Ugenie unlocks hidden savings

The Angel VC

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.

Of the SaaS Class of 2006, Everyone Great Got to $100,000,000 in ARR. Everyone.

SaaStr

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.

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Shopify Review

The Daily Egg

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.

Wrike Review

The Daily Egg

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.

The Power of Going Long in SaaS

SaaStr

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.

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Smartsheet: A spreadsheet-based tool for simple project management

IT World

Launched in 2006, it has 8 million users (almost 1 million of them paid users) and is deployed by nearly 100,000 companies, ranging from Google and Netflix to the US General Services Administration. Smartsheet is a flexible spreadsheet-centric work management tool designed to track team projects.

5 Interesting Learnings from SmartSheet at $400,000,000+ in ARR

SaaStr

Founded way back in 2006, adoption was slow as first, but they kept at it and Smartsheet is now growing faster than ever 15+ years later. We’ve done a lot of fun sessions together with Smartsheet over the years at SaaStr but haven’t taken a deep dive into its business.

5 Interesting Learnings From Wix at $1 Billion+ in ARR

SaaStr

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.

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Fintech’s Second Wave: Lenders in Disguise

Andreessen Horowitz

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

5 Digital Marketing Trends That You Can’t Afford to Ignore

Nimble - Sales

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

Why If You Can Get to $10m ARR, You Can Get To $300m ARR

SaaStr

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.

Which startup did you leave too early?

SaaStr

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.

In The Early Days, You Won’t Have Enough Customers. But Your Mini-Brand Will Come to Your Rescue.

SaaStr

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.

You Really Don’t Know if Your Market is Too Small For Quite a While

SaaStr

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.

My Top 10 Year One SaaS Mistakes. Save Yourself Some Pain & Just Don’t Make Them Yourself.

SaaStr

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.

Benchmarking Amplitude's S-1: How 7 Key Metrics Stack Up

Tomasz Tunguz

Congratulations to the entire Amplitude team on having built an impressive business and importantly the first publicly traded analytics company since Omniture debuted in 2006 Amplitude, a leading provider of web analytics, filed their S-1 earlier this week.

The 10x Feature is Real. At Least, for a While. What’s Yours?

SaaStr

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.

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How Amazon Web Services (AWS) Achieved an $11.5B Run Rate by Working Backwards

Hitenism

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.

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What To Do if Your TAM is Too Small for VCs

SaaStr

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

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Key Lessons from a $5B SaaS Category Leader (Video + Transcript)

SaaStr

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?

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How To Keep Your Customers For a Decade. Or Longer.

SaaStr

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

Do SaaS Startups Still Require Less Capital than 10 Years Ago?

Tomasz Tunguz

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).

Trint Closes Series A Acceleration Round With Edge Investments

Trint

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.

3 Inbound Marketing Trends to Master in 2021

Neil Patel

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.

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What Could the Venture Market Look Like in the Coronavirus Era

Tomasz Tunguz

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.

5 Business Books I Wish I’d Read Sooner

OpenView Labs

The Long Tail by Chris Anderson (Published 2006). Summer is upon us, and so are the many recommendations of books that one should read. I’m a big fan of reading lists—they keep my reading queue deep and diverse. But there’s an underlying FOMO that some lists encourage.

The top SaaS companies ruling the East Coast

SaaStock

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.

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Branded Features: Resist the Temptation

Kellblog

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.

Stripe vs Adyen: Features, Pricing, Reviews, and More

Baremetrics

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.

The Unexpected and Uneven Evolution of the Startup Fundraising Market

Tomasz Tunguz

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.

How to Tell If You're a Great Manager

Tomasz Tunguz

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.

How I Got Promoted: Marques Stewart, VP of Technology at Achievement First

BetterCloud

So, 2006 or 2007. A couple of weeks ago, we launched a new podcast called SaaSOps Leaders With David Politis. Although the podcast has only been a thing for a short while, we’ve already noticed that the majority of our audience aspires to become an IT executive.

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

Tomasz Tunguz

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.

Why Is Your Customer Success Role Incredibly Important?

TriTuns

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.

The Secret to Success in Product Led Growth—According to HubSpot’s Kieran Flanagan

OpenView Labs

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.

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Dear SaaStr: How Do I Compete with a Company that has Unlimited Capital — and I Don’t?

SaaStr

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.

Who are Asia’s SaaS VCs?

SaaStock

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.

Subscription Rockstars: How HubSpot Went From Zero to $500+ Million in Annual Revenue

Chargify

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.

Our First Techstars Impact Report

TechStars

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.

ChurnZero Becomes a HubSpot Connect Beta Integrator

ChurnZero

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.