Clouded Judgement

JANUARY 12, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. In 2021 and the first half of 2022 (when most of the 2022 activity happened) we essentially crammed 5 years worth of funding into an 18 month period. Public market investors felt all the pain in the 2022 down market.

Cloud 284

Cloud Venture Capital Acquisition Metrics 284

SaaStr

SEPTEMBER 20, 2023

Discover Bessemer Venture Partners’s annual State of the Cloud report, going through trends, benchmarks, and metrics that underpin the Cloud economy. The past twelve months have been relatively turbulent for Cloud founders. What does this mean for Cloud companies? What does this mean for Cloud companies?

Cloud 232

Cloud Payments Software Review Payment Solutions 232

SaaStr

JANUARY 25, 2021

Gartner has increased its estimates for global enterprise and IT spend for 2021 and 2022, with Enterprise Software and SaaS the biggest beneficiary, projected to grow a stunning 10.2% The Cloud isn’t only bigger than ever. The post Gartner: SaaS Will Be Even Bigger Than We Thought in 2022+ appeared first on SaaStr.

SaaS 313

SaaS Enterprise Cloud Trends 313

SaaStr

FEBRUARY 10, 2022

We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. Aiven provides managed open source data technologies on all major clouds. Meanwhile, we do what we do best; manage cloud data infrastructure. Join these incredible companies to experience all the value of SaaStr! Grab tickets here.

Cloud 194

Cloud GCP(Google Cloud Platform) Payments SaaS Payments 194

SaaStr

MAY 16, 2022

But at end of the day, in Cloud, the question is if CIO and related spend will slow down. So follow AWS, Azure and Google Cloud. jasonlk) May 16, 2022. So there’s much angst and even panic with so many SaaS and Cloud public stocks down 50% or more from their peaks. They are the Cloud.

Cloud 236

Cloud Azure AWS Engineering 236

SaaStr

NOVEMBER 13, 2021

So just how many SaaS, Cloud, B2B/B2D pre-IPO unicorns are there really? I took out the B2C, hardware, and non-SaaS healthcare ones, etc. So how many of them are like us — SaaS, Cloud software, or fintech that is SaaS-y? I probably missed a few and included some I shouldn’t have. and more.

Cloud 242

Cloud Healthcare B2C SaaS 242

SaaStr

MAY 23, 2022

There are many ways to slice-and-dice public market data, but the headline one Bessemer called out is the most visceral I’ve seen: Public SaaS and Cloud companies lost $1 Trillion in market cap so far in 2022. And the number of public SaaS and Cloud decacorns has fallen from 50 to 17. Strange Days, Indeed.

Cloud 292

Cloud Azure AWS Marketing 292

SaaStr

DECEMBER 28, 2023

Shopify, Canva, Monday and tons of other SaaS leaders less focused on tech and startups had big years. And broader Cloud players had great years too, from MongoDB to Cloudflare to Azure, if not quite as crazy as at the peak of 2021. And Gartner still predicts overall Cloud spend will grow to record rates in 2024.

Azure 290

Azure Cloud SaaS Trends 290

SaaStr

OCTOBER 26, 2021

So in January of 2021, Gartner predicted enterprise SaaS spend would grow by a stunning 10.2% They’ve now updated that and predict an even further, and stunning, acceleration in enterprise software spend in 2022 — now up to 11.5% In January, they predicted $557B in spend for 2022.

Forecasting 301

Forecasting Enterprise Software Cloud 301

SaaStr

OCTOBER 28, 2022

— Jason Be Kind Lemkin (@jasonlk) October 28, 2022. o this was an interesting week in terms of reading the tea leaves on what’s going on in SaaS, Cloud, the economy, and all that. The Cloud infra side grew nicely, but growth did slow. Google Cloud actually accelerated growth at a $27B run-rate.

AWS 230

AWS Cloud Azure Investment 230

SaaStr

MAY 9, 2022

We’re still just gearing up for SaaStr Europa 2022 in Barcelona on June 7-8 , but for folks looking to get in front of 10,000 SaaS founders and Cloud execs in September … just FYI our sponsorships are now 75% Sold Out: Super Golds are entirely sold out. Diamonds are entirely sold out. Decacorn is entirely sold out.

Cloud 232

Cloud SaaS 232

Clouded Judgement

MAY 19, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. The chart below shows Q1 ‘23 net new ARR added vs the quarterly average across the 4 quarters in 2022. The promise of SaaS is that growth in the early years leads to profits in the mature years. Follow along to stay up to date!

Cloud 161

Cloud Subscription Payment Features Retention 161

Clouded Judgement

OCTOBER 27, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. After the cloud giants reported this week, the timing of the presumed re-acceleration is very much in question. At the same time - Google Cloud also massively decelerated from 28% last quarter to 22% this quarter. which feels unlikely.

