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Startup Digest

Enterprise

March 17, 2017

Hi everyone,

Since our relaunch, we've heard lots of great feedback. Thanks to all of you who reached out!

If you haven't had a chance to say hi or you're new to Startup Digest Enterprise, I'd love to hear from you! What are you interested in and what would be most helpful to cover in this newsletter?

Have a great weekend,
Shuo

PS - If this newsletter was forwarded to you, please feel free to sign up.

Enterprise Startup Digest is curated by:
Shuonan Chen

Shuonan Chen - Founding Partner at Agile Venture Capital

Contact Shuonan Chen at shuonan.chen@startupdigestmail.com

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Okta and Yext, Two Enterprise Startups, File for IPOs

Two software startups, Okta Inc. and Yext Inc., are trying to pick up where Snap Inc. left off, becoming the first tech companies to file for an initial public offering after the blockbuster IPO by the parent of Snapchat earlier this month.

Google Splitting Hangouts for Enterprise

Google is getting back into the team collaboration space to take on Slack, Microsoft Teams, Workplace by Facebook, and Cisco Spark with a new service called Hangouts Chat. Available in a private beta, it blends private rooms for conversations and integrations not only with G Suite, but also third-party services. Hangouts Chat is a free service that comes as part of your G Suite subscription and is intended to help Google better appeal up-market at the enterprise.

Why Trello Failed to Build a $1 Billion+ Business

The vision for Trello was to create a wide product that was so simple and useful, just about anyone could use it. It caught on like wildfire. It’s also why Trello ultimately had to sell to Atlassian for $425 million when it could have become the next $1 billion SaaS application. Trello was successful building this horizontal product, achieving rapid growth to tens of millions of users and an acquisition of hundreds of millions of dollars. However, the one thing Trello didn’t do a good job of was keeping track of it’s paying customers.

The SaaS Metrics that Lead to a $10M Series A

When you fundraise for a seed round, your investors want to see your vision and capability. However, in Series A fundraising they want to see proof. You still need to tell a compelling story, but you also need to have the numbers to back it up.

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