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Profitable from Day One : How a Bootstrapped SaaS Found a Successful Exit
“My key priority was securing a buyer capable of both shaping a long-term strategic vision for DropFunnels and seamlessly transitioning ownership. The team at FE International had already identified the perfect buyer within their extensive network, ensuring a perfect match for the company’s future growth. ”
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Ted Mikulski
“When we partnered with FE, they got us in front of leading private equity firms and strategics and ran a smooth M&A process from start to finish. ”
Salesforce Trailblazer Fund, Google .app TLD, Twitter Security Glitch and Facebook SaaS Integrations: Newsletter May 4, 2018
Salesforce Ventures has this week announced their Trailblazer Fund, which has earmarked $100 million to invest in Canadian enterprise cloud startups. The first four startups to receive funding will be Tier1CRM, Traction Guest, Tulip, and OSF Commerce. In February, Salesforce committed $2 billion to expanding its Canadian business over the next five years, with EVP of Corporate Development John Somorjai citing Canada as an innovative region for the next generation of enterprise cloud startups. Salesforce is the number one CRM provider in Canada and employs over 1,300 workers locally.
DocuSign IPO, WeWork Sells Bonds, Amazon Prime Pricing, BigCommerce Funding Round: Newsletter April 27, 2018
DocuSign began trading on the Nasdaq today at $38 per share. Pricing in at $29 per share on Thursday evening, the stock rose more than 30% during its opening hours to reach a high of $40. The PPS set on Thursday brought the company’s valuation to $4.4 billion (over one-third higher than the $3 billion valuation received following its last private round in 2015) and led the digital signing software company to raise $629.3 million in its initial public offering. With over $500 million total raised since its founding in 2003, DocuSign’s IPO filings show Sigma Partners as the largest shareholder with a 12.9% stake in the company. The company reported that it sold 21.7 million shares on Thursday, a free float of c.14.3%.
Adecco Acquires General Assembly, Inbound.org Discontinued, Bezos Shareholder Letter: Newsletter April 20, 2018
Staffing firm Adecco Group announced this week that they are acquiring the digital retraining firm General Assembly. General Assembly has grown at a 30% compound annual growth rate, reaching revenue of $100 million in 2017. The New York-based startup was founded in 2011 and operates 20 global facilities where it teaches employees various skills ranging from web development, user experience design, digital marketing, data science and machine learning. Adecco stated that the acquisition will hit earnings in 2018 and would serve to establish them as a “leader in the fast-growing up/reskilling segment”. The deal is expected to close in the second quarter of 2018, after which General Assembly will continue to operate as its own division under founder and CEO Jake Schwartz.
Carbon Black to IPO, JP Morgan Lawsuit and Zuckerberg Testimony: Newsletter April 13, 2018
Data security B2B SaaS platform Carbon Black this week joined the slew of tech companies filing for IPO in 2018. The Massachusetts-based company uses big data and analytics to anticipate and prevent cyberattacks on businesses’ endpoint data. Carbon Black is not yet free-cash-flow positive, though ahead of its $100 million common stock IPO goal the business reported over 88% of 2017 revenue was recurring, with customer retention rate of 93%. Last year, the company earned $162 million in revenue (39% increase from 2016) and experienced net losses of $55.8 million (up 25% YoY). Despite decreasing percent-of-revenue losses, Carbon Black may still be challenged to demonstrate a growth rate fast enough to attract investors over other tech stocks. Morgan Stanley and JP Morgan are listed as underwriting the deal.
Stripe Releases Billing Software and Spotify IPOs: Newsletter April 6, 2018
Stripe this week unveiled Stripe Billing, a suite of tools to manage recurring billing for online businesses. This update to Stripe Subscriptions offers a new developer API and dashboard to manage and personalize recurring payments for all customers. Business teams can create billing models which account for the full spectrum of recurring revenue structures, from simple seat-licensing to multi-layered tiered metered plans. Stripe Billing also accounts for making changes to pricing strategy, and will allow teams to easily test and update different pricing structures. In addition to a new dashboard, Stripe invoicing will promotoe faster payments by automatically emailing customers an invoice, and seeks to combat logistical churn with automated card updates that communicate with financial partners when customers are issued new cards.
Cách định giá website hoặc doanh nghiệp trực tuyến trong năm 2020
Nếu bạn đang cố gắng hiểu cách định giá một website hay một doanh nghiệp trực tuyến, bạn đã đến đúng nơi. Xác định chính xác giá trị website đôi khi là việc khó khăn nhất trong quá trình mua hàng. Việc loại bỏ đi tài sản hữu hình (physical assets) đôi khi sẽ làm việc định giá trở nên phức tạp hơn. Tuy nhiên, nếu bạn hiểu đươc các ưu, nhược điểm của các phương pháp định giá, thu thập đúng dữ liệu về các giá trị truyền tải liên quan và áp dụng chúng chính xác, bạn sẽ gần như định giá được website đó một cách hoàn chỉnh.
20+ SaaS Leaders Share Their Secrets to Success
Working with hundreds of SaaS business owners since 2010 has furnished us with a front row seat to some of the most creative ways founders achieve success. Facilitating the sharing of ideas is a passion of ours, so this year we have invited some of the most inventive minds in the SaaS industry to contribute to our roundup of the best tips for growing a SaaS business.
Dropbox Closes 35% Up at End of First Trading Day: Newsletter March 30, 2018
Dropbox closed up c.35% at the end of its first day trading on the Nasdaq this past Friday. In the biggest tech IPO since Snap went public in 2017, Dropbox (DBX) listed its $756 million IPO with 31 million shares priced at $21 a share, surpassing the predicted range of $18 to $20. The stock opened at $29 a share and later closed at $28.48 a share. Dropbox’s initial market cap of $8 billion increased c.50% for a peak of $12 million midday Friday, following reported 2017 revenues of $1 billion across 500 million registered users.
