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Is it Really ARR? In 2021+, Yes. As Long As NRR is > 100%

SaaStr

Well, if it were 2016, we’d say no. First, Snowflake rolls its large customers into fixed comittments (as does AWS and many others), and bills them in advance. Bill.com is one of my favorite sleeper SaaS companies. Half of its revenues comes from its software. But it isn’t. It just doesn’t all recur under a contact.

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Pitchbook & IVP: Top Tier SaaS Companies Usually Raise at 15x ARR. It Was 114x in 2021.

SaaStr

So the minor point is maybe we’re just back to 2016-2017 in SaaS venture capital for Series A and later rounds. Even If It’s Awful for Series A-E Rounds. For the best ones. But the bigger point is especially for new founders and execs to just look at the chart above. But not that much better on the multiple side.

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SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

Amazon AWS, Microsoft Azure and even Google Cloud are on fire, adding insane amounts of revenue this year. January 2016, SaaS stocks were riding high. It was called 2016: * Everyone panicked * Seemed like multiples would never recover * LinkedIn sold to Microsoft for 7x ARR. Customers are buying more than ever. And then ….

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What’s New at Google Cloud with CMO Alison Wagonfeld

SaaStr

Google Cloud Platform, on the other hand, is in a very different set that also competes with Microsoft, but AWS is considered their biggest competitor in the market. What they’re seeing with GenAI and Google Cloud is an opportunity to grab share from AWS. Right now, 70% of the GenAI startups are using Google Cloud.

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When did cloud computing start to become popular?

SaaStr

There were dips in 2016 and otherwise. That $200b+ of additional Cloud and SaaS spend fueled 50+ Cloud unicorns and massive growth in AWS, Azure, etc. But enterprise buying went on a tear. It’s still accelerating.

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Successes and Setbacks on the Road to $1B with Alessio Artuffo, President and COO at Docebo

SaaStr

Customers range from AWS skills-builder platforms with billions of users to Zoom using it for customers and employees. Between 2016 and 2023, you see the ACV (average contract value) going up and up. They’re also growing fast and are nicely profitable. Let’s dive into it. Instead, it was growth at all costs.

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Join FastSpring at SaaS North 2023!

FastSpring

Since 2016, SaaS North has been recognized as THE Canadian hub for rapidly-scaling SaaS founders and their teams. It is the largest in-person event in the country—2,000+ attendees, 800+ companies, and 100+ speakers—along with features such as Betakit Keynote Stage, AWS Pitchfest, Workspaces Tradeshow.