article thumbnail

Pilot: 57% of Venture Startups Will Need to Raise More In 2024

SaaStr

Folks that raised in the Go-Go Times of 2021 in many cases have been able to stretch their cash through 2023. SaaS and Cloud growth overall will remain strong. Shopify , Datadog, Crowdstrike , Google Cloud-Azure-AWS, Snowflake , etc. But also focus on the prize at the same time — record Cloud spend.

Startup 336
article thumbnail

Gas Gas Revolution

Tom Tunguz

In 2021, Amazon announced they had reduced prices on Amazon Web Services 107 times since launch. This drop in prices has grown AWS into a $90b revenue business in 17 years. As storage & compute became less expensive, the economic viability of new use cases became increasingly apparent & developers built software on the cloud.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Who’s Coming to 2021 SaaStr Annual NEXT WEEK!!

SaaStr

A Cloud Gutu. The post Who’s Coming to 2021 SaaStr Annual NEXT WEEK!! In addition to our 200 speakers and mentors, who else is coming? A partial list. CEOs, founders and senior execs from the following will be there!! 9Yards Capital. Acadian Software. Activant Capital. Active Capital. Active Prospect. Avataier Corporation.

AWS 270
article thumbnail

Clouded Judgement 2.16.24 - Jan Green Shoots + CPI

Clouded Judgement

Every week I’ll provide updates on the latest trends in cloud software companies. Yes, I wouldn't say it's all back to where 2021 was, but there are some green shoots, right? Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! Could this be the sign of a slow rebound? .”

Cloud 161
article thumbnail

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

SaaStr

If you’re selling cloud infrastructure, for the most part, growth may be down a smidge but is still strong, e.g., MongoDB. Growth in public cloud services (AWS, Azure, Google Cloud, Snowflake, etc.) Growth in public cloud services (AWS, Azure, Google Cloud, Snowflake, etc.)

article thumbnail

Is it Really ARR? In 2021+, Yes. As Long As NRR is > 100%

SaaStr

But like “Cloud” and “SaaS”, its definitely has evolved. Let’s take a look at 3 great examples: Example #1: Bill.com First, Snowflake rolls its large customers into fixed comittments (as does AWS and many others), and bills them in advance. In 2021+, Yes. Well of course it does. Call it ARR.

article thumbnail

5 Interesting Learnings from Digital Ocean at $700,000,000 in ARR

SaaStr

So is it possible to be too efficient in SaaS and Cloud? Many have used Digital Ocean at the cheaper, simpler version of AWS-Azure-Digital Ocean to get going fast and quickly. ARPU was up +28% from 2022 over 2021, and another 6% the past 12 months on top of that. And if so, maybe that’s Digital Ocean.

Scale 256