SaaStr

SEPTEMBER 13, 2024

It was founded way back in 2005, back when my last SaaS startup was, so I have a dim memory of it. So TechCrunch had a good story on a 19-year journey of Sharefile to an $875,000,000 exit. Fast forward to today, they’ve sold for a stunning $875 million. But it’s not quite that simple.

SaaS 303

SaaS Acquisition Pricing Startup 303

SaaStr

MAY 21, 2021

It was founded in 2005 and took 10 years to get to $1m in ARR!! It took 3 years just to get to $1M in ARR and 7+ years to get to the first $10M ARR. But today, it’s at an incredible $700,000,000+ in ARR !! More on that here. UiPath was the most extreme of all. More on that here.

Construction 342

Construction SMB Mobile Cloud 342

The Daily Egg

APRIL 10, 2019

Crazy Egg was founded in 2005, and ever since then we’ve built a globally distributed team of super smart, talented, hard-working humans from around the world. Not to sound too hipster, but we’ve been working remotely before it was cool.

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The Daily Egg

DECEMBER 10, 2024

It became part of the Adobe family in 2005, when Adobe Systems bought Macromedia. […] The post What Was Adobe Fireworks? + Adobe Fireworks was a graphic design tool developed initially by Macromedia. The Best Alternatives Today appeared first on The Daily Egg.

Development 246

Development 246

SaaStr

SEPTEMBER 26, 2024

One thing I can tell you for sure, having been in SaaS since 2005, is if your VP of Sales claims they’ll make up all the lost ground at the start of the year with a massive Q4 … they won’t. And we never made up for that lost revenue. At least, not entirely. Ok is this a perfect analogue for SaaS sales?

Sales 300

Sales Startup SaaS Revenue 300

Tom Tunguz

SEPTEMBER 2, 2024

In 2005, Gmail claimed the title of most sophisticated app. When the internet became popular in the 1990s, websites were static & adopted the design language of their creators : blue links & images. Then, we added interactivity with Javascript. Soon there after, Google Maps enabled interactivity in the browser for 2D maps.

AI 264

AI Mobile 264

SaaStr

AUGUST 26, 2022

Fenwick’s data on valuation increases going all the way back to 2005 illustrates that: #4. Even though things are down, SaaS overall and valuations are still much, much stronger than anytime before 2019. Software hasn’t been hit as hard as other tech segments.

Pricing 321

Pricing Social Media B2C Startup 321

SaaStr

JANUARY 11, 2023

Founder Has Been CEO since founding in 2005, ownership down to 3.7%. Not enterprise-high NRR, but about what I’d expect from their ACV and category. And a few other interesting learnings: #6. 80% of customers sign multi-year contracts.

Scale 350

Scale Pricing Scaling Enterprise 350

The Daily Egg

FEBRUARY 20, 2019

Heatmaps have been our signature product since 2005. But we’ve grown quite a bit since then, and you may be surprised to learn about the full range of website optimization tools that we offer.

User Experience 241

User Experience 241

Tom Tunguz

MARCH 28, 2021

Founded in 2005 in Bucharest, Romania, by Daniel Dines and Marius Tirca, the company now operates more than 60 offices housing nearly 3000 employees. UIPath, leaders in the Robotic Process Automation (RPA) category, filed their S-1 last week , revealing an impressive business.

Payment Services 359

Payment Services Metrics Payment Solutions Payments 359

SaaStr

FEBRUARY 7, 2022

So far back, to 2005 and beyond, it’s arguable too far back to matter today. This chart before from data Meritech tracks helps illustrate the bear case here: I like t he Meritech data not only because it’s well presented, but because you can go way back in time. Back to the early days in SaaS public companies. Yet we see trends.

Cloud 278

Cloud Trends Revenue SaaS 278

SaaStr

MAY 22, 2023

Not easy, but easier and easier: There was a bump in 2016, a Flash Crash in SaaS, when budgets were slashed, but it didn’t last long enough to really impact renewal cycles.

SaaS 308

SaaS Churn Sales Software 308

SaaStr

SEPTEMBER 4, 2024

It’s not 2005 or 2015 anymore, folks. The guys that had hits 6-8 years ago often run established firms. This makes sense. They also are the guys the LPs (the VC firm’s own investors) are really investing in. But sometimes, their best days are behind them. The world has changed. So starting by 30 makes a lot of sense.