Cost optimization & reporting 152

Cost optimization & reporting Cloud Azure AWS 152

SaaStr

FEBRUARY 23, 2024

And then in 2022, the markets crashed hard in SaaS. Since then, overall, SaaS multiples have stayed relatively low, at 6x ARR on average — for public SaaS companies. Almost every public SaaS leader has strong, positive operating margins now, often approaching 20% or more. But SaaS and Cloud keep growing.

SaaS 194

SaaS Cloud Scale Engineering 194

SaaStr

APRIL 13, 2022

Hey SaaStr Fans, With just a few more weeks until SaaStr Europa 2022 – we’re excited to launch the entire SaaStr Europa 2022 Agenda !! From Asana to Zoominfo: this year’s Europa lineup is bringing the best Cloud speakers from around the globe together for two days of incredible learning and insights.

Sales Recruiting 201

Sales Recruiting Cloud Sales Hiring Scale 201

SaaStr

APRIL 4, 2022

Need leads in 2022? Want to meet with 2,500 SaaS and cloud execs … at the Beach? This is the last-ish chance to sponsor 2022 SaaStr Europa in Barcelona, June 7-8. A few things to know: We’re back to an open-air and much outside format, like 2021 and 2022 Annual. Now is the time!

Cloud 233

Cloud SaaS 233

Clouded Judgement

DECEMBER 30, 2022

Every week I’ll provide updates on the latest trends in cloud software companies. And that’s a wrap for 2022! 2022 Top Performers Below is a table that shows the top 10 share price performers of 2022. Congrats to Box for being the only positive returning cloud software stock of the year!

Cloud 130

Cloud Subscription Payment Features Pricing 130

SaaStr

JULY 21, 2022

We’re less than 60 days away from SaaStr Annual 2022! 10,000 SaaS founders, VCs and execs! Scaling Revenue in 2022: What’s the Same and What’s Different? The post Top 5 SaaStr Annual 2022 Sessions (So Far!) Sep 13-15 in the SF Bay Area!! Fully vaxxed. Outdoor festival-style. 4,000+ meetings and braindates!

Venture Capital 237

Venture Capital Enterprise Cloud Pricing 237

SaaStr

JANUARY 4, 2024

In 2022, revenue growth held up for many leaders, but share prices and multiples cratered. It was mixed actually, even if startups didn’t seem to get a breather, it wasn’t so bad for most public SaaS leaders. And yet … it wasn’t all bad, for the bigger guys: The median SaaS and Cloud stock was up 41% in 2023!

Startup 171

Startup SaaS AI Pricing 171

SaaStr

MARCH 11, 2022

Was the “Covid Boost” in Cloud multiples just an anomoly? Put differently, if you look at multiples of revenue for top SaaS and Cloud companies above from 2014-2022, you could come to one of (at least) two conclusions today: Conclusion #1: Q2’20-Q4’22 Cloud Revenue Multiples Were a Covid Anomaly.

Scale 253

Scale SaaS Cloud Pricing 253

SaaStr

MAY 6, 2022

Many SaaS and Cloud leaders are down more than 50% from their all-time highs. But Covid did create a lot of artificial demand for Cloud products, especially the lockdown phase. A Covid Hangover in SaaS stocks.’ — Byron Deeter (@bdeeter) May 5, 2022. — Jamin Ball (@jaminball) May 5, 2022.

SaaS 325

SaaS Azure Cloud AWS 325

Clouded Judgement

JUNE 2, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. If we look at the net new ARR added in Q1 vs the quarterly average net new ARR added across the 4 quarters in 2022 (graphed below), you’ll see only 7 companies added more in Q1 ‘23 than their quarerly average across 2022.

Cloud 130

Cloud Trends SMB Subscription 130

Clouded Judgement

NOVEMBER 4, 2022

Every week I’ll provide updates on the latest trends in cloud software companies. The prevailing narrative today is “higher for longer” and that’s what moved the market down on Thursday Macro Impacts on Software Performance So far we’ve had ~30 cloud software companies report Q3. This was expected.

Cloud 130

Cloud Pricing Revenue Subscription 130

SaaStr

JANUARY 20, 2022

We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. Our mission is to build powerful and secure cloud software for subscription businesses of all sizes, with a strong emphasis on good design and ease of use. With Quolum’s SaaS Card you only pay for SaaS that you use.

DevOps as a Service 204

DevOps as a Service AI Search Cloud compliance 204

Clouded Judgement

JANUARY 6, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Cloud Downgrades This week UBS came out with a couple research reports citing concerns in AWS / Azure growth. If we rewind back the clock to the start of 2022 the big debate was rates. Follow along to stay up to date!

