SaaStr

OCTOBER 5, 2023

Per the WSJ and Challenger, Grey, this year more CEOs have left their jobs than any year since 2002 when they started tracking. Dealing with stress is important, especially for founders, who do have to hide … some of it. More than in 21+ years. For me at least, 4 things made a material impact: #1.

Startup 305

Startup Management Business Leadership 305

SaaStr

APRIL 4, 2020

Start raising own fund in 2002. But … from a fund you started raising in 2002. Let’s take a fun example of a simply awesome SaaS company that will IPO soon, doing hundreds of millions in ARR — Procore. Procore was founded in 2003. Imagine you were a seed VC: Started as an angel, in say 2000. Invest in seed round of Procore in 2003.

Venture Capital 220

Venture Capital Investment SaaS Compensation 220

SaaStr

MAY 29, 2019

Ryan Smith Qualtrics in 2002 alongside his father in their family basement in Utah. With over 8,000 enterprise business using Qualtrics, the company counts Fandango, Xerox, Microsoft and Jetblue among its many high profile customers. Ten years later, the company went from bootstrapped to accepting funding.

Payment Methods 252

Payment Methods Payment Solutions Payment Services Banking 252

SaaStr

JULY 2, 2024

Situation Two If you go back and look, we’re nowhere near the highs after the internet bubble in 2002, when 53% of all rounds done were down rounds. In 2009, that spiked to 35%. While the number of down rounds raised has gone up and doubled over 2023, it’s still very low on a historical basis.

Venture Capital 303

Venture Capital Management Scale AI 303

SaaStr

MAY 15, 2019

He served as CEO for the company until 2002 before moving on to Materna. Zendesk went public under ticker $ZEN on the NYSE in 2014. Caput A/S, a communications framework company was Mikkel Svane’s first tenure as a founder in 1996. Mikkel later founded Zendesk in 2007 while living in Copenhagen, Denmark.

Sales Recruiting 173

Sales Recruiting Software Review Technical Review PayPal 173

Hitenism

NOVEMBER 7, 2016

All the way back in 2002, Jeff Bezos issued a 6-point mandate to engineers at Amazon. Instead of working forward on a product roadmap, work backwards from the customer to inform your product roadmap and ensure it’s focused on your actual customer needs. Force customer-centricity into the code.

AWS 189

AWS New CTO Scale CTO 189

Tom Tunguz

APRIL 2, 2014

The first row contains data from IPOs between 1998-2002, the second bucket contains data from IPOs between 2002-2006 and so on. 2002 71 3.0 These figures are inflation adjusted and are in 2014 dollars. IPO Cohort Median VC$ Raised Median # of Rounds Median Round Size $M Median IPO Size Number. 1998 42 2.5 2006 66 4.0

Finance 100

Finance Trends SaaS Cloud 100

Tom Tunguz

MAY 13, 2015

In 2002, the company invested significantly in sales and marketing, but suffered a decline in revenue. in 1999, and ultimately wrote off about $1.4B, which had to be recognized in the period from 2000 to 2002. Presumably this is due to customer churn, as a fair number of their customers must have gone out of business.

Outsourced Development 113

Outsourced Development Software Review Technical Review compliance 113

Tom Tunguz

APRIL 3, 2014

Before 2002, the median ROIC never exceeded 0.9. The line chart above shows the trend across the four different IPO cohorts from 1998-2014. The blue line shows the median ROIC and the red line shows the average ROIC. The trend is more pronounced in the average metric which grew from 0.822 2.0 over the course of the same 16 years.

Startup 100

Startup Trends Investment Cloud 100

Tom Tunguz

APRIL 14, 2014

Looking at the gross dollars invested in engineering, the 2014 cohort spends much more than the 2010, 2006 and 2002 cohorts, setting aside one outlier year in the 2006 cohort. I’m not sure, but the trend is real on a percentage basis as well as on a dollars basis. There seems to be a bumpy, but persistent decline. 1998 34 11.

Engineering 100

Engineering Investment Sales SaaS 100

SaaStr

JUNE 7, 2021

Peter : 2002, I guess or so. Jason : The world ended in 2002 too. Don’t get discouraged. I’ve always done that, even Salesforce.com the early days. Jason : When did you join Salesforce? Jason : Another terrible time to be in technology. Peter : Yeah. Peter : Most people thought that cloud thing would never be big.

