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The Four Key Trends of the Startup Acquisition Market

Tom Tunguz

The startup acquisition market is poised to have its best year in nearly a decade. I’ve observed four: The total number of startup acquisitions has remained relatively constant over the past 14 years. But, the amount of large, disclosed startup acquisitions has decreased by about 25% in the past 14 years.

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The Things Nobody Tells You About An $8B Acquisition with Ryan Smith from Qualtrics (Video + Transcript)

SaaStr

Join Qualtrics Co-Founder and CEO alongside SaaStr Founder and CEO Jason Lemkin as Ryan reflects on the survey software maker’s acquisition by SAP this year. Ryan Smith: The backstory here is we turned down an acquisition offer for $500 million in 2012. Jason Lemkin: Oh, I see. Ryan Smith: The Smith family. That’s it.

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From $800k to $274M in 4 Years - The Story of Ariba

Tom Tunguz

Before its acquisition, which was consummated at the highest historical multiple of any software company , Ariba was the largest independent procurement software business. In 2002, the company invested significantly in sales and marketing, but suffered a decline in revenue. Ultimately, SAP acquired the company in 2012 for $4.6B.

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Benchmarking Atlassian's S-1 - How 7 Key SaaS Metrics Stack Up

Tom Tunguz

Founded in 2002, the Australian software maker Atlassian is an exceptional company in many regards. It follows a beautiful geometric curve characteristic of Flywheel business models, where an efficient customer acquisition engine keeps building momentum and growing revenues exceptionally. These metrics simply unheard of. range of 2.5

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The Investment Patterns of SaaS Companies in Sales and Engineering Over Time

Tom Tunguz

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.

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SaaStr Podcast 215: Ryan Smith, Qualtrics Co-Founder & CEO On The Things Nobody Tells You About an $8 Billion Acquisition

SaaStr

Qualtrics Co-Founder and CEO Ryan Smith sits down with SaaStr Founder and CEO Jason Lemkin as Ryan reflects on the survey software maker’s acquisition by SAP this year. Here’s what Jason and Ryan talk about: Why did Qualtrics turn down a $500M acquisition offer in 2012? Missed the session? I think we can all make the same choice.

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The Right Kind of Mania

Tom Tunguz

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.