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Atlassian and AWS Say: “Maybe Worry a Little Bit”

SaaStr

Amazon/AWS and Atlassian both had huge Q2’s. But they also both warned of potential lower growth during the rest of 2020. But both Atlassian and Amazon/AWS said … Maybe Not As Much Going Forward, Not Forever. The post Atlassian and AWS Say: “Maybe Worry a Little Bit” appeared first on SaaStr.

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Why Now is a Great Time to Raise Seed Funding. Even If It’s Awful for Series A-E Rounds.

SaaStr

This isn’t to say it’s quite as good of times for Seed as it was during the crazy times of late 2020 to very early 2022. Even If It’s Awful for Series A-E Rounds. But many later stage VCs are doing more seed because growth is mostly frozen. Not even close. It’s just, there’s one huge change.

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How To Meet With 200+ Top CIOs, CDOs, CTOs and More at 2020 SaaStr Annual

SaaStr

We’re just 20 days away from 2020 SaaStrAnnual.com and there are so many new things in store! See you at 2020 Annual! The post How To Meet With 200+ Top CIOs, CDOs, CTOs and More at 2020 SaaStr Annual appeared first on SaaStr. And learn more here.

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Gartner: Software Spend Will Grow 13.8% in 2024, to Over $1 Trillion For The First Time

SaaStr

Growth in public cloud services (AWS, Azure, Google Cloud, Snowflake, etc.) Growth in public cloud services (AWS, Azure, Google Cloud, Snowflake, etc.) As compared to late 2020 and 2021, when change was the name of the game. But it’s not that simple. So breaking out is harder than it was, even with this epic growth.

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What’s New at Google Cloud with CMO Alison Wagonfeld

SaaStr

For Google Workspace, they invested in expanding and building Google Meet and the rest of the workspace during 2020. Google Cloud Platform, on the other hand, is in a very different set that also competes with Microsoft, but AWS is considered their biggest competitor in the market. They also compete with Microsoft in a big way.

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What Are Public SaaS Companies Taken Private At? 7.7x ARR On Average Per SaaSomomics

SaaStr

The startup I invested in that were acquired by PE in the 2020-2021 Boom were acquired for 8x in one case, 12x in another, and 15x in a third. Well, certainly it exploded in 2021, in my portfolio at least, if perhaps not as dramatically as in the public markets. The prices would be lower today for the latter two I suspect.

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Cloud Stocks May Be Down. But the Cloud Remains on Fire. That Matters More.

SaaStr

So follow AWS, Azure and Google Cloud. Let’s look a whole level up to the real canaries-in-the-coalmine: AWS, Azure and Google Cloud. And AWS grew 37% at a $74B run-rate , down a bit from 39% the prior quarter but still adding an insane amount of new revenue. If they stumble, we’re in for a rough patch. They are the Cloud.

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