000,000 in ARR
SaaStr
APRIL 16, 2023
In a kind of analogous way, everyone uses the Internet now, which wasn’t true certainly, when we started Flickr, in late 2003. There was suddenly this transition to where the receptionist has a computer, the accountant has a computer, the architects have a computer, and the planners have computers. We started development in early 2004.
Scale 326
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Top Lessons in Building Great Teams from Khosla Ventures (Video + Transcript)
SaaStr
JUNE 11, 2019
Keith : So from 2003 to 2013 before I joined Khosla Ventures, I was a pretty active angel investor in Silicon Valley. Let’s shift now to the dynamics, or rather the stages of the startup, right? What’s the smallest deal you’ve done? Because you’ve done a lot of angel investments in your time as well.
Holiday Specials: 2023 Cyber Weekend SaaS and Software Deals
FastSpring
NOVEMBER 16, 2023
SyncBack, our class leading backup software, was first released in 2003. Deal: “ 50% off everything. Deal starts: November 18, 2023 Deal ends: November 28, 2023 No coupon code required. 2BrightSparks Pte Ltd “ 2BrightSparks was incorporated in 2004 and has established a reputation in developing high quality, easy to use utility software.
Net Promoter Score (NPS) in Customer Success and its relevancy
CustomerSuccessBox
JUNE 28, 2021
Net Promoter Score (NPS) was first developed in 2003 by Bain and Company and it measures the loyalty of customers to a company. If back in 2003 you’d ask me what are the chances that you’re going to recommend me, my friends, or my family on a scale of 1 to 10? Net Promoter Score scores can range from -100 to 100.
Congratulations, You’ve Created a Category. Now What?
Kellblog
JUNE 7, 2020
Thus, paradoxically, you likely would have been “dead right” as a BI vendor if you rejected the inclusion of financial planning in 2003. [10] A key point here is that while these categories organ-rejected each other, that took place literally over the course of decades.
Scale 104
104 How to Track and Drive Productivity for Remote Sales and Customer Service Reps in 2019
Sales Hacker
FEBRUARY 8, 2019
employees reported working remotely all or some of the time in 2017, compared to just 23 percent in 2015 and 19 percent in 2003 , per the Bureau of Labor Statistics. Per Gallup, the size of the remote workforce has nearly doubled in the last few years. A whopping 43 percent of U.S.
Sales 69
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4 Ways for Leaders to Build Resilience
OpenView Labs
MAY 4, 2020
I learned this lesson in resilience in the spring of 2003 when I was leading the sales team at BMC Software in Houston. Here are four that seem relevant today: Learning resilience #1: Lean towards the obstacles. You need to see yourself on the other side of this crisis.
Leadership 75
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Human-Centered Design Network’s Gerry Scullion on inclusive architecture
Intercom, Inc.
SEPTEMBER 12, 2019
I had a moment of clarity in 2003, a very long time ago, where I realized I was contributing to the mass destruction of the planet by producing products that were the highly disposable at the time: battery packs and stuff that was just protecting a couple of four AA batteries. Gerry: I’ve always been interested in industrial design.
Systems Review 112
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Top Lessons in Building Great Teams from Keith Rabois and Founders Fund (Video + Transcript)
SaaStr
JUNE 23, 2019
Keith : So from 2003 to 2013 before I joined Khosla Ventures, I was a pretty active angel investor in Silicon Valley. Let’s shift now to the dynamics, or rather the stages of the startup, right? What’s the smallest deal you’ve done? Because you’ve done a lot of angel investments in your time as well.
The Best Website Builders (In-Depth Review)
Neil Patel
SEPTEMBER 12, 2020
The platform has come a long way since it launched in 2003 and is the most popular content management system on the web today. . #4 – WordPress / Website builder — The Best For Content Management. One of the oldest and most reliable website builders is WordPress. In fact, WordPress powers a whopping 37.6% of all websites.
Payment Methods 145
145 
Salesforce’s Mike Kreaden on how to build a platform to drive growth
Intercom, Inc.
JANUARY 24, 2019
Salesforce figured out in 2003 that just having the list of partners on our site that integrated with customers wasn’t enough; we needed to facilitate the discovery, the ranking and the promotion of community advocacy around these solutions.
Scale 151
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