Srinivasa Rao Gurubelli’s Post

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You might have missed it. But this was a great week in SaaS.  A truly great week: - OneStream IPOs to a $5 Billion Valuation at 10x ARR, growing 34% at $500m ARR. No slowdown here. - Clio raises for legal tech at $3 Billion. Took 14 years to get to $100m ARR, but then doubles to $200m in last 2 years. No slowdown here. - Vanta raises at $2.5 Billion at $1X0m ARR as overall security SaaS remains very strong. No slowdown. - Google Cloud accelerates, crosses $40B run-rate, growing a stunning 29% and profitable. No slowdown. - Oh yeah, Wiz turns down a $23B M&A offer. Went from $0 to $500m ARR in 4 years. OMFG. Theme #1: None are AI smoke-and-mirrors Theme #2: This might be the week SaaS finally came back

Hey! Check out our honest recount of Liqvid's SaaS scaling challenges, from unexpected hurdles to valuable insights, all in one article. https://lnkd.in/gwqC3BMg

Don't go chasing waterfalls…unless you're chasing ARR and MRR waterfalls 😉 Earlier in February we chatted with Ben Murray, the SaaS CFO, about the right inputs to use when doing Revenue forecasts. There's no such thing as a silver bullet when it comes to forecasting, but it turns out forecasting is more accurate when you use a FinOps tool like Maxio to plug in investor-grade ARR or MRR inputs. Want to hear more? Check out the blog post from Ben in the comments 👇 

Exciting news for those following developments in the SaaS landscape! Our latest blog post delves into the recent announcement from Amazon regarding significant price increases for their basic tier of the Cognito authentication service, which has seen a dramatic tripling of costs. Explore the implications of this pricing change for businesses relying on Cognito, and discover strategies to navigate these changes in the evolving marketplace. Read the full analysis here: https://ift.tt/qr5t920.

Weekend projects are starting to confirm that we can hijack any SaaS interface. Implications are pretty dramatic. I think we need to start seeing the Semantic shape of the platforms we rely on, and picking winners and losers. I'll post some in depth aspects.

The ten year journey of moving barbers from cash to digital and a vertical SaaS platform intended to become the operating system for them. Songe LaRon takes me inside how the buzz around his vertical SaaS model for barbers has helped SQUIRE rake in funding at a $165M clip over the last decade, and why he knights Squire as "the only platform that’s built to support [the barber's] entire journey."    Watch the preview, then read the recap of our full convo on PYMNTS: https://lnkd.in/eAD39jvU

SQUIRE CEO Songe LaRon takes Karen Webster inside his new ‘operating system’ for neighborhood barbershops. 💈 Get the full story on PYMNTS: https://lnkd.in/ezjywk9a

Excited to be presenting at the SaaS Metrics Palooza event tomorrow! 🚀 Join me for a free, virtual conference where I'll be doing live Q&A during my presentation. Save the date for tomorrow at 6PM EST / 3PM PST. To learn more about the Benchmarkit event and register, click the link: https://lnkd.in/eGxt7Fih. Don't miss out on a lineup of great speakers and valuable free content! #finops #cloudcostmanagement #cloudfinancialmanagement #benchmarks CloudZero

Ellucian Insights crowned Best SaaS Product in October 2023! 🏆 Mike Wulff, @Ellucian's visionary CTO, shares his thoughts on the relentless pursuit of excellence. Read more about their journey at: https://lnkd.in/eD-JJV8y #HigherEdSaaS #EdTechinnovation