The New Digital Divide

The Angel VC

Shafqat over at Newscred , a digital newspaper which is currently in private alpha, wrote a good post titled " The New Digital Divide - Building Web Services for the Mainstream". His point is that the chasm between early adopters on the one hand and mainstream users on the other hand is getting larger: The mainstream don’t even use or understand RSS, but us techies have moved on to Twitter and FriendFeed. Very true. While it's great to see all those new Web 2.0

Not dead yet: Windows Server 2008 users have options

IT World

Windows Server 2008 has reached end of life, which typically means upgrading to a newer version. If you still have workloads running on Windows Server 2008, you’re not alone. As recently as July 2019, Microsoft executives at the company’s Inspire partner conference estimated that up to 60 percent of Windows servers were still running Windows Server or SQL Server 2008.

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Investing in Capitolis

Andreessen Horowitz

Banks are heavily regulated, more so in the wake of the 2008 global financial … The post Investing in Capitolis appeared first on Andreessen Horowitz.

NFTs and a Thousand True Fans

Andreessen Horowitz

In his classic 2008 essay “ 1000 True Fans , ” Kevin Kelly predicted that the internet would transform the economics of creative activities: To be a successful creator you don’t need millions.

What Could the Venture Market Look Like in the Coronavirus Era

Tomasz Tunguz

The most recent event to use as an analogy is the 2008 financial crisis. In 2008, I had just joined the venture industry, and then Lehman fell. That grew to about $5B per quarter in 2007 and early 2008. If history is a guide, though, we can look to the 2008 financial crisis.

a16z Podcast: Fintech for Gen Z and Millennials

Andreessen Horowitz

Millennials and Gen Z have been hard-hit by the one-two punch of the 2008 and 2020 financial crises. That experience has radically shaped their approach to finances and their mindset around credit and debt.

SaaStr Summit Sessions with CEOs of Slack, Twilio, Zuora, Cloudflare, and Much More Up Now

SaaStr

Founder/CEO Lessons From 2000, 2008 and 2020 with Jeff Lawson and Byron Deeter , CEO of Twilio and GP at Bessemer Venture Partners. We have a bunch of the SaaStr Summit: Bridging the Gap up on You Tube now. You can start watching them here.

The Fundraising Market Two Quarters into COVID

Tomasz Tunguz

We reviewed the data in May and compared it to the effects of the financial crisis in 2008 on startup fundraising. As a reminder, 2008 saw a 40% reduction in venture dollars invested in startups. These corrections match 2008.

16 Minutes on the News #27: The Economic Virus – Monetary Policy, Fiscal Policy, and Small Business

Andreessen Horowitz

The U.S.

a16z Podcast: The Truth about a 1000 True Fans (and Our Attention)!

Andreessen Horowitz

The idea of “ 1000 true fans ” — first proposed by Kevin Kelly in 2008 and later updated for Tools of Titans — argued that to be a successful creator, you don’t need millions of customers or clients, but … The post a16z Podcast: The Truth about a 1000 True Fans (and Our Attention)! appeared first on Andreessen Horowitz.

New Incredible Sessions added to FREE SaaStr Summit on April 22: CEOs + CIOs Twilio, Zuora, Zendesk, and Much More

SaaStr

Adapt, Plan Deliver: Founder/CEO Lessons from 2000 & 2008 Applied to 2020 With Twilio CEO Jeff Lawson and Bessemer Venture Partner’s Byron Deeter. Ok we are almost at our cap of 10,000+ attendees for the FREE SaaStrSummit on Bridging the Gap on April 22.

47 – SaaS Customer Support, with Sarah Hatter

Natalia Luneva

Around 2008, the typical advice that was given to bootstrapped SaaS founders was that they should handle support by themselves. Today I interview Sarah Hatter and we talk about creating an excellent customer support experience for your SaaS product. .

The Dominance of Subscriptions in the Software Industry, and Why They’re Here to Stay

Zuora

This story, originally titled “Here’s how the 2008 financial crisis led to the dominance of subscriptions in the software industry, […]. The post The Dominance of Subscriptions in the Software Industry, and Why They’re Here to Stay appeared first on Zuora

The SaaS Year of Hell. And Then – Reignition.

SaaStr

I wrote an early SaaStr post way back in 2013 on my “Year of Hell” as a SaaS CEO in 2008. My personal Year of Hell was 2008. In 2013, we were just 2 years removed from the real recovery from ’08-’09.

