SaaStr

NOVEMBER 13, 2019

apps of 2006 got to $100,000,000 in ARR: Conga is a pioneer in the document creation and assembly space (as a sponsor of 2020 SaaStr Annual — thank you!!). The interesting part is that (x) every member of the Class of 2006 in SaaS that (y) got to $10m ARR or so with happy customers … (z) got there. I salute Conga, and the rest of the best of 2006. The post Of the SaaS Class of 2006, Everyone Great Got to $100,000,000 in ARR.

Retention 158

Retention SaaS Revenue 158

The Angel VC

NOVEMBER 1, 2006

TechCrunch today profiled a new comparison shopping site called Ugenie. What makes Ugenie different from most (all?) other similar sites is that the service not only finds the best price on a single item but also the best total price on any bundle of books, CDs, DVDs or games that you happen to be interested in. Ugenie finds the best bottom-line prices for you, taking into account shipping costs, taxes and discounts.

Pricing 100

Pricing Startup 100

The Daily Egg

JUNE 9, 2021

The platform has been helping online business owners sell products since 2006. Shopify knows ecommerce. It has five different plans and a barrage of helpful ecommerce features. However, where Shopify really shines is with its customer support team.

Customer Support 151

Customer Support Business 151

The Daily Egg

FEBRUARY 1, 2021

The company was founded back in 2006 to help teams manage work better. Wrike is a robust project management solution built for modern agile teams. It’s trusted by more than 20,000 organizations across the globe, including big names like Google, Airbnb, Dell, and Siemens.

Management 158

Management 158

SaaStr

DECEMBER 8, 2020

But take a look at these examples: Marketo (and Hubspot): Founded 2006. Shopify: Founded 2006. Zendesk : Founded 2006. Just get there. Blackline is worth $7 Billion pic.twitter.com/PmdU6Zf4sD. — Jason BeKind Lemkin (@jasonlk) December 7, 2020.

SMB 189

SMB SaaS Cloud Revenue 189

SaaStr

AUGUST 3, 2019

That was back in 2006 in SaaS! Going from no product to $200k in ARR in SaaS in 2006 was pretty awesome, actually. To tell me $2m ARR in Year 1 wasn’t just ambitious, but borderline insane for a new product in a new market in a new category in 2006 in SaaS. My biggest mistake, the second time, was setting insane Year 1 projections. I had such a great set of co-founders, I projected we’d hit $2m ARR in our first year. And for real. I was 100% sure we’d hit it.

Business 127

Business SaaS Marketing 127

SaaStr

FEBRUARY 17, 2021

An incredible journey from a fairly simple product at founding in 2006. Remember when it seemed like websites were just a commodity? Well, it turns out, people care. They want a slick site that does more, from eCommerce to payments to marketing and more. And SMBs are back in SaaS.

SMB 244

SMB Scaling Revenue Churn 244

Andreessen Horowitz

SEPTEMBER 12, 2019

In 2006, LendingClub introduced a then-novel business model: the ability to offer online personal loans to millions of underserved customers. The peer-to-peer lender was a media and investor darling, hailed as a tech-enabled alternative to traditional banks. When LendingClub went … fintech mobile

Banking 80

Banking Business Model Business Mobile 80

Nimble - Sales

MARCH 25, 2019

For example, Facebook marked the beginning of a new era in digital marketing when they went public in 2006. Many technologies and trends have disrupted the digital world in the past. Today, almost every brand (local or global) uses this and several other social media platforms for marketing. The digital landscape will witness a few […]. The post 5 Digital Marketing Trends That You Can’t Afford to Ignore appeared first on Nimble Blog. Marketing

Social Media 83

Social Media Trends Technology Branding 83

SaaStr

JANUARY 2, 2020

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018. Why If You Can Get to $10m ARR, You Can Get To $300m ARR. That may sound controversial, or even silly. VCs may mock this. But hold on. Let me prove it to you.

Retention 251

Retention Cloud Churn Revenue 251

SaaStr

FEBRUARY 10, 2021

Launch on January 1, 2006. Question @jasonlk @saastr to @ericsyuan @zoom_us why the #ads and billboards & the effect of brand on #sales cycle? link] pic.twitter.com/1CuQoc2rcf. — Harry Stebbings (@HarryStebbings) January 26, 2017.

Branding 274

Branding Customer Success Innovation Enterprise 274

SaaStr

FEBRUARY 20, 2021

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. One of the things that causes a lot of anxiety in SaaS is market size. If you’re creating the latest Pinning app, or Social Network, the odds are surely against you.

Marketing 248

Marketing SaaS Acquisition Scaling 248

SaaStr

MARCH 1, 2019

More here: SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 | SaaStr. My own. When we sold EchoSign to Adobe in 2011, we were profitable, doing $1m a month growing ~100% YoY, had 37% usage market share and 31% revenue market share, and the entire market was probably $50m in size. Fast forward to 2019, and the market size is $1.25b+. 20x+ larger. It was a fair “exit” by the standards of the time, with a reasonable multiple of revenue.