Sales Hiring 340

Sales Hiring Underperforming Technical Team SaaS Headcount 340

Tom Tunguz

NOVEMBER 9, 2015

Founded in 2002, the Australian software maker Atlassian is an exceptional company in many regards. But foremost, Atlassian is one of the best examples of flywheel SaaS companies yet.

Benchmarks 124

Benchmarks Metrics Venture Capital SaaS 124

Tom Tunguz

OCTOBER 13, 2014

The average disclosed sale price in the same period has increased about 10% annually, inflation adjusted[2], each year since 2002, substantiating the hypothesis that big acquisitions are fewer in number, but command higher price points. Or it could be that major tech acquisitions cost much more today than they did a decade ago.

Acquisition 115

Acquisition Trends Startup Marketing 115

SaaStock

JANUARY 25, 2019

Founded : 2002. Neoway is targeted to serve a diverse range of industries, including transportation, consumer goods, construction, oil and gas, health and pharmaceuticals, technology, telecoms, banks, and insurance companies and brokers, among others. It has offices in Florianópolis, São Paulo, and New York City. CEO : Jaime De Paula.

SaaS Payments 257

SaaS Payments Payment Solutions Payment Methods Payments 257

Tom Tunguz

NOVEMBER 14, 2015

In 2002, pushed by new head coach named Sir Dave Brailsford, the team implemented philosophy of continuous incremental improvement. In 76 years, the British cycling team have recorded only one gold medal. And the results were astounding.

Growth Hacking 100

Growth Hacking Advertising Acquisition Content Marketing 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 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. Digging past the business revealed a wonderful culture.

Education 100

Education Trends Startup Technology 100

Tom Tunguz

FEBRUARY 25, 2017

This is the illusion of explanatory depth or IOED, which Rozenbilt and Keil described in 2002. Gimini rendered these drawings (on the right) to highlight incorrect most people’s understanding of a bicycles anatomy truly is.

Interviewing 100

Interviewing Startup Engineering Onboarding 100

Tom Tunguz

DECEMBER 7, 2015

Founded in 1996, the company initially sold licensed software and migrated to multi-tenant SaaS in 2002 with a product called UltiPro. The Ultimate Software Company is a $5.5B market cap provider of SaaS Human Capital Management software. Today, more than 82% of revenues are subscription dollars.

Software 100

Software Marketing Forecasting Enterprise 100

Intercom, Inc.

MARCH 25, 2021

I’ve been coaching leaders around the world since 2002. I had left Microsoft in 2002 and had started doing a lot of public speaking. Allstate, the first vice president of customer satisfaction and loyalty, and then finally to Microsoft, where I was the first general manager of worldwide customer and partner loyalty.

VP of Engineering 181

VP of Engineering Scale Business Leadership 181

FastSpring

APRIL 18, 2024

We’ve also integrated artificial intelligence with our documentation search tool! Read our blog post to learn how it works , or go to our documentation to try it out for yourself.

Artificial Intelligence 78

Artificial Intelligence Customer Support Engagement Technology 78

Tom Tunguz

NOVEMBER 4, 2015

He was awarded the Ernst & Young Entrepreneur of the Year in 2002. Kenny is a serial entrepreneur started his career as founder and COO at BroadJump, a broadband software company that grew to $100M in bookings.

Technical Advisors 100

Technical Advisors Marketing SaaS Acquisition 100

SaaStr

MAY 23, 2019

Well in 2002, I know it was a long time ago. But in 2002 there were only two types of startups in existence. There was no other type of startup in 2002 when the internet bubble burst. .” And the reason that’s only kind of glib is, let’s look point by point. So these decisions can have a big impact.

Sales Hiring 147

Sales Hiring Underperforming Technical Team Scale Startup 147

Intercom, Inc.

JANUARY 24, 2019

You’ve had a number of roles at Salesforce since you joined the company back in early 2002, from product management to startup relations. When I started in 2002, I was the first product manager for the API. Mike: Thanks, John, for having me. It’s actually been quite a wild ride with Salesforce from the early days.

Scale 151

Scale Machine Learning Artificial Intelligence Technical Review 151

Chargebee

AUGUST 26, 2021

Since then, the LMS has come to life through various forms, especially with inventions like the desktop in 1970 to the open-source internal network in 2002. The first learning management system was developed in 1924 from a simple typewriter through which questions were administered.

