SaaStr
JUNE 30, 2023
But how do you find that opportunity when there’s a lot of pressure from venture and the market? Braze was founded in 2011 when the most exciting mobile apps were a compass, a flashlight, and a game where you could feed fish. Blaze was founded in 2011. Those things develop more slowly, and they’re often the most sticky.
SaaStr
JUNE 5, 2020
This article looks at the history of SaaS as it relates to financial capital and production capital. I argue that standard saas metrics make it possible for founders to scale using debt capital (production capital thats cheaper) instead of solely relying on venture capital (financial capital thats more expensive). .
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SaaStock
JANUARY 30, 2019
Another was 2011/2012 where not only were another 5 VC firms started but it’s also when international ones set their eyes on this vast market. Most well-known funds experimented with funding Brazilian and Latin American B2C ventures. It is a venture capital firm based in Brazil and Silicon Valley. Kaszek Ventures.
SaaStr
MAY 7, 2023
UiPath has had an incredible history, taking 10 years to get to that first $1m in ARR … and then turning into one of the fastest growing software companies to $1 Billion in ARR ever ! When Braze was founded back in 2011, a lot of things were different. Smartphones were just becoming mainstream.
SaaStock
MARCH 8, 2019
Today Carman is Founder and Managing Partner of Click Ventures, the globally renowned Hong Kong venture capital firm. In 2011, she co-founded Grab (previously known as MyTeksi) together with fellow Malaysian and Harvard graduate Anthony Tan. And then she studied software development at Fullstack Academy.
Tom Tunguz
JUNE 20, 2016
The rate of new software company formation seems to have declined materially in the past few years. In 2011-2013, about 1450 software companies were founded each year on average. Perhaps software companies remain in stealth longer. In 2014, that figure fell to 1186 and in 2015, we count 481. Why could this be?
Tom Tunguz
OCTOBER 12, 2014
In 2011, the year of the IPO, services still accounted for 33% of revenues. Over the past decade, software companies have been advised to limit their services revenue to typically less than 20% of total revenues, counsel which WorkDay has ignored to their great success. Behind this advice is some sage advice, however.
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