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Bezos' Shareholder Letter in 2000

Tom Tunguz

Bezos continued: So, if the company is better positioned today than it was a year ago, why is the stock price so much lower than it was a year ago? All this took patience: Amazon’s share price exceeded the dot-com high Oct 23, 2009, a decade later. Amazon stock reached an all time high of $5.33 before falling to $0.298.

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A $30B Software Company from a $15m Investment

Tom Tunguz

From 2003 to 2014, Constellation’s revenues compounded from $80m to more than $5b, an average of 25% annually. Price Increases. New bookings added 10% ; price increases 5%. Vertical software companies pursue a particular market segment like car dealership management or hotel management software. Growth Source. Acquisition.

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10 Rules to Being a VP of Sales in a Startup

SaaStr

Make your pricing plan simple. I started my career as a tech recruiter, working exclusively with venture backed startups from 2000-2003. You need to build some repeatability. Hire great talent, not great resumes. Keep it simple. Trying to make it more complex in a startup creates more excuses for failure. Black and White.

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The 18 Awesome Women of SaaS in Asia

SaaStock

Grab a ticket before the end of the day on March 8th to avail of Early bird prices. Hooi Ling then moved on to Salesforce, where she was Senior Director for Pricing Intelligence and Monetization. Meet these outstanding women, some of which we will welcome at SaaStock Asia in Hong Kong in May 14-16. Carman Chan.

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Strategy as a Series of Beliefs

Kellblog

For example, he said, “Netflix’s overall challenge (in 2018) was that it could no longer count on contracting for existing good TV and studio films at reasonable prices.” We believe enterprises will pay 5-10x the price of commodity query and reporting (Q&R) tools for an enterprise Q&R solution.

Strategy 122
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A Look Back: Slack at $30,000,000 in ARR

SaaStr

In a kind of analogous way, everyone uses the Internet now, which wasn’t true certainly, when we started Flickr, in late 2003. Jason : When I’m from… pick your company, Dow, and I want to buy 1,000 or 2,000 seats of Slack next year, I’m not going to talk to a sales rep, and I’m going to pay a list price?

Scale 363
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Book Review of Good Strategy, Bad Strategy by Richard Rumelt

Kellblog

” His dismemberment of bad strategy is so surgical and so deft that it alone is worth the price of the book. For example, say it’s 2003 and you’re at CRM leader Siebel Systems. . “Strategic objectives are ‘bad’ when they fail to address critical issues or when they are impracticable.”