Once every few years I make a tweet upon the request of my brilliant colleagues. This is that tweet! We released a NEW edition of our lessons to reflect the changing nature of building vertical software giants. Please enjoy it! bessemervp.team/3yLXx2x
After months of research, @BessemerVP presents the State of the Cloud 2022. Learn what is going on in the cloud markets, global trends, & why becoming a Centaur ($100M ARR) is the new SaaS milestone for founders. #StateoftheCloudbessemervp.team/3MQhbjh
#ICYMI: Four ironclad laws of B2B SaaS pricing that can boost your revenue up to 32%. Plus:
— @TSM signs the biggest esports deal in history
— SPACs in space
— The 2014 @RocketLab memo, and more.
Read: bit.ly/3pByRoD
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Awesome day for vertical SaaS and congrats to @tooeyprocore@brianfeinstein and the entire @procoretech team! It looks like @CNBCTechCheck is going to need to update their chart with a new Top 5 Software IPO of ALL TIME! Well done!!
Congrats to the @procoretech team on their IPO!
Our Partner @BrianFeinstein sat down with Procore’s founder and CEO @TooeyProcore to reflect on how he took the business from a scrappy startup to an industry-defining construction platform.
bit.ly/3f0609C
In 2014, we partnered with @procoretech on their journey to revolutionize the construction industry. This week, we celebrate their IPO. A big congratulations to @tooeyprocore and the entire team! We're excited for the years ahead! bvp.com/atlas/procore-ipo
Congrats to the @procoretech team on their IPO!
Our Partner @BrianFeinstein sat down with Procore’s founder and CEO @TooeyProcore to reflect on how he took the business from a scrappy startup to an industry-defining construction platform.
bit.ly/3f0609C
In 2002, we founded @procoretech w/ a mission to connect everyone in construction on a global platform. Today we celebrate Procore’s IPO and the exciting future ahead. I am humbled and honored to serve the construction industry that builds the world around us. @NYSE#ProcoreIPO
"In the past decade, the total market cap of public vertical software companies has grown over 10x.” And with IPOs such as @procoretech that number is bound to grow in 2021.
Learn more about the vertical SaaS tsunami with @brianfeinstein.
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After investing in vertical software companies for more than a decade, @brianfeinstein imparts ten lessons on how vertical software founders can choose their markets wisely, maintain enduring growth, and build industry-defining companies. bvp.com/atlas/ten-lessons-fr…
"Over $20B was spent on mobile gaming purchases last quarter. As one of the leading developers of casual mobile games, @wildlifestudios has been able to ride these tailwinds to record levels of adoption," said @brianfeinstein. businessinsider.com/top-100-…
“Moving up Market and the Ascent of SMB SaaS" is my new blog post on how startups can leverage their customer focus and product-led growth to move up market. bvp.com/atlas/moving-upmarke…
I list 10 best practices:
Founded in 2002, @LinkedIn was popular, but up against some challenges. Could the networking site develop a business model and stave off competition from Facebook? @jeremyl bet they could and led a round in 2006. Read the memo that inspired us to invest. bvp.com/memos/linkedin
Early internet investors cut their teeth on FAANG, but today @bdeeter and @mcadonofrio introduce the world to MT SAAS, a new basket of stocks that captures the high performance of the technology industry in a cloud-first world. bvp.com/atlas/mt-saas