SaaStr

JANUARY 9, 2021

BlackLine was started in 2001 during a black swan event when the internet seemingly ended and we’re currently in the midst of another black swan event with the global coronavirus pandemic. There is a very high value to having a mentor providing stabilization as more stakeholders join the company. Preparing Teams for a Black Swan Event.

Travel 286

Travel Scaling Investment Enterprise 286

SaaStock

MARCH 27, 2019

Superlógica was started back in 2001 as an ERP software for condominiums. Tune in for an extra bonus episode of the podcast, hosting SaaStock LatAm speaker André Baldini, CEO of Superlógica who tell us how the company grew revenue 10x. André Baldini started out as VP of Sales In 2017 he was promoted to CEO.

Pricing 201

Pricing Headcount Banking Revenue 201

Intercom, Inc.

AUGUST 18, 2021

“First developed in 2001 by Fred Reichheld, NPS quickly became a key metric in all sorts of industries, an agreed measure of customer loyalty” First developed in 2001 by management consultant Fred Reichheld, NPS quickly became a key metric in all sorts of industries, an agreed measure of customer loyalty.

Scale 232

Scale Benchmarks Construction Metrics 232

SaaStr

APRIL 22, 2022

By 2001, when laptops started to surf the web, about 1 million devices existed. Before starting Samsara, Sekar worked with the same founding team at Meraki, which focused on wireless device connectivity. 30 years ago, in 1991, there were only about 10,000 wireless devices in use, and these mostly came from the cash register industry.

Innovation 278

Innovation Wireless Scale Marketing 278

SaaStr

NOVEMBER 1, 2019

In 2001 David joined Matrix Partners, who had backed his last two startups, as a General Partner. In 2001 David joined Matrix Partners, who had backed his last two startups, as a General Partner. Three of the companies he founded went public and one was acquired. Three of the companies he founded went public and one was acquired.

Technical Review 208

Technical Review Development Team Review Software Review Scale 208

Tom Tunguz

MAY 13, 2015

After the company successfully completed its IPO, the company would increase its annual sales and marketing budget by 6X year-over-year to $230M and $298M in 2000 and 2001, at precisely the wrong time. The notable dip in 2001, when Ariba notched a loss of $2.7B, or -674% net income as a percentage of revenue figure.

Outsourced Development 113

Outsourced Development Software Review Technical Review compliance 113

Tom Tunguz

APRIL 27, 2015

But soon after the crash of 2001, the startup’s market cap totaled only $8M. Then Concur quickly grew to about $41M over the next five years, before the transition to selling SaaS in 2001. The company went public on this model in 1998. The company generated about $2M in revenue as it switched to its licensed software business.

SaaS 113

SaaS Travel Cloud Business Model 113

SaaStock

MARCH 1, 2019

It has more than 100 investments since its founding in 2001. Founded: 2001. SAIF Partners is one of the top private equity firms that provides growth capital financing for Asia businesses. SAIF is also one of the biggest funds, investing in Hong Kong, China and India. Size of fund: $700M.

SaaS Payments 190

SaaS Payments Venture Capital Payment Services Telecommunications 190

SaaStock

JANUARY 30, 2019

Starting from 2001 with the establishment of DGF Investimentos, there has been a steady addition to the roster of funds, with key periods where a few were started around the same time. Founded: 2001. What are the ingredients required to help foster such an ecosystem? A healthy availability of capital is one. Size of fund: $305.8M.

Venture Capital 155

Venture Capital SaaS Healthcare Finance 155

IT World

NOVEMBER 19, 2021

This part of his decision was overturned in 2001, or we'd be living in a very different technology world. US District Court judge Thomas Penfield Jackson, who oversaw the Department of Justice vs. Microsoft, had ruled in 2000 that Microsoft was a monopoly that should be broken up into two companies.

Technology 96

Technology Marketing 96

SaaStr

SEPTEMBER 23, 2019

And it started off as a true side project: “Mailchimp, named after their most popular ­e-card character, launched in 2001 and remained a side project for several years, earning a few thousand dollars a month. Mailchimp is now approaching $1 billion in ARR and is 100% bootstrapped.

SaaS 100

SaaS 100

Sales Hacker

JANUARY 17, 2020

In 2001, when Tom Brady was just 24, his backup QB, Damon Huard, asked him how he stays so confident on the field. Heck, if you’re not a football fan, you know who he is and that some people call him the GOAT. Not just because he’s good, but because he is consistently good.

