Clouded Judgement

JANUARY 12, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. There are also many late stage companies who will never get back to the valuation they raised at in 2021 (when thinking about an exit, not just the price a venture firm is willing to pay in a round…). Follow along to stay up to date!

Cloud 284

Cloud Venture Capital Acquisition Metrics 284

Clouded Judgement

FEBRUARY 9, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. Going in to this earnings season I expected a big driver of stock price performance to be how 2024 full year estimates change pre / post earnings. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date!

Cloud 195

Cloud Pricing Startup Revenue 195

Clouded Judgement

DECEMBER 22, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Wrapping all of this up, it appears that the market is either “pricing in” forward estimates coming up in 2024, or a big drop in rates (or both). Subscribe now Share Clouded Judgement Leave a comment

Cloud 177

Cloud Subscription Payment Features Metrics 177

The Daily Egg

MAY 18, 2021

Speed and uptime are a cloud hosting service’s priorities. HostGator Cloud aligns its hosting service with these priorities that website owners have come to expect from cloud hosting. per month with introductory pricing, small websites and businesses can benefit from […]. And it does so at an affordable level.

Cloud 294

Cloud Pricing Business 294

Clouded Judgement

APRIL 12, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. Top 10 EV / NTM Revenue Multiples Top 10 Weekly Share Price Movement Update on Multiples SaaS businesses are generally valued on a multiple of their revenue - in most cases the projected revenue for the next 12 months.

Cloud 141

Cloud Subscription Payment Features Revenue 141

Clouded Judgement

APRIL 11, 2024

Q4 earnings season for cloud businesses is now behind us. This has all resulted in the median stock price declining 5% YTD. We then dipped below the trendline as we hit the period of “cloud optimizations,” and things have started to rebound. What’s going on with rates (the 10Y has gone from 3.9%

Cloud 177

Cloud Software Azure AWS 177

Clouded Judgement

JANUARY 5, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. In the basket I track and discuss in Clouded Judgement (~80 companies), no one is up on the year. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! ” Should be an exciting earning season!

Cloud 152

Cloud Trends Subscription Payment Features 152

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

Clouded Judgement

FEBRUARY 10, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. If wages go up, inflation usually follows and consumers can weather the storm of higher prices for goods because their salary went up. The market had priced in downward earnings revisions. Follow along to stay up to date! Hard Landing?

Cloud 268

Cloud Software Review Technical Review Systems Review 268

Clouded Judgement

DECEMBER 29, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Subscribe now 2023 Top Performers In 2023, there were 14 cloud software companies that were up 100%+ this year (in the index I track of ~80 total)! Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date!

Cloud 189

Cloud Software Review Subscription Payment Features 189

Clouded Judgement

MARCH 10, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Quarterly Reports Summary Top 10 EV / NTM Revenue Multiples Top 10 Weekly Share Price Movement Update on Multiples SaaS businesses are generally valued on a multiple of their revenue - in most cases the projected revenue for the next 12 months.

Cloud 244

Cloud Trends Subscription Payment Features 244

Clouded Judgement

MARCH 8, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. Quarterly Reports Summary Top 10 EV / NTM Revenue Multiples Top 10 Weekly Share Price Movement Update on Multiples SaaS businesses are generally valued on a multiple of their revenue - in most cases the projected revenue for the next 12 months.

Cloud 161

Cloud Revenue Subscription Payment Features 161

SaaStr

NOVEMBER 28, 2023

Overall, the BVP Nasdaq Emerging Cloud Index is up 22.97% this year. I went further and put together a quick list of 25+ SaaS and Cloud leaders to see how their share prices are doing. On average, their share prices are up a stunning 68.50% and they are worth on average $26 Billion! But not everyone. Not by far.

Cloud 226

Cloud Scale SaaS Pricing 226

Clouded Judgement

DECEMBER 1, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Amazon and Snowflake have both made comments recently that Cloud Optimizations are starting to play second fiddle to net new workload growth. We’re still in the early days of the cloud.” Follow along to stay up to date!

AWS 293

AWS Cloud AI Search Cost optimization & reporting 293

Clouded Judgement

FEBRUARY 23, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. The second part is a nuanced point - the median cloud software stock is down 2% year-to-date. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! So the 2024 guides would be supportive of that.

Cloud 152

Cloud Metrics Subscription Payment Features 152

Clouded Judgement

APRIL 14, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Net New ARR Slowdown It’s no secret that cloud software businesses have seen headwinds over the last couple quarters. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! Headline CPI came in at 5.0%

Cloud 169

Cloud Subscription Payment Features Trends 169

Clouded Judgement

APRIL 5, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. Competitors start telling prospects you’re competing on that “that company will screw you in the future because their VCs will force them to price gouge you so they can make money.” Follow along to stay up to date!

Cloud 161

Cloud Scale Pricing Revenue 161

Clouded Judgement

AUGUST 4, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Subscribe now Cloud Giants Update “What we're seeing in the quarter is that those cost optimizations, while still going on, are moderating and many maybe behind us in some of our large customers. Follow along to stay up to date!

Cloud 130

Cloud Azure Cost optimization & reporting AWS 130

Tom Tunguz

AUGUST 22, 2023

The Data Center business, which sells to clouds & consumer companies drove nearly all of the growth, surging 141% quarter-over-quarter to $10.3b & nearly 3x annually. The company’s pricing power at work : limited supply & increased demand pushes prices higher. NVDA’s profitability is remarkable.

