Q3 earnings season for cloud businesses is now behind us. The 61 companies that I’ll discuss here (which is not an exhaustive list, but is still comprehensive) all reported quarterly earnings sometime between October 26 - December 9. New additions to the
I love your point about the quarterly lag for enterprise Saas buying cycles amidst Covid. Would take it a step further, and say that many companies have identified budget and need for digital transformation in 2021 coming out of this. Would expect 2021 to be a massive year as deals that started in 2020 come in, and companies spending Q1 laser focused on digital transformation start to purchase in the summer and fall
great Point of view Jamin. and very heartening to know i am vested in all three elite performers you pointed out Shopify, Zoom and CRWD. all three target the very basic needs and they get amplified with digitization. I would think- in terms of larger purpose - Shopify is above and beyond . thanks
This is awesome, Great work once again and looking forward for Q4 analysis! I am not sure why BIll.com and Coupa has such high multiple but not so fast revenue growth. Maybe the tailwind, TAM and other factors need to be considered? What is your thought?
I love your point about the quarterly lag for enterprise Saas buying cycles amidst Covid. Would take it a step further, and say that many companies have identified budget and need for digital transformation in 2021 coming out of this. Would expect 2021 to be a massive year as deals that started in 2020 come in, and companies spending Q1 laser focused on digital transformation start to purchase in the summer and fall
great Point of view Jamin. and very heartening to know i am vested in all three elite performers you pointed out Shopify, Zoom and CRWD. all three target the very basic needs and they get amplified with digitization. I would think- in terms of larger purpose - Shopify is above and beyond . thanks
This is one of the most informed and data-rich analysis I have read of late on Saas businesses. Keep it up.
This is fantastic analysis Jamin. Thank you for sharing it out. I really hope you can put 2U back on the list, any reasons you removed them?
Overall, great stuff.
Great article. I would love to see you add PEGA and SPT. Thanks!
the point on dissecting the quarters was very thoughtful
This is awesome, Great work once again and looking forward for Q4 analysis! I am not sure why BIll.com and Coupa has such high multiple but not so fast revenue growth. Maybe the tailwind, TAM and other factors need to be considered? What is your thought?
Excellent analysis! At what point do you like to see net retention growth outpace bookings growth?