Startup 123

Startup Marketing Revenue SaaS 123

SaaStr

JANUARY 25, 2021

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. We try to focus on positive things here on SaaStr. We leave negative to the critics. It’s easy to be a critic. It’s much harder to help and see the good in things.

Enterprise 221

Enterprise SaaS Scaling Investment 221

SaaStr

AUGUST 24, 2019

Some are laughably dated, but some are still as relevant today as ever: 2006: Fax integration. We launched in the first AppExchange class in late 2006 with the first true, deep Salesforce integration. Recently there was a lot of discussion around if there are truly “10x engineers” or not. It’s a complicated topic. But one thing that is clearly true — there are 10x Features. Talk to any experienced SaaS sales leader in a competitive space.

Mobile 176

Mobile Branding Engineering Scaling 176

SaaStr

DECEMBER 22, 2020

A bit more of a deep dive here: SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023. If your TAM really does seem too small for VCs, 2 choices really: 1. Just find that 1 VC that still believes. This can work. At least build a 1.0

Cloud 217

Cloud Marketing Enterprise SaaS 217

SaaStr

OCTOBER 3, 2019

The company was founded all the way back in 2006, amazingly. The first is just literally funding the company in 2006. But back in 2006 they were fighting conventional wisdom and the conventional wisdom at that time was that you could not make money selling software to marketers. And even back in 2006 SaaS was not what it is today. In the case of Marketo, being a marketing automation company, the need by 2006 was there. Want to see more content like this?

SaaS 156

SaaS Innovation Venture Capital Metrics 156

Hitenism

NOVEMBER 7, 2016

In 2006, after Amazon Web Services (AWS) helped pioneer what we now call the cloud, product development changed forever. Take a look at the 2006 press release for Amazon’s S3-Simple Storage Service, one of the first and best-known AWS products to be launched: It looks simple, but when he was putting together a pitch for Amazon Web Services, the current head of AWS Andy Jassy tore through 31 drafts of the initial press release before taking it to Jeff Bezos.

Cloud 162

Cloud Development Engineering Company Culture 162

SaaStr

DECEMBER 29, 2019

We launched on January 1, 2006 on TechCrunch , and while we closed some good names that first year (Dell, BT, Qualcomm, GE, Comcast, etc.),

Customer Success 275

Customer Success Churn Construction SMB 275

Tomasz Tunguz

APRIL 1, 2019

The era after 2006 and through the 2008 financial crisis was a different time to raise capital. The median revenue at IPO has increased from $55m in 2006 to $200m in 2018-2019. In 2014, I published a post called Do Startup Require Less Capital to Succeed than 10 Years Ago ? It’s been five years and time to see how things have changed. In the analysis, I created a metric, the return on invested capital (ROIC).

Acquisition 84

Acquisition Startup Revenue Trends 84

Trint

DECEMBER 1, 2020

Since its launch in 2006 it has raised over £200m, investing in minority positions in companies benefitting from trends in creativity, lifestyle and associated technologies.

Investment 130

Investment Banking AI Entertainment 130

Tomasz Tunguz

MARCH 11, 2020

In 2006, VCs invested about $3.5B What could happen to the fundraising market in the coronavirus era where organizers cancel events, the financial markets suffer from a bear market, and there is a lot of uncertainty? The most recent event to use as an analogy is the 2008 financial crisis.

Investment 112

Investment Startup Marketing Trends 112

Neil Patel

JANUARY 27, 2021

The term “inbound marketing” was coined by HubSpot in 2006. That original HubSpot inbound playbook was introduced in 2006. You can’t keep doing the same things that worked in 2006, or we’d all be keyword stuffing our blog posts to rank #1. Inbound marketing isn’t easy.

Trends 99

Trends Marketing Social Media Advertising 99

Baremetrics

APRIL 26, 2021

Adyen, a Dutch payment company dating back to 2006, also has its fair share of the market. Stripe is one of the biggest names in the payment processor business. Of course, these two solutions, while popular, don't necessarily meet the needs of every business.

Pricing 56

Pricing Churn Startup Subscription 56

SaaStock

MARCH 20, 2019

Founded: 2006. As we wrote in our launch post about expanding SaaStock New York into SaaStock East Coast , our main aim is to foster a community of top SaaS companies that spans all the way from Florida to Quebec. The SaaS industry’s beating heart will probably always be New York, and it will also be the home of SaaStock East Coast on June 4-6. However, we believe in giving the entire coastline a chance to flourish.

SaaS 214

SaaS Healthcare AI Airlines 214

Tomasz Tunguz

JUNE 15, 2017

Written in 2006, the book summarizes Kofman’s experiences as a management consultant to some of the great leaders in technology and other industries. I’ve been reading Fred Kofman’s book, Conscious Business. In the book, Kofman lists 12 questions Gallup used to identify great managers in one of the largest management surveys conducted. As I read this list of 12 questions, I started answering them for each of the different roles I’ve had.

Management 63

Management Consulting Communication Technology 63

Kellblog

JULY 4, 2020

1] This post is a fresh take on a post I did in 2006 entitled On Branded Features , which actually uses the same example. [2] Software startups seem drawn by sirens to brand their features. Hey, Apple does it. Think: Siri, Facetime. Microsoft tries it: Cortana.