AI 234

AI Pricing Business Cloud 234

Clouded Judgement

MAY 19, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Medium and high growth software companies have seen a median stock price performance this year of 21% and 26% respectively. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date!

Cloud 161

Cloud Subscription Payment Features Retention 161

Clouded Judgement

NOVEMBER 24, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Quarterly Reports Summary Top 10 EV / NTM Revenue Multiples Top 10 Weekly Share Price Movement Update on Multiples SaaS businesses are generally valued on a multiple of their revenue - in most cases the projected revenue for the next 12 months.

Cloud 161

Cloud Subscription Payment Features Metrics 161

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. 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. The post Cloud Stocks May Be Down.

Cloud 230

Cloud Azure AWS Engineering 230

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 227

Cloud Payments Software Review Payment Solutions 227

Clouded Judgement

OCTOBER 20, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Hyperscaler Preview Next week Amazon, Microsoft and Google report earnings and we’ll see Q3 data for AWS, Azure and Google Cloud. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date!

Cloud 161

Cloud Azure AWS Software Review 161

SaaStr

JANUARY 10, 2022

Q: How can enterprise software (SaaS) pricing be optimally defined, taking into account that two of three versions of the software can be offered, e.g. ‘small’, ‘medium’, ‘large’? different enterprise products … each with different approaches to pricing! Segment your pricing (we know this).

Pricing 206

Pricing Cloud Enterprise Software 206

Clouded Judgement

DECEMBER 8, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Andy Jassy doubled down on some of the commentary he’s made in the last few weeks about cloud optimization headwinds starting to abate. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date!

Cloud 161

Cloud Software Review Headcount Trends 161

Clouded Judgement

JANUARY 26, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. So there's a real appetite to invest in Gen AI, and there's no price sensitivity around it because the business cases are so unbelievable. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date!

Cloud 161

Cloud Marketplace as a Service AI Subscription 161

Clouded Judgement

FEBRUARY 16, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. Quarterly Reports Summary Top 10 EV / NTM Revenue Multiples Top 10 Weekly Share Price Movement Update on Multiples SaaS businesses are generally valued on a multiple of their revenue - in most cases the projected revenue for the next 12 months.

Cloud 161

Cloud AWS Metrics Subscription 161

SaaStr

NOVEMBER 10, 2022

So our economy is going through some unpredictable transitions, with Cloud and SaaS companies powering through with still-strong growth and unemployment remaining at near record lows, while inflation, interest rates and more batter us at the same time. That was fine when Cloud stocks grew to record highs and multiples, or sort of fine.

Sales Hiring 255

Sales Hiring Pricing Cloud Startup 255

Clouded Judgement

JANUARY 19, 2024

Every week I’ll provide updates on the latest trends in cloud software companies. The answer is they may, but just at a different price / valuation. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! Only a small number of startups will ever reach it to the public markets.

Cloud 177

Cloud Scale Compensation Metrics 177

Clouded Judgement

OCTOBER 6, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. The WIRP function is used to show the implied probabilities of interest rate moves at future central bank meetings based on the pricing of interest rate futures. Subscribe now Share Clouded Judgement Leave a comment

Cloud 152

Cloud Banking Subscription Payment Features 152

Clouded Judgement

DECEMBER 15, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! Subscribe now Macro Update the 10Y rate dropped to 3.9% That’s a huge move in rates in such a short window.

Cloud 183

Cloud Subscription Payment Features Metrics 183

Clouded Judgement

APRIL 21, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Morgan Stanley released a report yesterday suggesting “cloud optimizations [were] an intensifying headwind in Q1.” ” They anticipate Q1 will be the peak pressure on cloud spend, and we may see a re-acceleration heading into 2024.

Cloud 130

Cloud Azure AWS GCP(Google Cloud Platform) 130

Clouded Judgement

FEBRUARY 24, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. This week Walmart and Home Depot reported earnings (I know, not the usual cloud software suspects!). The choice they have is to pass those price increases back on to the consumer (who appears to be getting much weaker), or take margin hits.

Cloud 130

Cloud Subscription Payment Features Revenue 130

Clouded Judgement

JANUARY 27, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Azure (Microsoft) Quarter The week the first of the cloud giants reported - Azure. ” Or said another way, “has the market appropriately discounted the rocky road ahead, and is this priced in.”

Cloud 141

Cloud Azure Pricing Subscription 141

Clouded Judgement

OCTOBER 13, 2023

Every week I’ll provide updates on the latest trends in cloud software companies. Subscribe now Share Clouded Judgement Leave a comment Follow along to stay up to date! Subscribe now August Inflation Update We got August inflation this week, here’s where it came in: Headline CPI 3.7% consensus and +3.7% consensus and +4.3%

Cloud 169

Cloud Artificial Intelligence Subscription Payment Features 169

Clouded Judgement

NOVEMBER 18, 2022

Every week I’ll provide updates on the latest trends in cloud software companies. I looked at the period of 2015 - 2020 (right up until Covid, so excluding the Covid bubble) and picked out all of the cloud software companies that at one point in time were trading at >10x NTM revenue. Follow along to stay up to date!

Cloud 130

Cloud Pricing Investment Revenue 130