youd

Apps, Enterprise, Venture

The Resurgence of Enterprise SaaS Investments in Unlikely Places

Thus, SaaS startups are not category-specific, instead sharing a business model approach more than any particular industry focus. Among myriad SaaS startups, those focused on selling to business clients — a group often called enterprise SaaS — are a magnet for venture capital. Since then, investment into enterprise SaaS startups has slowed. Enterprise SaaS startups raised $21.9 billion, $45.0 billion, $55.1 billion and $58.3 billion in 2017, 2018, 2019 and 2020, respectively. Perhaps a rate cut or two and a strong enterprise IPO are the tonic required to really reignite venture investment into enterprise SaaS.

Ava Patel
March 12, 2024

Uncategorized

The Expensive Investment: Automattic’s $50 Million Purchase of Texts.com

You may recall that Automattic bought all-in-one messaging app Texts.com for $50 million back in October. Well, we had questions, not just about the deal, but also the state of the written word online. So, we brought on Matt Mullenweg, the CEO of Automattic and co-founder of WordPress, along with Kishan Bagaria, the founder of Texts.com., to talk about the transaction and what it means. A few notes before you hit play: First, Automattic is more acquisitive than you’d expect. Alright, sit back, hit play, and have some fun with us!