Branding 73

Branding Innovation Leadership Strategy 73

OpenView Labs

MAY 27, 2020

In 2006, Brian Halligan and Dharmesh Shah founded HubSpot to help businesses “market to humans.” Traditional marketing was broken, they believed, so they set out to fix it. Within eight years, HubSpot grew from zero to $100+ million revenue with an IPO in 2014.

B2B 60

B2B Metrics Retention Acquisition 60

Tomasz Tunguz

OCTOBER 7, 2014

Above, I’ve plotted the mean and median investment amounts for Series As, Bs, and Cs from 2006 to through September of 2014 in the US, as reported by Crunchbase data. In fact, the median Series A in 2006 equals the median in 2014: $5M. The table below shows the Median Compound Annual Growth Rate (CAGR) of round sizes from 2006 to September 2014, the 75% Percentile CAGR, the total percentage change in median round size since 2006 and the median round size in 2014.

Venture Capital 40

Venture Capital Trends Data Startup 40

Frontegg

APRIL 29, 2021

Authentication frameworks have come a long way in the last decade. The old basic passwords have made way to new technologies due to today’s complex and dynamic cross-platform requirements. An ideal situation would involve a multi-method solution for your multi-tenant users.

Mobile 70

Mobile Enterprise Communication Trends 70

ChurnZero

DECEMBER 17, 2018

Since 2006, HubSpot has been on a mission to make the world more inbound. ChurnZero the real-time Customer Success platform announced that it has joined HubSpot as a Connect Beta Integrator. Today, ChurnZero announced that it has joined HubSpot as a Connect Beta Integrator. HubSpot, a leading growth platform, works with Connect integrators to help grow their business through listing and marketing and distribution resources to increase shared customers.

Venture Capital 48

Venture Capital Subscription Customer Success Churn 48

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. 2006 41 4. But in the 2006 cohort, DealerTrack spent only 4% on engineering investment, besting the 2014 engineering winner, Fleetmatics. 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.

Engineering 40

Engineering Investment Revenue Startup 40

Chargify

AUGUST 6, 2019

In 2006, Brian and Dharmesh started HubSpot with the aim of helping people grow their businesses through a less intrusive, more human approach to marketing. How to start a cult like HubSpot” , using the Internet to promote your product wasn’t a new idea in 2006. Take a look at the numbers from their first five years : Customer growth: 2006: 3 customers. HubSpot employees: 2006: 3 employees. Revenue growth: 2006: Unknown.

Venture Capital 43

Venture Capital Revenue Marketing Social Media 43

TriTuns

DECEMBER 4, 2018

Since 2006, Tri Tuns has been solely focused on helping SaaS vendors and buyers, all over the world, learn how to drive, accelerate and sustain adoption of technology. . The funny thing about technology is it can have a tremendous impact on productivity and effectiveness, yet it can also be a real source of fear and frustration. And with the rapid pace of technological change, many organizations are struggling with how to make software a real source of value.

Customer Success 40

Customer Success Technology Enterprise Business 40

SaaStock

MARCH 1, 2019

Founded: 2006. According to Mike Laven, CEO of Currencycloud, the one thing necessary for any company to succeed in China – or in any of the Asian countries – is to get local investment. You can read his advice and a plethora of valuable insight on Asian expansion in Notion VC’s The Journey East guide created for companies thinking of expanding to Asia. However, it was that particular advice that stuck with us.

Telecommunications 160

Telecommunications Venture Capital Investment SaaS 160

SaaStr

JUNE 4, 2021

Still, this isn’t 2006 or even 2016. Q: Dear SaaStr: How Do I Compete with a Company that has Unlimited Capital — and I Don’t? Do they have a strong brand? If not, it may not matter. There is no “winner” yet. The #1 brand trumps capital.

Enterprise 148

Enterprise Branding Mobile Scaling 148

TechStars

MAY 15, 2019

In 2006, Techstars launched with the simple belief that entrepreneurs build a better future. Twelve years and over 1700 portfolio companies later, we’ve watched this belief be confirmed year after year in all corners of the world. Still, 2018 represented a notable milestone for Techstars, we launched Techstars Impact, our first impact fund, exclusively dedicated to backing entrepreneurs tackling our most pressing global challenges.

Investment 29

Investment Strategy Development Management 29

OnStartups

JUNE 9, 2021

15 years ago today, on June 9, 2006, HubSpot was “officially” started. I say “officially”, because unofficially, I had been noodling on the idea of HubSpot for a couple of years with my co-founder, Brian Halligan while we were both classmates in grad school.

Company Culture 52

Company Culture Interviewing Technology Scaling 52

Chargify

AUGUST 17, 2020

The latter, of course, was pioneered by Amazon, which launched the billing model based on user events in 2006.

Pricing 88

Pricing Business Model Cloud Data 88

Sales Hacker

FEBRUARY 12, 2020

Case in point, in the 2006 movie The Pursuit of Happyness , Will Smith portrays the life of Chris Gardner, a broke, homeless single father who takes an unpaid (straight commission) inside sales development job offer.

Strategy 89

Strategy Sales Travel Education 89