{"id":412,"date":"2020-03-20T18:58:55","date_gmt":"2020-03-20T13:28:55","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\/"},"modified":"2020-04-13T21:49:31","modified_gmt":"2020-04-13T16:19:31","slug":"saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more","status":"publish","type":"post","link":"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more","title":{"rendered":"SaaS weekly roundup #11: Microsoft Teams reach 44million DAUs, Slack&#8217;s revamped interface, and more"},"content":{"rendered":"<p>As more and more people are <a href=\"https:\/\/www.saasworthy.com\/blog\/remote-work-statistics\" target=\"_blank\" rel=\"noopener noreferrer\">working from home<\/a>, we&#8217;re sure that you&#8217;re looking for ways to feel more productive. Well, we&#8217;ve got you covered as this week&#8217;s newsletter brings forth a ton of interesting content, including some must-listen podcasts and must-watch videos. So without any further ado, let&#8217;s begin.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\/#News_of_the_week\" title=\"News of the week\">News of the week<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\/#Investment_quotient\" title=\"Investment quotient\">Investment quotient<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\/#Must-reads\" title=\"Must-reads\">Must-reads<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\/#Listen_to\" title=\"Listen to\">Listen to<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\/#Watch\" title=\"Watch\">Watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"news-of-the-week\"><span class=\"ez-toc-section\" id=\"News_of_the_week\"><\/span>News of the week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.techrepublic.com\/article\/cloud-and-saas-providers-prepare-for-increased-demand-as-millions-telecommute-due-to-covid-19-fears\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Cloud and SaaS providers prepare for increased demand as millions telecommute due to COVID-19 fears<\/strong><\/a><\/p>\n<p>Many are suggesting that the COVID-19 will be a breakout moment for SaaS products, more specifically cloud companies and those services that enable remote work. In fact, Microsoft Teams did go down earlier this week, but the Redmond giant is ending the week on a good note as it celebrates its third-year anniversary and <a href=\"https:\/\/www.microsoft.com\/en-us\/microsoft-365\/blog\/2020\/03\/19\/microsoft-teams-3-everything-you-need-connect-teammates-be-more-productive\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">boasting 44million DAUs<\/a>. Microsoft has also announced several new features such as real-time noise suppression and raise hand feature (to highlight to others that one wants to say something) during video calls.<\/p>\n<p>Microsoft Teams rival <a href=\"https:\/\/www.saasworthy.com\/product\/slack\" target=\"_blank\" rel=\"noopener noreferrer\">Slack<\/a> also <a href=\"https:\/\/slackhq.com\/simpler-more-organized-slack)\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">announced<\/a> its revamped interface and a slew of capabilities, that will be rolled out to users in the coming days. The company also revealed that it has added 7,<a href=\"https:\/\/techcrunch.com\/2020\/03\/19\/slack-adds-7k-customers-in-7-weeks-amid-remote-work-boom-besting-its-preceding-2-quarters-results\/)\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">000 new businesses as customers<\/a> in the past few weeks.<\/p>\n<p>However, not all is rosy, as this <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/coronavirus-impact-saas-firms-may-see-10-drop-in-revenue-delay-in-new-deals-5050161.html)\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">article<\/a> suggests that the situation would also lead to revenue loss for SaaS companies. As per the piece, Indian companies in this vertical can see a loss of as much as 10 percent.<\/p>\n<p><a href=\"https:\/\/entrackr.com\/2020\/03\/zoho-revenue-surpasses-rs-3300-cr-in-fy19-posts-rs-516-cr-in-profit\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Zoho revenue surpasses Rs 3,300 Cr in FY19, posts Rs 516 Cr in profit<\/strong><\/a><\/p>\n<p>Speaking of India, one of the pioneers in this industry, <a href=\"https:\/\/www.saasworthy.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Zoho<\/a> has reported 37.1 percent growth in its operating revenue in the last financial year. It&#8217;s significant because the company hasn&#8217;t raised an external capital since its inception in 1996.<\/p>\n<p><a href=\"https:\/\/www.theverge.com\/2020\/3\/17\/21183701\/google-cloud-next-delay-indefinitely-coronavirus-digital-event-postponed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Google indefinitely delays the digital version of its Cloud Next conference<\/strong><\/a><\/p>\n<p>Due to Coronavirus, the search titan had canceled the Cloud Next conference which was scheduled for April. But now, the company has also indefinitely postponed the virtual event due to the COVID-19 concerns.