Remove 2020 Remove Marketplace as a Service Remove Software
article thumbnail

5 Interesting Learnings from Circle at $2.3 Billion in “ARR”

SaaStr

Rapid expansion and new service integrations negatively impacted net income. Circle’s story is a reminder that adding new products, markets, or services can actually destroy profitability if not carefully managed. When rates were 0% in 2020-2021, this model generated minimal revenue. The culprit?

article thumbnail

Bridging Buyer-Seller Gaps like It’s 2020

SaaStr

We know this because hundreds of them told us so in a joint study PandaDoc did with G2 in January of 2020. The results culminated in a comprehensive research report titled: 2020 The State of Deals Report. Only 27% of vendors report using a software tool to aid in creating, editing, sending, or tracking their sales docs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mastering Growth in the AI Era: How to Stand Out, Acquire Customers, and Raise VC Dollars with B Capital, Zetta, and Glasswing

SaaStr

Software engineering teams have been early adopters of AI coding assistants precisely because they provide an immediate, measurable lift. ” Weavi Founded in 2020, they anticipated the growing importance of unstructured data and embeddings. This is exactly backward.

article thumbnail

Snowflake, CrowdStike and SumoLogic: “How to Leverage the Cloud Giants to Scale to 100 Million ARR and Beyond”

SaaStr

What you’ll see in that cloud spend box is actually Gartner’s 2020 estimate for infrastructure as a service spending for companies, which was $50 billion. And if you also look at the platform as a service category, that’s also an additional $50 billion of spend, and that’s typically with those same vendors.

Scale 259
article thumbnail

SaaStr Podcast 436: The State of the Cloud 2021 with Bessemer Venture Partners

SaaStr

PayPal has continued to skyrocket, and then, of course, Zoom replacing ServiceNow in the top five from 2020, as Zoom meetings, Zoom backgrounds, and for all of us, even a little Zoom fatigue is becoming a necessary and important element of our every day. Cloud Marketplaces. Zoom’s market cap grew over 4X to reflect that.

Cloud 277
article thumbnail

The State of Cloud Marketplaces: A Look into the Data, Trends, and Findings for Software Sellers

OpenView Labs

So, it’s no wonder that it has been a massive year in the Cloud Marketplace business. We thought it would be great to take a look back at our State of the Cloud Marketplaces Report and share some of the key findings for those who may be planning to launch their Cloud Marketplace business in 2022. .

article thumbnail

Live Tomorrow with Algolia: “The Essential Companies SaaS Relies On”

SaaStr

— Algolia (@algolia) June 9, 2020. — Topic: “The Essential Companies SaaS Relies On” The software-as-a-service marketplace is rapidly growing year after year! Register here: [link] pic.twitter.com/E8LmXuEYge. About this Event. Do you know what companies the SaaS industry is increasingly relying on?