Successful vs. Very Successful SaaS Companies; Plus Weekly SaaS News and Updates

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Hey SaaStr Community,

To be a Successful SaaS Company — which is very hard today, because there are 10,000+ SaaS start-ups everywhere in every category, you need: a committed CEO and co-founders, product-market fit, passion and belief in your market, your customers and your journey, and the patience to keep at it.

But to be a very successful SaaS company, well that's an entirely different list of requirements

> Successful vs. Very Successful SaaS Companies

Annual is back in the Bay Area!

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New This Week

Salesforce Grows a Stunning 23% at $24B in ARR. 5 Interesting Lessons.

Salesforce is the largest SaaS company, and soon, will be the largest software company of all. And as much, it’s really a bellwether of SaaS and Cloud. The latest learning from the bellwether? Things are on fire in SaaS and Cloud. Even more so after Covid.

Here are the five interesting learnings -->

This edition of the SaaStr weekly is sponsored in part by Kintone

5 Pros, and 5 Cons, to Taking a VC Round at a Very High Valuation

A lot of VC advice is a bit self-serving. There are risks with a too-high valuation — but also benefits. A high valuation has five core advantages for founders: less dilution, more money, potential to raise a long runway, secondary liquidity can get more attractive and it signals a winner.

High valuation also comes with significant potential downsides -->

10 Secrets to Putting on a Great Event

The SaaStr Annual actually started off by accident. Fast forward to today, and we’re planning the 7th SaaStr Annual for 10,000 attendees. It will be the largest non-vendor event in the world for business software, by far, and perhaps the one really Tier 1 B2B event this year.

Here are our top 10 secrets -->

This edition of the SaaStr weekly is sponsored in part by GuideCX

What Do Salesforce, HubSpot, Asana and Elastic All Have in Common? They’re All Accelerating

Many of the best in SaaS are accelerating even at a massive scale. Even at $1B ARR, or even at $24B ARR. It’s likely we’re more seeing accelerated spend to fuel the post-Covid economy as much as anything.

Why SaaS is even bigger than we expected -->

5 Interesting Learnings with ServiceNow, Palantir, and Snowflake

SaaStr CEO Jason Lemkin shares 5 interesting learnings from ServiceNow, Palantir, and Snowflake, and explores their secrets to success in the Enterprise.

Watch now -->

Hot Jobs

•	G2 is seeking a VP of Revenue Marketing to build and lead a team of performance marketers to drive demand and revenue opportunities, from acquisition to adoption and upsell.

•	Dooly is looking for a Senior Product Marketing Manager to work across their Product Management, Marketing, and Revenue teams to bring their product and features to market.