Tag: software as a service
Software companies give back ground after an impressive rebound
Software as a service companies, modern software firms often referred to by the acronym ‘SaaS,’ had a tough day in the public markets. The basket of companies, as tracked by Bessemer’s cloud index, dropped 4.49% during regular trading hours. The losses gave back some of the software industry’s recent gains,…
Read MoreThe good SaaS times will end and challenges are coming
Ed Byrne Contributor Ed Byrne is an entrepreneur, investor and co-founder of Scaleworks. More posts by this contributor Working backwards to uncover key success factors Netflix is still too cheap We’ve had a great decade-long run in SaaS — abundant capital, a thriving economy and a massive existing market shift…
Read MoreLerer Hippeau’s Ben Lerer shares his priorities for scouring seed deals
Enterprise software startups are changing how they infiltrate companies, and investors are taking note. Last week, I chatted with Lerer Hippeau‘s Ben Lerer after his firm had just led a seed round in Air, a digital asset management platform. I used the opportunity to pick his brain about what he’s…
Read MoreStocks fall despite Fed intervention, dragging tech shares down once again
On a day that saw the U.S. Federal Reserve try to flip the only switch it can to light up investor confidence, investors remained unconvinced of the short-term financial prospects of the U.S. and global economies. All three major indices saw red on Tuesday after a sharp Monday rally partially…
Read MoreVC firm Oxx says SaaS startups should avoid high-risk growth models
‘The companies that best meet their customers’ needs always end up winning’ Steve O’Hear @sohear / 8 hours Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies”…
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