SaaS 278

The fundamentals of repeatable SaaS success

SaaStock

His first company Commerce Decisions was an early SaaS exit back in 2008. Today we bring you the first of our extended podcast episodes, where Alex gets to ask the nitty-gritty details he usually doesn’t have time for. These hour-long episodes offer a well-rounded insight into the workings of some of the most successful SaaS founders and their companies. Our guest is John Thompson, a Co-Founder and a CEO who has taken 2 businesses from zero ARR through seed and A rounds.

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SaaS Spend is Here to Stay: How Sellers Can Survive the Shift to Remote Selling by Looking to Their Buyers

SaaStr

Just as the economic downturn of 2008 led to the cloud-based SaaS boom that became the new norm for digitally modern businesses, remote work will become ingrained in the core of the new “business as usual” following this pandemic. By Kara Kennedy, G2 Director of Market Research.

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Atlassian’s Secret to Creating Compounding Customer Value

OpenView Labs

Jay Simons, Atlassian’s President for the last 12 years, joined the company in 2008 when Atlassian was already a product-led success making an estimated $150 million in revenue that year.

Estimating the Impact of the Coronavirus on Growth

Tomasz Tunguz

My hunch originates from this analysis of the 2008 crisis. As we readjust to the impacts of the coronavirus, I’ve been asking myself: what is a basic useful model for estimating the growth impact to a software company?

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The top SaaS companies ruling the East Coast

SaaStock

Founded: 2008. Founded: 2008. Founded: 2008. 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

The 3-Step Startup Marketing Framework We Created to Grow KISSmetrics

Hitenism

It was 2008, and I was having a classic founder moment. Back in 2008, “content marketing” wasn’t a thing. We founded KISSmetrics in 2008.). It was 2008! Twitter in 2008 was pretty limited. I had no idea what I was doing. But at least I was doing! I was founding a SaaS business, KISSmetrics. Like any startup, we were flailing, failing, and on fire, all at the same time. It was a wild, insane, and ridiculously exhausting experience.

18 investors fueling Latin America’s SaaS superstars

SaaStock

Founded: 2008. Founded: 2008. Founded: 2008. As we showed you in the list of SaaS companies coming out of Latin America, the region has no shortage of SaaS superstars. How did this come about, though? What are the ingredients required to help foster such an ecosystem? A healthy availability of capital is one. We looked at the data and discovered a few vital moments in the funding history of the region.

The 18 Outstanding Speakers at SaaStock LatAm 2019

SaaStock

However, her path changed in 2008 when she took on a new challenge: an MBA in Business and Management. In 2008, he founded his first business:the local services marketplace Acessozero. Latin America is undergoing a digital transformation, and the SaaS community is exploding as a result.

10 Learnings From Jeff Lawson (CEO Twilio) + Byron Deeter (Bessemer Ventures): “Adapt, Plan, Deliver”

SaaStr

Started Twilio in January 2008, just as the last downturn happened. Our recent SaaStr Summit: Bridging the Gap was the first time I’ve had a chance to be a participant at a SaaStr event in a long, long time. Usually I personally have to do too much planning, moderating, etc.

International Women’s Day 2021: Choose to Challenge

InsightSquared

I transitioned from education to software in 2008, and I have held roles in everything from project management to sales. The theme for International Women’s day this year is #ChooseToChallenge. As the organization says , “ A challenged world is an alert world.

More Focus on SaaS Gross Margins in 2020

OPEXEngine

In the following chart for SaaS companies in 2008, you can see average COR as a percentage of Revenue at 40.4%, and average Gross Margins at 59.6%. SaaS gross margins have been getting attention lately as investors dig into SaaS cost structures and revenue growth rates going into 2020. Gross margin is simply revenue minus cost of revenue, expressed as a percent. Gross margin shows what is left over after you deliver your products and services.

The Fundraising Market Has Changed, But Not in the Way I Thought

Tomasz Tunguz

In March, I published analysis of the fundraising market in 2008. It showed that the later rounds, the series B and series C were the most impacted. The early data from March 2020 shows a different pattern. Seed and Series A rounds are first to bear the compression in the market.

The 18 Awesome Women of SaaS in Asia

SaaStock

Since 2008, she has been on the SAP team. We want to think of International Women’s Day as a day to celebrate women – their power and glory – rather than their difficulties in navigating a male-dominated world. We would like you to meet a few extraordinary women who have the impressive task of driving tech in Asia, a part of the world that could be even more challenging to women. These 18 women are powerful, relentless and are all making SaaS and tech in general a better place.

SaaStr Annual 2020 is Coming. Hear from these Amazing Speakers!

