The State of the Cloud 2021 To be Presented at SaaStr Build | March 9-10 | SaaStr

Name: The State of the Cloud 2021 To be Presented at SaaStr Build | March 9-10 | SaaStr
Uploaded: 2021-02-23T04:29:38+00:00
Duration: 57 s
Channel: Jason M. Lemkin
Description: Bessemer Venture Partners backed four of last year's seven cloud IPOs. The firm shares its roadmapping process, which maintains 20-30 active forecasts…

23 Feb 2021 · 1 min

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Bessemer Venture Partners backed four of last year's seven cloud IPOs. The firm shares its roadmapping process, which maintains 20-30 active forecasts, and releases its annual State of the Cloud report with a playbook for building successful cloud businesses.

Last year there were 7 cloud IPOs in total. Bessemer was an investor in 4 of them.
Our secret sauce is our road mapping process. The firm will have 20 to 30 active road maps.
Part of our predictions that used to be internal road maps, we now expose to the world.
We're thrilled to be unveiling our annual State of the Cloud report. We're going to try to talk about where we've been, where we're at, and then where we think we're headed. You essentially now have a playbook to how to go out and build your great cloud business. You now have a peer group and a support group, not just through online communities like SaaStr, but through a peer CEO set that is absolutely world-class. You're not alone. You don't need to figure this all out for the first time as people did 20 years ago.
The two things that I love the most outside of just the general value prop, one, it's The story in the product is personal to the founder.
Just understanding where you differentiate and how you're going to win, being able to clearly articulate that is really key. We can't wait to see what you're going to build.
Keep kicking ass. Thank you.