E1147: “Godfather of SaaS” Jason Lemkin on 2020’s cloud software boom, public CEO mindsets, how Zoom conquered the competition & more | Rising Stars of SaaS 8

about this episode

Check out SaaStr: https://www.saastr.com

FOLLOW Jason Lemkin: https://twitter.com/jasonlk
FOLLOW Jason Calacanis: https://linktr.ee/calacanis

Listen here:
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

Show notes:
0:00 Start
1:18 Jason intros the “Godfather of SaaS” Jason Lemkin, who describes the cancellation of SaaStr 2020, what virtual events lack
8:10 Evaluating Hopin’s $1B+ valuation, importance of being the premiere brand in a market
11:29 Pipe – Start trading on Pipe free for 12 months at https://pipe.com/twist
13:03 Reflecting on the days leading up to nation wide shelter-in-place, when the next in-person SaaStr event will be
19:26 Salesforce acquires Slack for $27.7B at ~30X revenue, was this a bargain?
22:28 Odoo – Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist
23:56 Why did Slack’s stock stay relatively flat while companies like Zoom skyrocketed?
28:17 Should Zoom have bought Slack? Changing mindset from builder-private CEO to acquirer-public CEO, will this acquisition fuel Slack’s growth?
34:45 Jason Lemkin on the Coinbase letter & meritocracy
37:24 LinkedIn Sales Navigator – Get a 60-day free trial at https://linkedin.com/saas
38:57 How Eric Yuan & Zoom conquered the competition?
43:22 Is “work from home” here to stay long-term? What parts of startup / vc culture will go back to in-person, thoughts on the current fundraising landscape
55:37 Was Sequoia’s Zoom investment at a $1B valuation the best SaaS investment ever? How VC firms win competitive late-stage deals
59:33 Thoughts on founders taking $ off the table with secondary shares, why hiring great executives is critical for longevity

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