SaaStr

Github was founded in 2008. It’s hard to imagine but SaaStr Annual 2020 is just around the corner. We’ve been tinkering away trying to line up the absolute best experiences and content for you, our awesome attendees. So, ready for a sneak preview? After the jump, we have the very beginning of our stellar speaker line-up. Check back every week for more until you can see them for yourself in person! In case you haven’t snagged your ticket yet, CLICK HERE and get one now!

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

SaaStr

And so we funded it in 2006 that full product didn’t come out until 2008. And ironically, Eloqua came out a few years later after we had launched our product in 2008 with something that they actually described in the market as a Marketo killer. And in the case of Marketo, Eloqua was selling heavy software with services and Marketo back in 2008 really pioneered this high velocity selling model. You can see 2007 to 2008 we went from one to two.

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Helping the Enterprise build reliable data products

Point Nine Land

Just to name a few: Splunk (started in 2003, $27bn market cap), Dynatrace (started in 2005, IPO, $12bn market cap), AppDynamics (started in 2008, acq for $3.7b by Cisco), NewRelic (started in 2008, IPO, $5bn market cap), Datadog (started in 2010, $30bn market cap), or, More recently, Instana (started in 2015, raised $57M) that helps companies building with microservices.

Why You Don’t Want to Miss Ramp, the Revenue Ops Event of the Year

InsightSquared

Nate Silver was named one of “The World’s 100 Most Influential People” by Time magazine after he successfully called the outcomes in 49 of the 50 states in the 2008 U.S. Sales, marketing and business operations professionals will join forces for Ramp by InsightSquared , the second annual revenue ops event of the year, on August 6th-7th at the Westin Boston Waterfront. Here’s all the reasons why you should be there: 1.

Are We Due for a SaaSacre?

Kellblog

2008) it can get well below 5x. 2008, 2015) it’s not outrageous to think that multiples could drop towards the middle or bottom of that range, i.e., closer to 5 than 10 [6].

Narrative Economics and the Power of Stories

Tomasz Tunguz

In particular, narratives stoked three depressions and recessions in the US in 1920, 1929, and 2008. If I start a salacious tweetstorm that our local bank is running out of money, that rumor will circulate quickly. Eventually, the rumor will trigger a bank run.

What does it take to raise capital, in SaaS, in 2016?

The Angel VC

With constantly rising table stakes and a fundraising environment that looks quite a bit less favorable than last year’s, I believe the bar is higher than in the last 18-24 months (although raising money is still much easier than it was in “Silicon Valley’s nuclear winter” in 2008 ). When we invest in a SaaS startup, which almost always happens at the seed stage, the next big milestone on the company’s roadmap is usually a Series A.

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The Strategic Question at Seed Today

Tomasz Tunguz

The previously fixed financial products that existed in 2008 of a $4-6M Series A and a $10-12M Series B are gone. I’ve written before about the Jacob’s Ladder of Fundraising. The Jacob’s Ladder is a children’s toy that flips over, and it’s a great metaphor for the seed market. Seed rounds are rapidly approaching and now often equal to the sizes of Series As just five years ago. The chart above shows the mean round size in the US across.

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

SaaStr

2008: Cross-platform. 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. She’ll agree. What’s a 10x Feature? It’s a feature that, for a material number of customers and prospects, wins the deal vs. the competition. Period. Not always, but often. .

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The Radically Different Early Stage Fundraising Market

Tomasz Tunguz

In 2008, there was a $5M series A product and a $10M series B product. We’ve all seen the data on the average increases in round sizes over the last four or five years. Startups are able to raise larger early rounds because of the financial environment. One way of thinking about the early-stage fundraising market is as a collection of financial products. Those were the most popular.

The Fundraising Market Has Changed, But Not in the Way I Thought

Tomasz Tunguz

In March, I published analysis of the fundraising market in 2008. It showed that the later rounds, the series B and series C were the most impacted. The early data from March 2020 shows a different pattern. Seed and Series A rounds are first to bear the compression in the market.

Reflections on the early days at Zendesk (part 1)

The Angel VC

The first date When I stumbled on Zendesk in 2008 I knew absolutely nothing about enterprise software, B2B or SaaS. Today the “consumerization of the enterprise” has become mainstream, but in 2008 it wasn’t. Yesterday I posted a brief review of Mikkel’s excellent book “Startupland”. For me, the book is also a good opportunity for some reflections and to share some thoughts in relation to Zendesk’s journey.

From Slooooow Growth to Hypergrowth with Collibra and Insight Partners (Video + Transcript)

SaaStr

How does a startup that launched during the financial crisis in 2008 become a unicorn company in 2019? So we started in 2008 June, 2008 I think and in three days we would celebrate our 11th birthday.