SaaS 59

SaaS Development Management 59

Neil Patel

FEBRUARY 11, 2021

While the average cost of a 30-second TV ad slot during the Super Bowl has more than doubled since 2002 , getting in front of your audience via social ads has actually become cheaper. If your marketing objective is to increase brand awareness, paid social media should be part of your strategy.

Social Media 143

Social Media Advertising Mobile Technical Review 143

Kellblog

MAY 12, 2024

Era 3 (1999-2002). Era 2 (1995-1998). We believe that desktop Q&R and online analytical processing (OLAP) tools should be integrated, and not existing as two separate products. We believe the Internet will require a wholesale rewrite of business intelligence (BI) tools and enable both existing internal and new external use-cases for BI.

Strategy 114

Strategy Government Machine Learning Artificial Intelligence 114

Neil Patel

MARCH 17, 2021

Perhaps as a result of their educational exploits, they’re also less likely to work in their teens and early 20s: Only 18 percent of Gen Zers aged 15-17 in 2018 were employed, compared to 27 percent of Millennials in 2002, and 41 percent of Gen Xers in 1986 62 percent of adult Gen Zers aged 18 to 22 were employed in 2018, compared to 71 percent of (..)

Social Media 145

Social Media Advertising Sales Recruiting Branding 145

Kellblog

MAY 3, 2024

Gartner had declared the category stillborn around 2002 with a note entitled XML DBMS, The Market That Never Was. ” (To which the answer was “no, it speaks XQuery,” which could lead to another loop of hopefully tight question/answer follow-ups.) [6] 6] Because, simply put, nobody wanted to buy an XML database.

Marketing 117

Marketing AI Search Sales Hiring Engineering 117

OpenView Labs

JULY 21, 2021

That was 2002. In a past life I was an IBMer, and I was inducted into its technical executive fast-track program. In my mind, it was a matter of time before I’d be working directly with CEO Sam Palmisano, and I’d be IBM CEO designate.

Business 101

Business Artificial Intelligence Blockchain Software Engineering 101

SaaStr

JULY 2, 2019

Following five years at Oracle, I was lucky to land at Salesforce.com in 2002. One thing as a salesperson at Salesforce.com in 2002 and beyond, that I don’t really think we appreciated at the time to the extent that we should’ve, was this concept of a free trial. Following the-. Dannie : Clicker fail.

Enterprise 160

Enterprise Scale Sales Hiring SMB 160

Totango

MAY 30, 2019

Created in 2002, the awards honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide. The Stevie American Business Awards are the US’s premier business awards program.

Innovation 13

Innovation Leadership Technology Customer Success 13

Neil Patel

SEPTEMBER 22, 2020

Founded in the mind-blowing 2002 they’ve helped 1500+ clients generate 1 billion dollars. If you’re in the early stages of your business development, you’ll need a CRO company that is solely focused on helping people in your situation. Yes, that’s a B! They focus on helping every business they can.

Sales Hiring 144

Sales Hiring Outsourcing Services Social Media Underperforming Technical Team 144

User Pilot

APRIL 30, 2024

Beyond his corporate endeavors, Marty’s passion for nurturing talent and fostering innovation led him to found the Silicon Valley Product Group (SVPG) in 2002. In this role, he drove the development of products that took eBay’s global e-commerce platform to new levels of success.

Management 86

Management Underperforming Technical Team Innovation Generative AI 86

SaaStr

APRIL 16, 2023

You had a BlackBerry in 2002. Stewart : If we had started in 2008, your question before, we would not have taken off like this, for a number of other reasons. It was just harder. There were fewer people, especially for Slack in particular, with its feature set, fewer people messaged back then.

Scale 363

Scale Sales Hiring PayPal Development Team Review 363

Neil Patel

MARCH 16, 2021

Most of today’s top names in blogging and marketing started around the 2002-2005 mark. By giving them quality content at no-charge you are building goodwill with both the influencer and the influencer’s audience. Join Forces With Tomorrow’s Influencers.

Marketing 133

Marketing Payment Features Subscription Branding 133

SaaStr

FEBRUARY 26, 2019

Jared started, this is in 2002, he’s got the Antonio Banderas look going on there. Jason Lemkin: But looking back, you started in 2002, and it was a terrible time to start, but also good because there weren’t 10,000 companies each year out of Y Combinator and EF and others. Ryan Smith: The Smith family. That’s it.

Acquisition 146

Acquisition Sales Recruiting Scale Sales Hiring 146

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