Scale 287

Scale Investment Scaling Management 287

SaaStr

FEBRUARY 12, 2019

In 2005, eBay spent $2.6 One of the most notorious examples of a post-M&A culture misfit is the 2005 merger of Kansas-based Sprint and Nextel. in 2005), recently acquired TalkIQ, a leader in the artificial intelligence and machine learning, and our shared culture and values have been a key factor to the success of this deal.

Acquisition 214

Acquisition Technical Review Artificial Intelligence Machine Learning 214

SaaStr

DECEMBER 7, 2022

Dynatrace was founded way back in 2005 and has been in the “steady growth” camp, now crossing $1B in ARR and a $10.5 Leaders like Crowdstrike and adjacent players from Datadog to Okta and more are higher profile. But it’s what’s in fashion today.

Scale 268

Scale Scaling Engineering Enterprise 268

SaaStr

DECEMBER 20, 2020

Will Ferrell SNL Oracle Skit 2005 from Alford Media Services on Vimeo. Have reasonable, achievable expectations. Don’t let PR just be a cost center line item in your VPM’s budget. And if it ain’t working … make a change. note: an updated SaaStr Classic post).

Technical Review 347

Technical Review SaaS Business 347

Tom Tunguz

DECEMBER 1, 2021

I remember joining Google in 2005. A few weeks ago, Office Hours at Redpoint welcomed Claire Hughes-Johnson, former COO at Stripe and VP at Google. Claire’s operational experience is one-of-a-kind, and the conversation focused on scaling startups. In the halls, I heard colleagues say great things about how terrific a leader Claire is.

Scale 263

Scale Scaling Payment Services Leadership 263

SaaStr

APRIL 19, 2023

One leader in SMB commerce is Lightspeed Commerce, founded way back in 2005. But “POS” systems and software are everywhere, and are a lot more than just Toast and Square. They are strongest in retail, but also have a presence in restaurants as well.

Payment Solutions 278

Payment Solutions Point of Sale Payments SaaS Payments 278

Tom Tunguz

JANUARY 28, 2014

I’m using Crunchbase data since 2005 for tech companies in the US. There’s a rule of thumb batted around the valley that the worst times to raise capital are in the dog-days of summer and after Thanksgiving. As it turns out, this aphorism is only a half-truth. Below is a chart of the dollars VCs have invested by month of year.

Technical Review 235

Technical Review Startup Finance Investment 235

SaaStr

DECEMBER 11, 2021

He’s the visionary behind the Box product and platform strategy and has also served on the Board of Directors at Box since April 2005. Aaron Levie is the CEO and Co-founder of Box, a cloud-based content management and collaboration platform. Previously, he was the CEO and co-founder of EchoSign, which was acquired by Adobe in 2011.

Scale 286

Scale Cloud Interviewing Scaling 286

SaaStr

APRIL 6, 2021

It got started in 2005 with a $500k seed round. Only burned $24m to get to $100m+ in revenues — but it took a long time as a result. Prior to IPO, Olo had raised $100m, but it still had $76m of cash on hand — so net of revenue, it only burned $24m to get to $100m+ in ARR. And growth was very modest in the early years.

Merchant Services 244

Merchant Services SaaS Payments Payments Payment Services 244

Tom Tunguz

MARCH 19, 2023

This surge could parallel the personal computer’s doubling of the US labor productivity rate from 2005-2015 when computers penetrated most business operations which correlates to Moore’s Law according to a research report by the Federal Reserve Bank of New York.

Artificial Intelligence 206

Artificial Intelligence AI Search Government Banking 206

Andreessen Horowitz

OCTOBER 7, 2021

Web1 (roughly 1990-2005) was about open protocols that were decentralized and community-governed. Web2 (roughly 2005-2020) was about siloed, centralized services run by corporations. Most of the value accrued to the edges of the network — users and builders.

Government 145

Government 145

SaaStr

MARCH 27, 2022

When we started EchoSign / Adobe Sign in 2005/2006, the web-based e-signature market was $1m in market size. And other markets, the best founders like Benioff, Jobs, Gates, Zuck, etc. redefined markets. You can do it that way, too. Add 10-100x more value to a market than existing before, and the market size can grow 10-1000x, too.

Sales Hiring 362

Sales Hiring Scale Venture Capital Startup 362

SaaStr

AUGUST 7, 2023

The Number One Thing That Has Changed In SaaS Since 2005 “The number one thing that has changed over my entire journey with SaaS since 2005 is efficiency,” shares Lemkin. Lemkin and the Monday team share how this manufactured metric doesn’t determine cash flow and what metrics you can use instead.