Sales 98

Sales 98

Tom Tunguz

FEBRUARY 6, 2016

An example of a relatively extreme case, from 2001 to 2007, Concur grew between 0% and 35% each year. But we may be entering an era when 50% annual growth at cash flow breakeven is the norm, rather than 400% annual growth, burning multiples of revenue. It took the company nearly five years to double revenue from $35.7M in 2000 to $71.8M

SaaS 113

SaaS Startup Mobile Pricing 113

Chaotic Flow

OCTOBER 13, 2015

In 2001, this culminated in the publishing of the Agile Software Manifesto. A groundswell formed around the idea of taking the agile principles that had been so successful in manufacturing and applying them to software. Could we turn a death march that produces bugs into an efficient production line that produces quality software?

SaaS 149

SaaS Software Development Software Review Outsourced Development 149

SaaStock

JANUARY 25, 2019

Founded : 2001. It is a management system for companies based on recurrent services, such as condominiuns, subscription model businesses, real estate, course and education providers businesses, among others. CEO : André Baldini. Based in: Campinas, Brazil. Funding to Date : N/A. Hi Platform.

SaaS Payments 257

SaaS Payments Payment Solutions Payment Methods Payments 257

Tom Tunguz

DECEMBER 13, 2015

The fundraising markets have infused more cash into startups in 2015 than in any year since 2001. But, the venture backed IPO markets touched five year lows and whispers of a bubble have become a meme in the past six months. What’s really going on? And should that impact when founders start companies?

Startup 100

Startup Development Marketing Business 100

Tom Tunguz

JANUARY 21, 2015

Software companies founded in 1998-2001 raised $50M before IPO. Despite the fact that SaaS companies are building some of the most efficient business models ever , newer software companies are raising more capital. On the other hand, companies founded between 2010-2013 have raised three times that amount, at more than $150M.

SaaS 100

SaaS Startup Business Model Enterprise 100

Tom Tunguz

MAY 18, 2015

Both of these business weathered the dot com crash in 2001 and the financial meltdown in 2008. Both companies demonstrated very volatile sales efficiencies, which are probably more influenced by the macro economic environment than the performance of the sales teams.

Sales Recruiting 100

Sales Recruiting Scale Software Acquisition 100

Tom Tunguz

NOVEMBER 13, 2016

In 2001, Salesforce spent $35.6M What percentage of revenue should be spent on payroll? on payroll and generated $5.4M in revenue. NetSuite spent $38M on payroll generated $17M in 2004. as both of these companies scaled and approached IPO, the operating expense ratio (OER) or operating expense divided by revenue, asymptotes to 0.8.

Revenue 100

Revenue Startup SaaS Benchmarks 100

Tom Tunguz

JULY 22, 2014

If this pace of fund raising continues, 2014 would mark the biggest year for VCs since 2001, when the industry raised about $38B. Through the first six months of 2014, VCs have raised about as much as all of 2013. This new money hasn’t yet hit the startup fundraising market in earnest, as the chart above shows.

Venture Capital 100

Venture Capital Startup Banking Trends 100

Tom Tunguz

AUGUST 20, 2014

Google had grown from $220k in revenue in 19aw99, to $19M in 2000, to $86M in 2001, to $347M in 2002, to $961M in 2003, and would record $3.2B So much excitement and ambition. But that feeling was more than just a product of the rocket ship growth of the ads business. in 2004, the year of their IPO.

Education 100

Education Trends Startup Technology 100

Andreessen Horowitz

OCTOBER 16, 2023

In this wide-ranging conversation from April 2019, a16z’s Frank Chen sits down with Ken Kocienda, a longtime software engineer and designer at Apple from 2001 to 2017, who wrote a book about his career there, called Creative Selection.

Software 77

Software Software Engineering Engineering 77

Tom Tunguz

SEPTEMBER 9, 2012

The fraction of small IPOs with negative EBITDA has doubled to nearly 90% in about 30 years. Small IPOs. . Large IPOs. . Number. % < 0. Number. % < 0. Once public, profits don’t improve. In the last 20 years, 80% of small cap companies hadn’t generated a profit in the first 3 years after IPO. Public investors punished them for it.

Marketing 100

Marketing Scale Venture Capital Finance 100

Tom Tunguz

AUGUST 14, 2014

The chart above compares the total number of MegaRounds, those VC investments of $50M or more, from 2001 through 2013. Note, I’m excluding Facebook’s IPO in 2012 as an outlier and I’ve adjusted for inflation. In the past four years, MegaRounds have more than doubled in number from 20 to 40, and have increased every year.

Venture Capital 100

Venture Capital Finance Trends Startup 100

SaaStr

JULY 22, 2020

Ann: Yeah, I just…I go to those comments and just say… I was in the venture industry back in 2001. And so there were companies that had to pull their IPO in 2001. And I just think that really builds morale in these tough times. And it’s exactly what you need. And my second day of working in venture was at nine eleven.

