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

SaaStr

The Cloud is expanding and moving forward at a phenomenal rate, so we invited the team at Bessemer Venture Partners back to SaaStr to unveil their latest findings in the 2021 State of the Cloud. Is Cloud growth sustainable for the long term? Is Cloud growth sustainable for the long term? Hello Unicorns . trillion.

Cloud 191
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5 Interesting Learnings from Procore at $1 Billion in ARR

SaaStr

It’s a true vertical SaaS leader — “Cloud for Construction” — growing an impressive 33% at $1 Billion (!) Procore is still growing its customer count by a healthy 10% a year at scale. So we haven’t checked in on Procore since after its IPO, when it was at $500m ARR. in ARR now.

Scale 206
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Plenty of Decacorns Were Late Bloomers

SaaStr

There’s no question SaaS and Cloud companies scale faster than ever these days. 50%+ growth at $100m+ ARR seems to be the new normal, and a full 25% of the Cloud 100 was growing 100%+ at $100m in ARR! More on that here: The Top SaaS and Cloud companies are now growing 100% at $100m ARR. Cloud is just so much bigger.

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5 Interesting Learnings from Procore at $500,000,000 in ARR

SaaStr

You may not have heard of Procore if you aren’t in construction, but it’s a quiet SaaS leader we can all learn from if we think about it as a break-out Vertical SaaS leader. But they hit their stride in 2012 as mobile took off, enable construction project management software to finally really work in the field.

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Navigating the Impact of Generative AI on Enterprise Security: Insights from Industry Experts

Andreessen Horowitz

These scenarios leverage GenAI’s ability to evaluate inputs at scale, especially in environments with ample high-quality and standardized data available on which to train. The key question is who will provide these features: specialist vendors or the big cloud and/or model providers?

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Here’s Who’s Hiring a VP of Sales in January

SaaStr

InEvent , a virtual and hybrid events platform, is looking for a VP of Sales to bring their cloud-based products to the emergent hybrid event market. Archdesk , a construction management platform, is looking for a candidate with up-leveling experience to help them mature from mid-market to enterprise deals. Yes, we’re hiring too!

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Top Tips for Startups to Create Powerful Partnerships with Big Companies with SAP VPs Kange Kaneene and Alok Kapur (Video)

SaaStr

Looking at revenue as the primary scale makes sense from an outside perspective. Can your startup fit into an existing programmatic commercial construct, or is there something the company has to work with you to build? Visit the SAP.iO website to learn about SAP’s external startup accelerator and how SAP.iO