Metrics 245

Metrics SaaS Sales Hiring Finance 245

SaaStr

DECEMBER 27, 2023

Docebo was started and funded in 2005 and became a SaaS player in 2012. They take pride in this because they believe anyone can build a great business without burning a lot of cash. Alessio shared that early on in his career, he wished he prioritized profitability more than he did. Instead, it was growth at all costs.

Sales Hiring 270

Sales Hiring Scale SMB Outsourced Development 270

IT World

SEPTEMBER 2, 2021

Web browser functions like those trace their roots back more than a decade, and the feature — first found in a top browser in 2005 — spread quickly as one copied another, made tweaks and minor improvements. Private browsing. Privacy mode. Protect Your Privacy. Online privacy: Best browsers, settings, and tips.

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SaaStr

SEPTEMBER 3, 2023

Lemkin’s been a SaaS entrepreneur since 2005, and SaaS didn’t come into fashion until 2019. “Recurring software revenue is now recognized as a great way to generate tons of cash for investors,” says Gerety. But that wasn’t always the case. It took a while. That’s 14 years of waiting for people to get excited!

Sales Hiring 268

Sales Hiring Headcount Finance Technical Review 268

FastSpring

JUNE 21, 2024

Founded in 2005, FastSpring is a privately owned company headquartered in California with offices in the UK, Netherlands, and Canada. As a Merchant of Record, FastSpring provides a fully managed payment solution including checkout, fraud mitigation, and 100% automated sales tax and VAT compliance. For more information, please visit [link].

Merchant Services 158

Merchant Services Marketplace as a Service Payments Payment Solutions 158

FastSpring

JULY 2, 2024

Founded in 2005, FastSpring is a privately owned company headquartered in California with offices in the UK, Netherlands, and Canada. As a Merchant of Record, FastSpring provides a fully managed payment solution including checkout, fraud mitigation, and 100% automated sales tax and VAT compliance. For more information, please visit [link].

Merchant Services 155

Merchant Services Payments Payment Methods Payment Solutions 155

SaaStock

FEBRUARY 13, 2019

Launched in 2005 in New York and Guangzhou, Gizwits has become the largest IoT development platform in China, as well as its first PaaS and SaaS platform. Founded : 2005. Funding to Date : $2M from corporate round. It provides smart hardware self-development and cloud service. Founders : Jack Huang. Based in: Guangzhou, China.

SaaS Payments 225

SaaS Payments Payment Solutions Merchant Services Payment Methods 225

Tom Tunguz

OCTOBER 7, 2015

In 2005, Google, Yahoo and Microsoft were vying to win dominant share of advertising pages across large publishers. When I was a PM at Google, we conducted customer research often to understand our customers’ opinions on AdSense.

Product Marketing 154

Product Marketing Development Team Review Software Review Startup 154

SaaStr

MAY 22, 2019

YC has funded over 1,900 startups since 2005 including Airbnb, coinbase, Dropbox, Stripe, Flexport, instacart and reddit. About Michael… Number six on our list, Y Combinator’s Michael Seibel who was popular across all metrics but saw especially high interest in his speaker profile and pre-registrations months before the event.

Scale 167

Scale Leadership Consulting Software Development 167

FastSpring

APRIL 25, 2024

Founded in 2005, FastSpring is a privately owned company headquartered in California with offices in the UK, the Netherlands, and Canada. As a merchant of record, FastSpring provides a fully managed payment solution including checkout, fraud mitigation, comprehensive sales tax and VAT compliance, and more.

Payment Services 145

Payment Services Merchant Services SaaS Payments Payment Methods 145

Sales Hacker

OCTOBER 25, 2023

Zach Lawryk is currently the Head of Global Solutions Consulting at Rippling , previously the VP of Solutions Consulting at Slack , Director of Sales Engineering at Box , and really began his career in tech at Salesforce as a Sales Engineer in 2005.

Consulting 124

Consulting AI Benchmarks B2B 124

The Angel VC

NOVEMBER 26, 2014

I had always been a consumer Internet guy, having founded comparison shopping engine DealPilot.com back in 1997 and personalized homepage Pageflakes in 2005. The first date When I stumbled on Zendesk in 2008 I knew absolutely nothing about enterprise software, B2B or SaaS.

Scale 155

Scale Sales Hiring Venture Capital Software Review 155

SaaStr

JUNE 14, 2023

UiPath was founded back in 2005, and its origin story is similar to many technical engineers-turned-founders. UiPath’s CEO, Daniel Dines, has emphasized the importance of being open to customer feedback and building amazing connections with some of their biggest clients. Dines’ story is humble, embodying his company values early on.

Scale 246

Scale Artificial Intelligence Technical Review Software Review 246