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Shopify Says eCommerce is Back. But AWS Says Cloud Under More Scrutiny.

SaaStr

Pressure is definitely up, yet, unemployment remains at record lows and consumer spending remains strong. Second, AWS, Azure and Google Cloud all grew nicely, and are still growing like a weed — but the growth rate slowed. Cloud Giants Update: AWS (Amazon): $82B run rate growing 28% YoY (last Q grew 33%).

AWS 293
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How Generative AI Will Turn Traditional SaaS Models On Their Head with AWS VP of Generative Builders Adam Seligman

SaaStr

Within the next 12 months, Adam Seligman, VP of Generative Builders at AWS, believes there will be an inversion of SaaS. This accomplishes the pieces you need to do product definition in SaaS. What does that mean? That many of the standard assumptions and ways of doing SaaS will change a lot. What’s the data model?

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58% of You Say Sales Cycles Are Even Longer in 2024

SaaStr

And AI is obviously on fire, pulling up AWS, Google Cloud, Azure, etc. But classic B2B SaaS is definitely in many cases seeing tougher times. SaaS outside of classic “B2B’ is often holding up well. Klaviyo, Toast, etc. just had very strong quarters. More B2B2C there. Security remains on fire overall as well.

Azure 294
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10 technical strategies to avoid when scaling your startup (and 5 to embrace)

Intercom, Inc.

This post is an adaptation of a talk I recently gave at the Amazon Web Services (AWS) community day event in Dublin about the technical strategies I’ve experienced that don’t work and the ones that have helped us to grow and scale at Intercom. At Intercom, we’ve found success running Lambda as glue code between AWS services.

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

SaaStr

But like “Cloud” and “SaaS”, its definitely has evolved. First, Snowflake rolls its large customers into fixed comittments (as does AWS and many others), and bills them in advance. So many startups these days are claiming they have “ARR” from revenue that … doesn’t recur.

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A Look Back at Q1 '24 Public Cloud Software Earnings

Clouded Judgement

It’s worth pointing out that Azure is a bit above the long term trendline, while AWS is still below (but accelerating up). Most public companies don’t disclose ARR (and when they do, it’s often not the same definition of ARR as we use for private companies). Because of this we have to use an implied ARR metric.

Cloud 318
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Quality of Life: What Does It Mean For A Start-Up?

SaaStr

In many ways, your Quality of Life will simply be awful. Your quality of life will simply be awful if your co-founders aren’t as committed as you, and if they aren’t at least close to as good as you. Even if the definition of “great” will change at each stage, and over time. The pay is terrible.