Remove 2017 Remove AWS Remove Revenue
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The $4.5B Board Meeting: Inside Snowflake’s AI Transformation and the CEO Who Bets His Company on Their Platform

SaaStr

Top 5 Takeaways Consumption Revenue Recognition Changes Everything : Unlike traditional SaaS, Snowflake can’t recognize revenue ratably—they only book revenue when customers actually consume credits, even with multi-year contracts. At SaaStr, we’ve seen everything from scaling revenue to product-market fit.

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SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

Ultimately — revenue multiples. Revenue multiples are how much VCs, investors, and ultimately, an IPO and public markets will value each dollar of revenue. Revenue multiples don’t affect customers, or even revenue itself. pic.twitter.com/JNnzizB82v. — Byron Deeter (@bdeeter) May 5, 2022.

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A Look Back at Q1 '24 Public Cloud Software Earnings

Clouded Judgement

The charts below show the change in quarterly revenue YoY (so Q1 ‘24 rev - Q1 ‘23 rev) going back to 2017. It’s worth pointing out that Azure is a bit above the long term trendline, while AWS is still below (but accelerating up). Beating consensus revenue estimates is the first aspect of a successful quarter.

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5 Interesting Learnings from Fastly. As It Gets Ready to IPO.

SaaStr

GAAP revenue in Q1 ’19) because it’s in a space filled with strong competitors. We all know this from AWS and Twilio on down, but Fastly is a visceral reminder. It’s an almost 100% enterprise play — they have 227 customers spending over $100k a year, comprising 84% of their revenues. The lesson?

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10 Observations from Dropbox's S1

The Angel VC

We generate over 90% of our revenue from self-serve channels — users who purchase a subscription through our app or website. But here you have it – it really is the King of Freemium , generating more than 90% of revenue from self-service channels. #3 Revenue for 2017 was $1.107B. 3 – It’s a Mouse Hunter! . #3 Mind blown.

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A Look Back: “SaaS Metrics Masterclass: Key Business Metrics, Pricing Strategies and Billing Models with Stripe’s Head of France and Southern Europe, Guillaume Princen” (Video + Transcript)

SaaStr

Average Revenue per Customer. And basically SaaS revenue models is just magical for investors and for businesses. And you can basically predict revenue ahead of time and therefore raise money early on to grow even faster. First one and the most important one is obviously the MRR, monthly recurring revenue. MRR, obviously.

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Move Over Subscriptions. The Future Is Elastic And Built Around Relationships.

Chargify

Over the last decade, recurring revenue has emerged as the preferred model for businesses moving beyond transactional commerce. While the first generation of recurring revenue was defined by simple subscriptions—think Netflix’s original “one-size-fits-all” $7.99 while targeting different customer niches (startups, government, etc.).