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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Redpoint: SaaS Companies Are Now Worth Less Than Their Historical Norms

SaaStr

I like it because it models out two scenarios — one if the current downturn is like 2008, another if it’s like 2000. Redpoint looks at What If this downturn is like 2008, or even 2000. The bounceback was quicker and less severe in 2008, but both took … a long time.

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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.

We Led Sales Teams in the ‘08 Recession: Here’s What We Learned

Sales Hacker

Learn what these leaders did in 2008 when the recession hit and what they wish they had done differently. You’ll learn: What these leaders did right in the 2008 recession — and what they wouldn’t do again. Your buyers are tightening their budgets. Sales cycles are getting longer.

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.

The Future of Work? There's an app for that: Airbnb!

IT World

Then, invite attendees of the city's 2008 Industrial Design Conference who couldn ' t find a hotel room to crash at their house. People associate Airbnb with vacation travel. But Airbnb was founded as a service for business travelers. The company began in 2007.

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.

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.

Product-Market Fit in Different Capital Environments

Tomasz Tunguz

In 2008, tightfistedness dominated the market. Given how much investors prefer faster growth rates and the massive surge in venture fund size, I don’t expect the ramen and ping-pong days of 2008 to return anytime soon.

Why You (Probably) Shouldn’t Panic About a Recession

Sales Hacker

In May 2008, I graduated college — with 1.56 million of my peers — directly into the 2008 recession. Basically: Today’s economic climate looks very different from 2008. Signs of recession we’re seeing now vs. 2008. The job market vanished overnight.

Catch Up on The Top 10 SaaStr Videos of the Week

SaaStr

9: Founder/CEO Lessons from 2000 & 2008 Applied to 2020 with Jeff Lawson, Twilio and Byron Deeter, Bessemer Venture Partners. #10: Since Shelter-at-Home, we’ve seen a micro-explosion in growth on our YouTube Channel.

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.

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.

5 Interesting Learnings from Paycom at $1.2 Billion in ARR

SaaStr

It was founded way back in 2008, and had a slowish start and a smallish IPO (as did most of us, back in the day). But founder-CEO Chad Richison has kept at it for 14 years, building it into an incredible engine, growing 31% at $1.2

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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. .

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

Andreessen Horowitz

The U.S.

A New Chapter

Tomasz Tunguz

I remember joining in 2008, a green product manager out of Google who had just landed his dream job. After more than 14 years at Redpoint, I’m starting a new chapter. I’m filled with optimism for the future. The US venture capital ecosystem has grown 40x in dollars from $8b to $320b invested in 10 years. Fueled by this capital, startup company formation rates touched fifteen-year highs in 2021.

Losing a Month of Runway to Inflation

Tomasz Tunguz

In February 2008, the ARS market seized. 8% annual inflation for a startup means losing a month of runway every year. Purchasing power erosion of this scale may entice founders with significant cash positions to explore riskier ways of generating yield. In the mid-2000s, many startups invested their excess cash reserves in instruments called Auction Rate Securities. ARS produced a steady stream of interest payments, like savings accounts, with a higher return.

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.

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Office Hours with Lee Kirkpatrick, former Twilio CFO on Managing through Turbulence

Tomasz Tunguz

During the dotcom crash in 2001, the Global Financial Crisis of 2008, and the SaaS corrections in 2014, 2016, and 2018, Lee was either COO/CFO or CFO at Twilio, SAY Media, and Ofoto. Lee Kirkpatrick is no stranger to downturns.

5 Interesting Learnings from Cloudflare at ~ $1 Billion in ARR

SaaStr

14 years ago, in 2008, at the onset of the last global recession, Google pulled their full-time offers for all their summer interns, which included my co-founder at Cloudflare, Michelle Zatlyn. So Cloudflare is that quiet Cloud leader that just keeps … killing it.

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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.

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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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 Fifth SaaS Correction

Tomasz Tunguz

Also, 2014 to 2016 saw a 57% reduction in multiples and of course after 2008. Since 2016, public software has witnessed four corrections. Today, we’re in the midst of the fifth. But let’s look at the most recent five years.

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5 Interesting Learnings from Expensify at $140,000,000 in ARR

SaaStr

Expensify: Founded in 2008 … 13 years ago. A long, tenacious path to $100m ARR, and then … Boom!! * 60% growth in Year 13 at $140m+ ARR!! * 119% NRR from SMBs!! Super Profitable (35% EBITDA!!) golong pic.twitter.com/4RJMDVQPMC.

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Fundraising in 2022: Where We Are & Where We're Going

Tomasz Tunguz

Since 2008, the US experienced an unabated 12 year bull market fueled by four waves of money printing which increased US money supply by 30%+. Last week, I presented an overview of the fundraising market at the Traction Conference in Vancouver. The slides are embedded above & linked here. My brief narrative of the slides follows. The current state of affairs arose as a result of the Global Financial Crisis.

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.

The SaaS Org Chart Live with David Sacks (Podcast #491 and Video)

SaaStr

In 2008, he founded Yammer, an enterprise software company that David grew to 500 employees and $60 million in sales. As your SaaS company grows and you go through various fundraising stages, your company size also grows.

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Power Laws: A Look Back To Where 20 SaaS Break-Out Companies from 2012 Are Today

SaaStr

in 2008. The second SaaStr post ever, way back in late 2012, was “ Everybody Lies: SaaS Revenues in the Inc. 5000 “ It was a fun one, analyzing the only public source of data on just how much ARR a lot of SaaS companies had. No one had IPO’d, no one really knew.

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.

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.

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.

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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 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.

AMA at SaaStr Annual 2022 with SaaStr Founder & CEO Jason Lemkin – Part 1 (Pod 607 + Video)

SaaStr

I mean, most of you weren’t founders in 2008, 2009, that… It was so bad in 2008 or nine, I can’t remember what, I’m sitting at an early SaaS corporate banking event at Pebble Beach on a beautiful day having wine with investment bankers or VCs.

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.