Cloud 130

Cloud Azure AWS Underperforming Technical Team 130

SaaStr

SEPTEMBER 16, 2022

As this gets published, I’ve just about finished giving my talks at 2022 SaaStr Annual. And one of my themes was that while the markets are down, I mean way down — the best in SaaS are still growing at jaw-dropping rates. But for the most part, there is no slowdown in the leaders of SaaS. It really means a lot.

SMB 346

SMB SaaS Cloud Scaling 346

Clouded Judgement

APRIL 6, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. State of SaaS Next week I’m giving a talk at the StartUp Grind conference on the “State of SaaS in 10 Charts.” That’s a big difference, especially when you layer in the growth in headcount from 2021 to 2022.

Cloud 130

Cloud Headcount Subscription Payment Features 130

SaaStr

JULY 29, 2022

The Day in SaaS, 07.28.22: Public SaaS companies are worth exactly 50% of What They Were 12 Months Ago: [link] pic.twitter.com/pbK4BmoNwo. — Jason 2022 SaaStr Annual Sep 13-15 Lemkin (@jasonlk) July 28, 2022. It sort of begs the question … is every SaaS startup worth half of what it was last year?

Startup 279

Startup Venture Capital SaaS Cloud 279

SaaStr

APRIL 28, 2022

We wanted to give a special shout-out to some of our newest sponsors for SaaStr Europa 2022. Our mission at Vanta is to be a layer of trust on top of cloud services, to secure the internet, increase trust in software companies, and keep consumer data safe. Join these incredible companies to experience all the value of SaaStr!

compliance 207

compliance Forecasting Finance AI 207

SaaStr

APRIL 22, 2022

So everything changed in SaaS in February and March. More importantly, many Cloud leaders are down 50% from their all-time highs. More importantly, many Cloud leaders are down 50% from their all-time highs. The post Are You Fundable in 2022? But it didn’t fully hit startups and even many public companies until February.

Venture Capital 255

Venture Capital Cloud Investment Startup 255

SaaStr

SEPTEMBER 10, 2020

It might be where we expected to be in 2022, or 2025, but we may have gotten there — and see more “traditional” growth going forward. Bookings are your window in the near future in SaaS. The post Is the Covid Boost in Cloud and SaaS Already Over? And yet … can this go on forever? It can’t.

Cloud 214

Cloud SaaS Mobile Enterprise 214

Clouded Judgement

SEPTEMBER 29, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. I do think the economy will start slowing next year, and just like they did in late 2021 / 2022, the Fed can very quickly change their course of action. The promise of SaaS is that growth in the early years leads to profits in the mature years.

Cloud 183

Cloud Government Banking Software Review 183

SaaStr

DECEMBER 9, 2022

— Jason Be Kind Lemkin  (@jasonlk) December 8, 2022. So look, very few, if any, SaaS or Cloud companies are out there saying times are easier now than 12 months ago. Overall, growth rates have come down for most public SaaS companies since 12 months ago. A great proxy for Cloud overall. Probably none.

Cybersecurity 257

Cybersecurity SaaS Cloud SMB 257

SaaStr

NOVEMBER 5, 2022

Gartner has its latest report out , talking to hundreds of CIOs, and it breaks down projected SaaS spending in the enterprise in 2023: The summary: Gartner predicts SaaS spend in the enterprise will rise to $195 Billion in 2023, up 17% from $167 Billion in 2022. SaaS overall represents about a third of total Cloud spend.

Enterprise 257

Enterprise SaaS Cloud 257

SaaStr

JUNE 21, 2022

Almost every category of SaaS exploded during the lockdown, but three saw just crazy boosts: Zoom went from $1B to $3.5B In fact, all 3 were clear in their public announcements that the Covid boost was already over by the end of 2020: Is the Covid Boost in Cloud and SaaS Already Over? Still the Best of Times in SaaS and Cloud.

SaaS 282

SaaS Cloud B2B Enterprise 282

SaaStr

AUGUST 29, 2022

10.000 SaaS CEOs, Founders, Revenue Leaders, and VCs will join us for 3 days of tactical content, networking, and epic evening events when the Cloud comes to San Mateo. Scaling Revenue in 2022: What’s the Same and What’s Different? If you haven’t already, sign up here for tickets before we sell out.

Scale 233

Scale Sales Hiring Marketplace as a Service B2B 233

SaaStr

JULY 18, 2022

Gartner: businesses will spend $100,000,000,000 more on software in 2023 than 2022. — Jason 2022 SaaStr Annual Sep 13-15 Lemkin (@jasonlk) July 15, 2022. As of July 2022, Gartner predicts: Overall business software spend will still grow a stunning 11.8% in 2022, to over $900 Billion. Yes, $100B more in 2023.

Venture Capital 321

Venture Capital Software Cloud Forecasting 321