Tom Tunguz

MAY 13, 2015

In its first year of selling, the company generated $800,000 in revenue. Before its acquisition, which was consummated at the highest historical multiple of any software company , Ariba was the largest independent procurement software business. But, the company has been operating at close to breakeven since 2004.

Outsourced Development 111

Outsourced Development Software Review Technical Review compliance 111

SaaStr

APRIL 16, 2023

Fast forward to today, and Slack is coming up on $2 Billion in ARR , with the majority of its revenue being bigger enterprise deals … with a sales driven motion. It’s about scale and revenue. We started development in early 2004. From PLG innovator at $30m ARR t o a top SLG+PLG leader at $1B in ARR.

Scale 338

Scale Sales Hiring PayPal Development Team Review 338

OPEXEngine

NOVEMBER 22, 2022

Both new and existing SaaS companies moved into developing industry-specific software, giving rise to Vertical SaaS companies. Horizontal SaaS companies develop and provide software for a specific function used by companies across all industries. Horizontal SaaS Companies. Financial Profile of Horizontal SaaS Businesses.

Business Model 52

Business Model Business SaaS Scale 52