Legacy Vendors

topic on 2 shows · 3 statements across 3 episodes

the Official SaaStr Podcast 20VC

3 statements about Legacy Vendors, every show

20VC Prediction Not checkable as stated
Cloud macro battle will result in fatalities among legacy tech vendors
“And so there's this macro battle of risk going on with the legacy vendors, and there will be some fatalities there, but it's enabling the infrastructure service layer that now the pure place can continue to benefit from.”
Byron Deeter Jul 8, 2019 ▶ 8:26 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
SAASTR Assertion Supported
Deeter: Cloud acquisitions exceeded $90B in 2018 as legacy vendors bought in
“If we think back on 2018 alone, over ninety billion dollars of acquisition activity as the legacy vendors tried to buy their way into this space to catch up with the wave that, ah, the innovators have been leading.”
Byron Deeter May 20, 2019 ▶ 6:40 State of the Cloud 2019 from Bessemer Venture Partners
SAASTR Insight
Svane: B2B startups can disrupt legacy vendors via consumer-oriented CIOs
“Everybody here who has a B to B startup, it's, there's a huge opportunity right now because a lot of the established vendors are lacking tremendously behind. You have a whole new generation of much more consumer-friendly, consumer-oriented CIOs and executives …”
Mikkel Svane Aug 23, 2017 ▶ 28:10 Zendesk From Day 0 to Today: The Lessons Learned

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