Tom Tunguz

JULY 26, 2016

” Fast-growth startups must metamorphose constantly because the market demands it of them. Regardless of how these changes are described, a startup has to navigate these changes well because it’s critical to sustaining the value of the business. Part two is more interesting. As we grew, I became a manager of people.

Startup 140

Startup Compensation Leadership SaaS 140

Tom 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 data reveals three trends. Second, Series C sizes have ballooned.

Venture Capital 100

Venture Capital Startup Marketing Trends 100

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. Ultimately, this data implies that there is plenty of Series A capital available for startups. standard series A.

Finance 100

Finance Startup Trends Data 100

Tom Tunguz

APRIL 3, 2014

Last week, we analyzed the fund raising history of billion dollar SaaS companies and determined SaaS startups are raising nearly twice as much capital as 16 years ago before going public. Given that trend, I wondered if there is there any truth to the idea that startups today require less capital than before to succeed.

Startup 100

Startup Trends Investment Cloud 100

SaaStr

DECEMBER 22, 2020

In the end, this is why 70% of leading SaaS companies are really just new entrants in old, large markets: On the other hand, most startups don’t enter a very crowded part of a market, or they redefine a market. 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.

Scale 237

Scale Cloud Enterprise Startup 237

Tom Tunguz

FEBRUARY 8, 2014

The average seed stage startup has a 20% chance of raising a Series A according to Crunchbase data for IT startups who raised seed and Series A rounds between 2006 and 2013. Below is a chart of the different startups’ sectors and their rates of raising Series A capital net of the mean of 20%.

Transportation 100

Transportation Startup Finance Innovation 100

Trint

DECEMBER 1, 2020

“Over the last year Trint has evolved from startup to scaleup and we know it’s critical to have professional investors helping us navigate through an exciting but complex high-growth phase. Trint is now one of the UK’s fastest-growing startups, recently named in the Top Ten of the UK Startup 100 List.

Investment 130

Investment Artificial Intelligence Banking Entertainment 130

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. So this was the Marketo journey.

SaaS 148

SaaS Sales Hiring Scale Innovation 148

Tom Tunguz

MARCH 10, 2014

The average SaaS company trades at a 11x enterprise value to revenue multiple, up from 6x in 2006. Other hypotheses include startups leveraging more efficient sales channels (Veeva and Salesforce for example), more venture dollars raised to finance growth or even a changing customer base more receptive to SaaS offerings.

Startup 100

Startup SaaS Finance Trends 100

Tom Tunguz

APRIL 14, 2014

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. Because startups are going public earlier and therefore release information about the earlier years of the company, we have more data on the newer cohorts. 1998 34 11.

Engineering 100

Engineering Investment Sales SaaS 100

Andreessen Horowitz

APRIL 23, 2024

At a16z’s recent Connect/Fintech event, a16z Partner Alex Immerman sat down for a broad conversation with Immad Akhund , co-founder and CEO of banking startup Mercury , and René Lacerte, founder and CEO of financial services company BILL. I’ve been an entrepreneur since 2006. But if you can do it, it’s more valuable.

Payments 103

Payments Forecasting Payment Services Payment Solutions 103

OnStartups

MARCH 24, 2021

I did not plan to do another startup. I had done it for 10+ years and lived the notorious startup life. My conviction to not do startups lasted only a few.weeks. During classes (which I loved), I missed the startup life. So I thought of an idea: Why not invest in startups? in the Management of Technology”.

Software Review 140

Software Review Technical Review Investment Scale 140

The Angel VC

DECEMBER 16, 2012

Example: This is how Basecamp looked like in 2006 , and this is how it looks like today. Interestingly, if you look at the evolution of popular SaaS sites you'll often notice that they got simpler and simpler over time. I've mentioned secondary conversion options above.

SaaS 164

SaaS Marketing Transportation Startup 164

Casey Accidental

NOVEMBER 28, 2023

I hope that by studying these and other examples startups can get smarter about how they sequence their S-Curves and drive long term success for their companies. billion exit, Grubhub made a lot of mistakes. All three of these companies made some critical successful moves as well as major mistakes that set them back years.

