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5 Interesting Learnings from AppFolio at $660,000,000 in “ARR”

SaaStr

Steady, Strong Growth — Since 2006 Appfolio was founded way back in 2006, and they never quit. AppFolio is what the markets want in a software+ company, at least in 2023. Let’s dig in. 5 Interesting Learnings: #1. 10 years later, they hit $100m ARR in 2016 and growth just compounded from there.

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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. The post Shopify Review appeared first on The Daily Egg.

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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. Today, over 2.3 million users in over 140 countries rely on […].

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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. Marketo IPO’s in 2013 at $700m market cap. Vista buys Marketo for $1.8B A little more than 2 years later, it was resold for $4.75B to Adobe. That’s 18x. 2015 IPO at $1.27B. 2013: first investment.

SaaS 202
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Do SaaS Startups Still Require Less Capital than 10 Years Ago?

Tom Tunguz

Startups going public from 2006-2009 showed a median ROIC of 0.42. 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. The chart above updates that analysis. In 2010, one venture dollar bought $1.24

Startup 274
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The 5 Things Successful Entrepreneurs Know

SaaStr

A classic example from 2006 : [link]. This is a subtle point, but because the best entrepreneurs know (1) it will work, (2) they can recruit the team, (3) they won’t quit and (4) they’ll get the capital they need, at least barely enough … they then (5) know it’s not that risky. This crazy idea and venture isn’t that risky.

Marketing 224
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Dear SaaStr: Is a Big Market Really Better Than a Niche Market?

SaaStr

SaaS eSignature Market: From $1 Million in 2006 to $1 Billion in 2018 to $5 Billion in 2023 | SaaStr Dear SaaStr: I’ve Been Asked to Take Over as CEO of a 1 Year Old Startup with 20 Employees. A small segment of a large market is often where most of us star t. What Should I Expect?