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Three Mega IPOs That Took A Long, Long Time To Get Big: Squarespace, Procore and UiPath

SaaStr

Procore didn’t really begin to take off until 2012: Squarespace was founded way back in 2003 in the CEO’s dorm room, and for years revenue was nominal. UiPath is hyper-enterprise ($1m+ customers) and really on-prem software for the Cloud. It took 3 years just to get to $1M in ARR and 7+ years to get to the first $10M ARR.

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The 18 Awesome Women of SaaS in Asia

SaaStock

Bai Xue believed in the internet – and in 2003 she did the unthinkable: she quit a secure and well-paid job at Panasonic to join the startup movement. With more than 15 years of solid experience, today she is the Chief Operations Officer at the Ping An Health Cloud, known as the most advanced AI healthcare technology.

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More of SaaStr’s Most Respected Leaders Awards List Revealed!

SaaStr

Duo Security, now a part of Cisco, is a provider of unified access security and multi-factor authentication delivered via the cloud. Adaptive Insights is a cloud-based platform for modernizing business planning. Dug Song founded Duo Security in 2019 and grew the company as CEO until it’s acquisition in October of 2018.

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The Future Is Here, It’s Just Not Evenly Distributed

Tom Tunguz

William Gibson, quoted in The Economist, December 4, 2003. With time and advances in manufacturing or cloud computing, newer technologies become more efficient to produce and deliver, but money will always be a barrier to adoption. An entrepreneur shared this quote with me a few weeks ago. Cost: new technologies cost money.

Startup 109
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Who are Asia’s SaaS VCs?

SaaStock

Founded: 2003. It’s also running the Capital Innovation Accelerator Fund targeted at cloud computing, Internet of Things (IoT), mobile and e-commerce startups. It invests in high-growth businesses developing solutions in mobile, telecommunications, IT, cloud, and internet. Size of fund: $9.9M. Founded: 1959. Size of fund: N/A.

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SaaStr Podcasts for the Week with Keith Rabois and Jason Lemkin

SaaStr

353: Keith Rabois (Paypal, Linkedin, Square) and SaaStr Founder Jason Lemkin talk about the landscape of SaaS & Cloud fundraising and valuation in 2020. Does it not all bubble up to even the best cloud stocks? This episode is sponsored by Lightmatter. Does it not matter for the chart on the left? I think by segment.

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Strategy as a Series of Beliefs

Kellblog

Era 4 (2003-2005). I’m probably missing the company’s strong commitment to cloud platforms as part of era 3 and there may be a new era 4, but you get the idea. Era 3 (1999-2002). We believe that customers will increasingly want to buy an integrated suite of BI tools, including Q&R, OLAP, and enterprise reporting.

Strategy 122