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SaaStr Podcast 436: The State of the Cloud 2021 with Bessemer Venture Partners

SaaStr

The Cloud is expanding and moving forward at a phenomenal rate, so we invited the team at Bessemer Venture Partners back to SaaStr to unveil their latest findings in the 2021 State of the Cloud. Is Cloud growth sustainable for the long term? Is Cloud growth sustainable for the long term? Hello Unicorns . trillion.

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TOMORROW! Learn from the VPEs of Box, Datadog, Coda, Gusto, Atlassian and More!!

SaaStr

Tomorrow they have an incredible and FREE event with truly some of the best engineering leaders in Cloud. They have sessions and roundtables with the VPEs and CTOs of Atlassian, Datadog, Gusto, Box, Coda, Safegraph, Headspace, Flatiron, Lyft, Superhuman, Netflix, PayPal and so much more! T he line-up and topics are simply incredible.

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The SaaS $100 Billion Club. It’s Getting Bigger.

SaaStr

Can the market really support 300+ SaaS and Cloud Unicorns ? There are now already 6 SaaS/Cloud leaders worth over $100 Billion dollars. And more are coming: Putting aside oldies like Adobe and PayPal, now Atlassian , Snowflake , Shopify , Square , ServiceNow and Salesforce (maybe an oldie) all are worth over $100 Billion.

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Snowflake, CrowdStike and SumoLogic: “How to Leverage the Cloud Giants to Scale to 100 Million ARR and Beyond”

SaaStr

Jessica Alexander, Senior Director Cloud Technology & OEM Partnerships, Crowdstrike. So for the audience, cloud giants are turbocharging startup sales, and the predominant reason for this is because they’re fundamentally changing IT budgets at the customers that we’re all selling to. Rico Mallozzi, Sr.

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Maybe 80% of Public SaaS Companies Are in the SF Bay Area

SaaStr

In 2019, you clearly can build a successful SaaS and Cloud company outside the Bay Area. I took a quick weighted look at the BVP Cloud Index, and added in a few recent IPOs — Slack, Zoom, etc. Weighted by market cap, 80% of public Cloud and SaaS companies are still in the SF Bay Area: There are many ways to slice this data.

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Thanks to Chargebee, Deel, Lark, and Vanta for Sponsoring SaaStr APAC 2023!

SaaStr

Chargebee integrates with the leading payment gateways like Stripe, Braintree, PayPal etc. Our mission at Vanta is to be a layer of trust on top of cloud services, to secure the internet, increase trust in software companies, and keep consumer data safe. It is available now on macOS, Windows, iOS and Android.

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Thanks to Calendly, Drift, Reprise, Secureframe, and Shift Paradigm for Sponsoring SaaStr Annual 2022!

SaaStr

Calendly works with Google, Office 365 and Outlook calendars and apps like Salesforce, Stripe, PayPal, Google Analytics, GoToMeeting and Zapier for a seamless user experience. Drift® , the Conversation Cloud company, helps businesses connect with people at the right time, in the right place with the right conversation.