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SaaS Subcriptions Are Great – TranSaaSional Pricing Is Better

InfoChachkie

Software as a service (SaaS) is a popular business model because it facilitates the delivery of incremental value to customers, while allowing the vendor to adjust their prices over time. However, such price increases generally occur after new utility has been provided to the customers. A hybrid of the SaaS model is emerging.

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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

Rowe Price, Dragoneer Investment Group, and ICONIQ Growth. ServiceTitan’s backers are a veritable who’s who of the venture industry, with longtime white shoe investors like Battery Ventures, Bessemer Venture Partners and Index Ventures joining the later stage investment funds like T.

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ServiceNow IPO Pricing Expected Thursday

socalTECH

San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00 and $17.00 READ MORE>>.

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A Great Discussion with @skupor @davemcclure @msuster on Changes in the VC Industry

Both Sides of the Table

We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. I wrote my version here and Scott wrote an excellent write-up of his views here. Each of the two videos is about 10 minutes long.

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ServiceNow Sets IPO Pricing Range

socalTECH

San Diego-based ServiceNow has set the pricing range for its IPO, saying today that it anticipates an initial public offering price for the firm at between $15.00 and $17.00 ServiceNow, which is aiming to trade on the New York Stock Exchange AS NOW, provides software-as-a-service used for enterprise IT management.

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ServiceNow Prices IPO, To Hit Market Friday

socalTECH

San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 per share, above its estimated initial offering range of $15.00 The firm is set to trade as NOW on the New York Stock Exchange on Friday. ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners.

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SOA Software Debuts New Product

socalTECH

Pricing on the new product was not announced. software management middleware saas enterprise datacenter' The company said its new API essentially replaces vendor-specific APIs and abstracts away the vendor-specific functions, helping companies avoid vendor lock-in. READ MORE>>.

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