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HubSpot Co-Founder and Chairman Brian Halligan on SaaS Markets, Board Meetings, and AI’s Impact

SaaStr

.” The SaaS Market Has Turned a Corner According to Brian, who sees the market through multiple lenses as HubSpot’s Chairman and through his role at Sequoia Growth and Propeller VC, the SaaS downturn that dominated 2022-2023 ended recently. “It felt like we came out of the recession in Q3 of 2024,” Brian noted.

AI 290
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State of the Cloud 2022: The Centaur Report With Bessemer Venture Partners (Pod 593 + Video)

SaaStr

Cloud 100 multiples have fallen in 2022 –– ARR multiples rose nearly fourfold from 9x in 2016 to 34x in 2021 and down to 30x in 2022. Fundamentally, the recurring revenue nature of the model, our ability to efficiently go and build software and have it delivered to customers, and create value is still an extraordinary business model.”.

Cloud 309
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5 Interesting Learnings from Atlassian at $3+ Billion in ARR

SaaStr

This is the secret sauce to Atlassian’s business model. — Jason 2022 SaaStr Annual Sep 13-15 Lemkin (@jasonlk) August 9, 2022. #5. And come join Atlassian’s CRO LIVE at 2022 SaaStr Annual on Sep 13-15 sharing how they scale their unique business model! The Power of High NRR.

Scale 289
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5 Interesting Learnings from Figma at $300,000,000+ in ARR

SaaStr

— Jason Be Kind Lemkin (@jasonlk) October 10, 2022. Ended 2021 at $200m ARR, on plan to hit $400m ARR in fiscal 2022. This is a good business model! Revenue per employee is the ultimate summary of how efficient a business model is. 5 Interesting Learnings: #1. Figma is doubling (!) at $300m+ ARR.

Cloud 61
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How Layoffs in Startupland Differ Between B2B & B2C Companies

Tom Tunguz

In the last three years, B2C startups’ ratio of layoffs have dwarfed B2B layoffs. In 2020, B2C companies cut 8.8x the number of B2B employees. in 2021, & 6.9x Year-to-date in 2023, the figure is 1.6x, just 60% more. Reduction magnitudes don’t differ by buyer type.

B2C 321
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Top SaaStr Content for the Week: Chestnut, Lemkin, HubSpot, Point Nine and lots more!

SaaStr

SaaStr 596: Scaling Revenue in 2022: What’s the Same and What’s Different? Why The Business Model of Venture Capital is Really, Really Hard. SaaStr 597: VC State of the Market with SaaStr CEO Jason Lemkin and Cowboy Ventures Founder & Managing Partner Aileen Lee. ? ? ?. appeared first on SaaStr.

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Ode to the $100,000,000 Exit

SaaStr

Underrated: How great of a business model SaaS is. — Jason Be Kind Lemkin  (@jasonlk) February 20, 2023 So in the Boom Times of late 2020 though early 2022, all we talked about was Unicorns. You can literally do almost nothing but make your customers happy and usually you will still grow.