2009 Related Topics 
SaaStr
NOVEMBER 7, 2024
Additionally, if you look at the mobile shift, the iPhone was released in 2007 but we didn’t get our first mobile apps like Uber and Snapchat until 2009 and 2010. It wasn’t until years later that Workday and Salesforce and a whole generation of SaaS companies came along to build on top of that infrastructure.
SaaStr
JUNE 2, 2022
in May 2009 … but then returned to normal 2% by 2010: #4. You can also see highly elevated gross churn in 2009 here — the Mar-June on the left side of the X-axis. But even by July 2009, it had returned to normal once we worked through a cycle of churn. SMBs just plain went out of business in ’08-’09.
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SaaStr
MARCH 13, 2020
2020 is not the same as 2009. At least, those of us who were CEOs in 2009 sort of know what to do at an operating level. Folks in SaaS that were CEOs and execs in ’08-’09 have seen some of this before. We will do a webinar ourselves on this next week. But it might end up being pretty similar in SaaS. We’ll see.
SaaStr
AUGUST 9, 2020
A Good Day: Dec 31, 2009; Dec 31, 2010; Dec 31, 2011; Dec 31, 2012. A Bad Day: The Day My Mentee Quit on Me to Go Off and Do Better in 2009. Beyond that, bringing someone super talented into the company that brings a positive attitude and a whole team with him — just epic. And again, Dec 31, 2018 and Dec 31, 2019. And again in 2018.
Tom Tunguz
JUNE 19, 2022
All this took patience: Amazon’s share price exceeded the dot-com high Oct 23, 2009, a decade later. A remarkable accomplishment in the most unforgiving capital markets environment the company had seen. Ten years after that, the company’s value had compounded 20x.
SaaStr
JULY 15, 2022
Even when the global economy literally melted down, and >froze< in 2009 — the buyers in SaaS still came. Some are much more impacted post-Covid, like Shopify and Zoom. But even there, the growth is real. Churn went way up, for sure. But buyers still came. More on the actual data here.
SaaStr
APRIL 2, 2020
Marc Benioff said one of his top mistakes was not hiring enough salespeople in 2009, during the peak of the last downturn. There are no easy answers, but we do know one thing: When things come back, you will need everyone great. At almost every company, if we’re honest, the “bottom” 10% doesn’t contribute that much if any value.
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