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10 Observations from Dropbox's S1

The Angel VC

Salesforce.com generates a similar (actually, even higher) amount of revenue per employee, but the company is almost twice as old and has much bigger scale, so you’d expect them to be more efficient. When Salesforce had around $1B in revenue, in 2008, it had around 3,300 employees, so at that time its revenue per employee was around $327,000.

AWS 187
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More Focus on SaaS Gross Margins in 2020

OPEXEngine

High gross margins together with high customer retention rates for a SaaS company at scale contribute to higher valuations, up to 20X or even 30X revenues in today’s market. 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%.

Scale 40
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David Barrett, CEO of Expensify: Good Intentions, Bad Advice: How to Keep Your Board Aligned with Your Vision (Video + Transcript)

SaaStr

It’s a brutal, awful slog in the start. I would say, it’s always good to call out just how awful it is to be a founder, to be an entrepreneur, because that is a unique perspective that you bring to the board room that no one else shares. That sounds like an awful idea,” and then you have to work for it.

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SaaStr Podcasts for the Week with Tidelift and Cloudflare

SaaStr

And we started CloudFlare during the economic downturn right after the financial crisis in 2008. So a huge scale. ” Because again, it was 2008. Ben Dahl: In terms of when you were ideating on CloudFlare, how did you get to a conviction on the scale of what you were solving and the size of the market?

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

SaaStr

And those of us and those of you who are involved in these companies, even the successful ones look an awful lot more like this. And so we funded it in 2006 that full product didn’t come out until 2008. And they invented a lot of the SaaS metrics that we all know and love now, were invented by Marketo back in 2008.

SaaS 143
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Salesforce’s Mike Kreaden on how to build a platform to drive growth

Intercom, Inc.

We’re helping startups and scale-ups that are strategically aligned with Salesforce, which is actually very important in terms of actually delivering solutions. We had already achieved the mission, so after 2008 we backed off the pedal, so to speak. Scaling support for early-stage startups. You got 37 the first go-round.

Scale 151
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Twilio: The First $100m+ ARR with Jeff Lawson, CEO/Co Founder (Video + Transcript)

SaaStr

At the end of the day, Twilio still sells communications, AWS still sells servers, but the way we’re selling it is different than how it was done in yesteryear. You’ve seen more CIO level pull or what’s changed there over time as you’ve gotten to scale? Jason : He does have a significant amount of scale though.

Scale 286