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In Sales Any Easier So Far in 2024? The Answer is “Meh”

SaaStr

So 2023 was a strange year, with many of the biggest, public Cloud and SaaS leaders on a tear, from Microsoft to Cloudflare to Palantir, but so many startups and especially those in traditional B2B struggling to grow. And the biggest category said things were … about the same. So what’s the overall vibe check? It’s just so mixed.

Sales 223
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Microsoft as a Mirror - What We Can Expect for SaaS in 2023

Tom Tunguz

Yesterday, Microsoft announced earnings. Expected growth across segments is muted with an average of 5% growth across these B2B categories. Machine Learning is a Secular Platform Change & a Growth Driver for Software The age of AI is upon us, and Microsoft is powering it. About 70% of commercial Office subscribers use Teams.

Azure 253
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Shopify Says eCommerce is Back. But AWS Says Cloud Under More Scrutiny.

SaaStr

This week we learned two things from the leaders in their categories: First, eCommerce is Back. AWS and Microsoft Azure all reported more customers scrutinizing spend and working to manage their bills more carefully. Azure (Microsoft): In the $50's billion run rate (estimate) growing 42% YoY (last Q grew 46%).

AWS 233
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?From 0 to 6 Million Users in 5 Years: How ClickUp Stood Out in a Crowded Market with Chief Creative Officer Melissa Rosenthal and Chief Growth Officer (Video)

SaaStr

ClickUp has grown and found its voice in an industry of category players, with a staggering six million users within five years. Microsoft no longer dominates this market, as Google apps are almost on par with Microsoft. . Content channels. The distribution of work operation tools has also taken a different look.

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The Top 10 Events in SaaS. According to ChatGPT.

SaaStr

Microsoft Inspire : Microsoft Inspire is an annual event for Microsoft’s partner community, which includes SaaS companies building on the Microsoft ecosystem. It provides updates on Microsoft’s products and strategies and fosters collaboration among partners.

ChatGPT 213
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AI Drove the Largest New Bookings of Any New Product

Tom Tunguz

OpenAI & Microsoft each have multi-billion dollar ARR businesses. Here’s one for the appliance repair software category : “The consumer will pay a lot more if they can get a same-day repairs agreement along with the appliance. " Like every major technology wave, AI runs the risk of overhype.

AI 163
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Guess the Startup Answers

Tom Tunguz

There were a torrent of ideas: Mongo, Twilio, Snowflake, Databricks, Niantic, Klayvio, Microsoft, DataStax, Zoom, and Peloton. But, there are many questions to answer about the differences between equity and tokens before the valuation multiples across these two categories reach a consensus. Here’s the early revenue chart again.

Startup 299