Thread by @studios

State of the Cloud 2021

If you're interested in cloud-based businesses, the @BessemerVP report is a must-read.

Here are some takeaways.

Thread

Top 5 public cloud companies comprise of $1T+ of market cap
$ZM
$SHOP
$CRM
$ADBE
$PYPL

Cloud companies have not just reset in the New Normal but have thrived with a record-breaking market capitalization of more than $2 trillion, from just $1 trillion one year ago.

2020 had a massive IPO runaway and massive M&A activity.

IPOs:
$SNOW
$XM
$AI
$ASAN
$SUMO
$FROG
$API
$NCNO
$BIGC

M&A
$WORK
Gainsight
Veeam
Pipedrive
Vlocity
Workfront
Kustomer
Segment

MT SAAS has overtaken FAANG.

$MSFT, $TWLO, $CRM, $AMZN, $ADBE, $SHOP

>

$FB, $AAPL, $AMZN, $NFLX, $GOOG

More here bvp.com/atlas/mt-saas

Private cloud market analysis

As of January 2021, there were a total of 527 private unicorns, with a total cumulative value of more than $1.9 trillion dollars.

Ranking in as top companies in 2020 included names such as Procore, Toast, HashiCorp, Canva, UiPath, Databriks & more.

Demand has very much outpaced supply in the cloud economy, making investors more willing to outbid one another to partner with the best-in-class companies.

$SHOP and $TWLO as leading cloud companies with unprecedented growth endurancece

If you want to experience massive ARR growth, and outperforming many of the best in class cloud companies, learn from the best.

Here is your flywheel to success!

https://twitter.com/TheValuesVC/status/1369749696495771650

Bessemer's predictions on Cloud have always been phenomenally accurate.

This year even more: Office, SMB, Diversity, Data, Creator economy, Fintech & Crypto plus Verticalization.

The authors provide more details below

If you enjoyed this thread, hit the like and retweet.

@bdeeter
@mcadonofrio
@TheValuesVC
@HansaeCatlett
@NextBigTeng
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Follow the authors

bvp.com/atlas/state-of…
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Read the entire report


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Watch the presentation.

Thank you.