Payments 63

Payments Scale Payment Methods Underperforming Technical Team 63

Tom Tunguz

APRIL 2, 2014

One of the cloud’s great promise has been cost-reduction and for a while, we’ve chanted a mantra that startups require less capital than before to get started and ultimately succeed. The first row contains data from IPOs between 1998-2002, the second bucket contains data from IPOs between 2002-2006 and so on. 2006 66 4.0

Finance 100

Finance Trends SaaS Cloud 100

Kellblog

JULY 4, 2020

Software startups seem drawn by sirens to brand their features. 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] Hey, Apple does it. Think: Siri, Facetime. Microsoft tries it: Cortana. Starbucks even brands a cup size: Venti. But it’s so cool.

Branding 96

Branding Leadership Innovation Startup 96

Andreessen Horowitz

NOVEMBER 14, 2023

All of these tools that were useful as startups for running your business had improved a lot. When I first started in 2006, everything was really bad. And it just seemed obvious to me that someone would make a better bank product for for startups and for entrepreneurs. So it was kind of in the back of my mind for a long time.

Sales Hiring 88

Sales Hiring Banking Scale Pricing 88

Intercom, Inc.

FEBRUARY 26, 2018

Innovative startups. The first army are innovative startups. Since 2006 the era of “Everything as a service” has advanced quickly. Understand the potential consequences of outsourcing to young startups. Best in class Late-stage Startups (e.g. Best in class Late-stage Startups (e.g. Mid-stage startups.

Software Review 224

Software Review Outsourcing Services Software Outsourced Development 224

SaaStock

MARCH 1, 2019

Notable mentions that have helped the Asian SaaS space are 500 Startups, Y Combinator, Sequoia, Matrix Partners, Eight Roads Ventures and Intel Capital. Cyberport Hong Kong is an ICT hub and a digital community whose aim is to enable network services for startups and founders. Founded: 2006. SaaS Investments: Ezetap, and others.

SaaS Payments 190

SaaS Payments Venture Capital Telecommunications Payment Services 190

Chargify

AUGUST 6, 2019

Brian, who was helping venture-backed startups with marketing, noticed that people had gotten really good at ignoring intrusive advertising. 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. HubSpot employees: 2006: 3 employees.

Subscription 40

Subscription Payment Features Revenue Software Review 40

How To Buy Saas

FEBRUARY 29, 2024

The company works with small startups and such industry giants as Dominos and the World Bank. Schnell Rate: $50 – $99 / hr Employees: 50 – 249 Founded: 2006 This UK-based IT vendor with headquarters in London is considered one of the best product development companies in England.

DevOps as a Service 40

DevOps as a Service Development Technical Review Blockchain 40

Neil Patel

SEPTEMBER 1, 2020

What began as a venture capital-funded technology startup in 2006 is now our go-to spot for all things video. To truly execute a successful YouTube marketing strategy, improve organic reach, and take advantage of that massive percentage, you need in-depth familiarity with the unique YouTube algorithm.

Venture Capital 145

Venture Capital Advertising Engagement Benchmarks 145

OpenView Labs

JULY 21, 2021

In the book are 111 plays for building a hyper-growth SaaS startup from the SaaS founder who started it all. The Long Tail by Chris Anderson (Published 2006). I picked up the book at a used book store expecting it to be hagiographic, but Benioff delivers on the title and more.

Business 101

Business Artificial Intelligence Blockchain Software Engineering 101

Baremetrics

APRIL 26, 2021

Adyen, a Dutch payment company dating back to 2006, also has its fair share of the market. All the data your startup needs Get deep insights into your company's MRR, churn and other vital metrics for your SaaS business. However, the analytics and dunning of these platforms simply don't cut it for many growing startups.

Payment Services 59

Payment Services Merchant Services Payment Methods Payments 59

SaaSHolic

FEBRUARY 23, 2022

He has a very good weekly SaaS email newsletter and pretty awesome entrepreneurship and business podcast together with Steli Efti, The Startup Chat podcast. Steli Efti Founder and CEO of Close.io , Steli is a well-known reference for startups and B2B sales and prides himself on being a hustler. Director of Product Management.

Venture Capital 52

Venture Capital SaaS Social Media Startup 52

SaaSHolic

FEBRUARY 6, 2023

He has a very good weekly SaaS email newsletter and pretty awesome entrepreneurship and business podcast together with Steli Efti, The Startup Chat podcast. Steli Efti Founder and CEO of Close.io , Steli is a well-known reference for startups and B2B sales and prides himself on being a hustler. Director of Product Management.

