socalTECH
MARCH 1, 2010
The firm says that it's been seeing lots of customer and sales growth, and is hiring across the board to grow faster. Garcia said the company is looking for employees across sales, marketing, support, client services and development. The firm had only 18 employees in January of 2009. READ MORE>>.
Both Sides of the Table
MAY 24, 2021
It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. Imagine if, say, Autodesk had purchased it in 2009 for $100 million? This “overnight success” was first financed in 2004. Maker Studios?—?sold
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socalTECH
SEPTEMBER 16, 2020
According to YAPI, it will use the new funding to build out its account management, customer success, and R&D teams, plus bolster existing sales and marketing. YAPI is led by co-founder and CEO Dr. Gina Dorfman; the company was founded in 2009. Financial details of that investment were not announced. READ MORE>>.
Both Sides of the Table
JULY 21, 2014
Since 2009 we’ve been in an unequivocal bull market. The problem with shelfware is that if you have great sales people, you have raised tons of VC money from prominent investors, you have some marquee clients and you thus likely have some great press about you it can be hard to tell true success from that which is ephemeral.
Both Sides of the Table
JANUARY 14, 2014
All the data actually suggests with the growth of mobile, inbound sales calls will double from 30 billion to 60 billion in 3 years (source: Kelsey). In the US alone there are 30 billion inbound sales calls every year. source: Harris Interactive IM Shopping Poll (August 2009)). Calls are changing but not dying. I’ll wait.
Both Sides of the Table
MARCH 30, 2016
Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x forward sales with some as high as 12x sales. As I mentioned, at the start of the process median SaaS multiples were around 7.3x FOMO was NOMO. As in no more.
Both Sides of the Table
JUNE 25, 2015
We grew 100% in SaaS revenue year-over-year and 650% over the past three years. If that’s your end goal I couldn’t think of a better leader to take us to that conclusion and I think it could be in the next few years because SaaS companies capable of doing 9 figures of recurring revenue are few and far between.
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