Venture Capital 280

Venture Capital Travel Investment Marketplace as a Service 280

SaaSOptics

MAY 5, 2022

I was there when the bubble burst in 2001, the meltdown of 2008, and I’ve seen our industry rise again as SaaS businesses have attracted incredible amounts of capital over the past 10 years. How the magic happens. I’ve spent 20+ years in tech–all of it in the Internet sector.

Scale 98

Scale Technical Review Payment Features Subscription 98

SaaStr

NOVEMBER 13, 2020

I think every one of us that had lived through 2001 and 2002 or 2000, 2001, and then again, lived through ’08, ’09, we immediately pulled out our playbooks and we’re like, “Here it is, this is the downturn we’ve been waiting for.” Sunil Dhaliwal: What have I seen? Everything just stopped.

Sales Recruiting 219

Sales Recruiting Development Team Review Technical Review Sales Hiring 219

Intercom, Inc.

AUGUST 13, 2019

This was probably best illustrated in what’s been called the single most famous edit in the history of cinema, in 2001: A Space Odyssey. Ultimately, tools are a part of who we are and how we conceive of ourselves. We forward millions of years from one tool to another: from the bone to the space station.

Underperforming Technical Team 223

Underperforming Technical Team New CTO CTO Hire Technology 223

Neil Patel

JANUARY 13, 2021

Yahoo launched Groups in January 2001. Thankfully, if you were a fan, there are a plethora of alternatives to Yahoo Groups. Below, we’ll discuss our favorites so you can pick the best online group platforms for you. What Was Yahoo Groups Used For? The platform soon became a popular host for vibrant online discussion boards.

Social Media 128

Social Media Advertising Branding Communication 128

Neil Patel

OCTOBER 18, 2020

Flagship Merchant Services cut the tape in 2001 and was acquired by iPayment in 2012. Pros: Dedicated account manager Free account setup Free card terminal (with fees). Cons: Confusing ownership Little information regarding price. Now, they primarily resell iPayment, so keep that in mind.

Merchant Services 132

Merchant Services Payment Services Payment Methods Helcim 132

Chargebee

APRIL 25, 2023

In early 2001, a struggling computer company decided to launch a digital music player to break into new markets. With just five months left for the official launch, the team worked all seven days of the week. The software was still work-in-progress at the time of the launch, and the company needed to decide on […]

Business 52

Business Software Marketing 52

Frontegg

APRIL 29, 2021

OIDC vs OAuth? What’s the difference between OAuth and Open ID? What about the difference between SAML and OAuth? Here’s a quick comparison.

Software Review 98

Software Review Technical Review Systems Review Azure 98

SaaStr

SEPTEMBER 4, 2020

Jason Lemkin: You were nominally founded in 2001, right? Whether we start in 2007, 2009, 2001, it’s a slow roll to Act Two, right? Let’s talk about that-. Ben Chestnut: Yeah, we didn’t have a free plan. We didn’t have a free trial before that. You had to pay. Ben Chestnut: Yes.

Scale 200

Scale Underperforming Technical Team Sales Hiring Branding 200

Kellblog

MAY 8, 2019

As an example, there were two kinds of startups in 2002: those that raised large amounts of money at crazy valuations in 2001 and dead. [3] That works great — until it doesn’t — e.g., if you miss one of those quarters or if the markets turn on you.

Venture Capital 74

Venture Capital Finance Pricing Startup 74

Neil Patel

DECEMBER 11, 2020

Mailchimp is a powerful product that hasn’t lost its simple feel, though it has grown considerably since it first hit the market in 2001. . #1 – Mailchimp — Best for Beginners. Today, it functions as an integrated marketing platform, taking on way more responsibility than the email automation it became famous for.

Scale 143

Scale Mobile Pricing AI Search 143

ChurnZero

OCTOBER 13, 2023

In 2001, author and consultant Patricia Seybold could see that technology was having a profound impact on business economics. The customer, she wrote in her book “ The Customer Revolution ,” was in charge. Businesses had to become more customer-centric.

Customer Success 52

Customer Success Leadership Benchmarks Consulting 52

SaaStock

MARCH 29, 2019

He’d been in SaaS since 2001 and had worked in every role from salesperson, leader, founder, and CEO. Here is what he writes: I also had the opportunity on Monday to view John Thompson ’s ‘SaaSy Selling’ workshop. John has 22 years of experience in the world of startups.

Scale 103

Scale Sales Hiring CTO Hire Social Media 103