Venture Capital 52

Venture Capital SaaS Social Media Startup 52

SaaStr

MARCH 3, 2020

And so, I consult and advise for startups about 35 startups over the last three, three and a half years. So talking about hiring your first VP of Sales is obviously everybody knows the stat about what percentage of startups fail. What percentage of startups ultimately will not make it? Anybody want to share that?

Sales Hiring 155

Sales Hiring Sales Recruiting Scale CTO Hire 155

SaaStr

MARCH 20, 2020

317: Rachel Hepworth is VP of Marketing @ Pilot, the startup that offers the best bookkeeping, tax and CFO services for growing businesses. And I decided that I wanted to join a startup because I was young, I had no responsibilities, risk meant nothing. And this was right around the time of 2006 to seven.

SMB 185

SMB Scale Startup Marketplace as a Service 185

Chargify

AUGUST 17, 2020

The latter, of course, was pioneered by Amazon, which launched the billing model based on user events in 2006. No matter the industry – whether the customer is the ride-sharing giant Lyft or a recent startup – all Twilio customers have the opportunity to pick from two pricing models: monthly recurring charges or pay-as-you-go.

AWS 98

AWS Payment Services SaaS Payments Payments 98

OnStartups

MARCH 24, 2021

I did not plan to do another startup. I had done it for 10+ years and lived the notorious startup life. My conviction to not do startups lasted only a few.weeks. During classes (which I loved), I missed the startup life. So I thought of an idea: Why not invest in startups? in the Management of Technology”.

Software Review 40

Software Review Technical Review Investment Scale 40

The Marketing & Growth Hacking Publication

APRIL 1, 2019

a young and ambitious SaaS startup founder. Especially when you are running a startup, where you essentially live every day in the speed of life. Sadly enough, most startup founders would prefer the exact opposite… But, there is another interesting perspective regarding attention. What is Wrong About Attention?

Growth Hacking 40

Growth Hacking B2C Startup Branding 40

Neil Patel

JANUARY 19, 2021

You can choose from four tiers: Startup – $49 per project per month Business – $149 per project per month Enterprise – $299 per project per month Enterprise Plus – Request a quote from the company. Over 10,000 people from 80 countries have used Document360, including big companies like Microsoft, Harvard University, Mambu, and Customer.io.

Software Review 95

Software Review Software Scale Systems Review 95

Intercom, Inc.

JULY 11, 2019

You might say it’s one of the strongest advantages a startup has. We coined the term way back in 2006 when we founded the company, and a lot of our story, historically speaking, has been around marketing. As you go from a startup to scaling up, people pull away. Can you bring these different stages to life for us?

Scale 188

Scale Scaling Sales Hiring Underperforming Technical Team 188

OPEXEngine

NOVEMBER 22, 2022

When SaaS business models originated, the most successful venture-backed startups used a horizontal model. Online accounting software provider Xero, for example, was founded in 2006 and now trades publicly at a 22x Enterprise Value to TTM Revenue multiple.

Business Model 52

Business Model Business SaaS Scale 52

SaaStr

MAY 9, 2019

Michael Seibel is CEO and a partner at Y Combinator and co-founder of two startups – Justin.tv He has been a partner at Y Combinator since 2013, advised hundreds of startups, and has been active in promoting diversity efforts among startup founders. and Socialcam. Want to see more content like this? The entire time.

Sales Hiring 170

Sales Hiring Scale Payment Solutions Banking 170

The Angel VC

FEBRUARY 2, 2009

One of my last blog posts about Pageflakes was about my attempt to convince Mike Arrington and Pete Cashmore that Pageflakes was the Next Big Thing, my goal for 2006 as I put it (half joke, half serious). Around the same time, the appetite of VCs to fund companies like ours started to decrease, resulting in worsened terms for startups.

Communication 100

Communication Cloud Startup Data 100

Sales Hacker

JULY 8, 2019

I didn’t know anything about technology and how it had changed from 1998 to 2006. That’s really key for anybody in a startup, as well. It’s sort of what I like about the startup–it allows you to find a problem and go fix it, don’t wait for somebody to give you an opportunity, go get it.

Customer Success 58

Customer Success Scale Fractional VPE Part-Time VPE 58