The Day in SaaS 07.02.21: Israeli SaaS on Fire; Zoom's First Investor; LegalZoom's 20 Year IPO
Israeli tech firms storm markets, with record number of IPOs in June. Israel is on fire in B2B and SaaS. Monday.com, IronSource, WalkMe, SentinelOne, and more raise $4.5B just in June alone.
Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies. Palantir invests in its customers. It invests in 6 SPACs in less than 3 months.
SentinelOne's first investor also wrote Zoom's first check without hearing a pitch. Here's what he looks for in founders. Dan Scheinman was the first investor in Zoom and SentinelOne. That’s pretty incredible. His story here.
LegalZoom stock pops nearly 40% intraday after IPO (NASDAQ:LZ). A 20 year journey to a $7B market cap. LegalZoom was one of the last high-profile companies founded in the Web 1.0 boom. It took years to pull off its IPO. But it never quit.
This Startup Just Raised $15 Million To Make Better Software For Psychiatrists. SaaS for back-offices remains a hot space.
Tim Berners-Lee Sells the World Wide Web for $5.4 Million. Finally, an NFT we can all understand. The founder of the Web sells … the code for the web. Sort of.
A $1.5 billion Series A? What’s behind those giant rounds. Mega rounds are often really just the output of years of hard work of bootstrapping. Don’t take the letters, e.g. “Series A”, too seriously.
NSA discloses hacking methods it says are used by Russia. Brute force attacks on Kubernetes are something so many tech leaders can be vulnerable to. The only reason you haven’t been hacked is no one smart cares enough.
First Turkish Firm to IPO on Nasdaq Hits $3.9 Billion Value. eCommerce explodes everywhere. Every niche eCommerce is worth $4B.
Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors. RobinHood makes decent money on stock trades. But the big money is in options -- and crypto. Risky crypto.
