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From $1M to $3B ARR: Databricks CRO Ron Gabrisko on Scaling a Revenue Rocket Ship

SaaStr

These early conversations helped shape Databricks product, pricing, and go-to-market strategy. Pricing: Keep It Simple (At First) Databricks started with a simple, consumption-based pricing model. Because thats how their customerswho were used to AWS, Azure, and GCP pricingexpected to buy. Talk to users. Ron recalls.

Scale 169
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A Look Back at Q1 '24 Public Cloud Software Earnings

Clouded Judgement

GCP data is a bit more noisy as they don’t disclose GCP itself, but rather Google Cloud which includes GSuite. Change in Share Price At the end of the day what investors care about is what happened to the stock after earnings were reported. In these situations the stock’s earnings reaction could be flat.

Cloud 318
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The Critical Question Facing Web3 Infrastructure Startups

Tom Tunguz

Paying five decentralized providers in five different tokens means managing several wallets and monitoring token prices to hedge expenses. Perhaps this dynamic drives consolidation in the market, paralleling the web2 infrastructure hypermarts of AWS, GCP, and Azure. It’s too much complexity for a simple static blog.

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The Health of Cloud Spending in Mid-2022

Tom Tunguz

Google’s growth rate fell to 35%, a 29% decline from the trailing 4 quarter average of 49% annual revenue growth. GCP’s data point is less rosy. Here are some hypotheses: Google may have greater customer concentration in GCP than Azure. Why do these results diverge?

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Clouded Judgement 10.11.24 - Budget Flush

Clouded Judgement

For software companies, this phenomenon can be a tailwind, as it drives accelerated deal closures and increased sales velocity, sometimes with less price sensitivity from buyers looking to quickly deplete their budgets. As a result, software vendors often see an uptick in revenue and bookings during these periods. Cloudflare is up 17%.

Cloud 167
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Signs We've Touched the Bottom

Tom Tunguz

Both Google & Microsoft announced growth rates in GCP & Azure that held steady from one quarter to the next. With about 365m Office users & a price point of $29 per user per month, a 10% cross-sell into the customer base would add $12.7b Amazon, Cloudflare, & Mongo announce soon. The desire for AI is broad.

Azure 238
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Clouded Judgement 9.27.24 - The Foundation of Foundation Models

Clouded Judgement

Microsoft launched Azure in 2010, and Google launched GCP to the public in 2011 (they launched a preview of Google App Engine in 2008, but made it publicly available in 2011). On top of that- we HAVE seen significant pricing pressure. S3 has dropped nearly 97% in price, while EC2 has fallen nearly 90%!

Cloud 176