<\/p>\n<h2 id=\"investment-quotient\"><span class=\"ez-toc-section\" id=\"Investment_quotient\"><\/span>Investment quotient<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/techcrunch.com\/2020\/03\/16\/hashicorp-soars-above-5b-valuation-in-new-175m-venture-round\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>HashiCorp soars above $5B valuation in new $175M venture round<\/strong><\/a><\/p>\n<p>Cloud companies are continuing to reach newer valuations, and the latest company to enter such a club is HashiCorp. The company offers a suite of products to help the people in the company to work in the cloud. With its Series E investment, the company has crossed the $5billion valuation mark.<\/p>\n<p><strong><a href=\"https:\/\/tech.economictimes.indiatimes.com\/news\/startups\/corestack-raises-8-5-million-in-series-a-funding-round\/74694819\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">CoreStack raises $8.5 million in series A funding round<\/a><\/strong><\/p>\n<p>Another cloud company that raised funding this week is <a href=\"https:\/\/www.saasworthy.com\/product\/corestack-io\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">CoreStack<\/a>, which focuses on cloud governance. Led by Naya Ventures, the Seattle-based startup received $8.5million for Series A funding.<\/p>\n<p><strong><a href=\"https:\/\/www.vccircle.com\/ideaspring-capital-invests-in-cloud-data-protection-startup-nimesa\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Ideaspring Capital invests in cloud data protection startup Nimesa<\/a><\/strong><\/p>\n<p>Marking the hattrick for cloud enterprises, Nimesa has raised a little over $800k. The company offers cloud-native data protection and copy data management.<\/p>\n<div class=\"embeddedContent oembed-provider- oembed-provider-twitter\" data-align=\"none\" data-oembed=\"https:\/\/twitter.com\/jasonlk\/status\/1240418781584715776\" data-oembed_provider=\"twitter\" data-resizetype=\"noresize\">\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Why brands matter in SaaS:<\/p>\n<p>Most of us don&#8217;t have time for discovery<\/p>\n<p>We just use what everyone else we trust uses<\/p>\n<p>So &#8230; right now is a good time to invest in your brand<\/p>\n<p>Even if sales is a little tougher<\/p>\n<p>\u2014 Jason \u2728InItTogether\u2728 Lemkin (@jasonlk) <a href=\"https:\/\/twitter.com\/jasonlk\/status\/1240418781584715776?ref_src=twsrc\\%5Etfw\">March 18, 2020<\/a><\/p><\/blockquote>\n<p><script async=\"\" charset=\"utf-8\" src=\"https:\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<\/div>\n<h2 id=\"must-reads\"><span class=\"ez-toc-section\" id=\"Must-reads\"><\/span>Must-reads<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/techcrunch.com\/2020\/03\/13\/the-good-saas-times-will-end-and-challenges-are-coming\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">The good SaaS times will end and challenges are coming<\/a><\/p>\n<p><a href=\"https:\/\/buffer.com\/resources\/social-media-management-in-times-of-crisis\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Social media management in times of crisis<\/a><\/p>\n<p><a href=\"https:\/\/www.protocol.com\/zoom-videoconferencing-history-profit\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Zoom conquered video chat \u2014 now it has even bigger plans<\/a><\/p>\n<p><a href=\"https:\/\/openviewpartners.com\/blog\/pricing-in-a-time-of-uncertainty\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Pricing in a time of uncertainty<\/a><\/p>\n<h2 id=\"listen-to\"><span class=\"ez-toc-section\" id=\"Listen_to\"><\/span>Listen to<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/saastr.libsyn.com\/saastr-317-how-to-encourage-grow-and-track-word-of-mouth-marketing-how-the-rise-of-product-led-growth-changes-the-structure-of-sales-and-marketing-the-biggest-takeaways-on-paid-vs-organic-marketing-from-seeing-the-hyper-growth-slack-with-rachel-hepworth-v\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>How to encourage, grow and track word of mouth marketing, the biggest takeaways on paid vs organic marketing from seeing the hyper-growth of Slack, and more<\/strong><\/a><\/p>\n<p>In this podcast, Rachel Hepworth, VP of Marketing, <a href=\"https:\/\/www.saasworthy.com\/product\/pilot\" target=\"_blank\" rel=\"noopener noreferrer\">Pilot<\/a>, shares her learnings from her previous companies: Climate Corporation, LinkedIn and Slack. She explains why finding a product-market fit is important for marketers too, and what is product-led growth and why she thinks organic marketing is better than paid marketing among other things. She also gives insights on how companies can increase word-of-mouth marketing even if their product doesn&#8217;t necessarily offer features that people will feel the need to tell others.<\/p>\n<p><a href=\"https:\/\/saasclub.io\/podcast\/from-slack-plugin-to-b2b-saas-startup-with-darren-chait-hugo\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Turning a Simple Slack Plugin into a Growing B2B SaaS Startup \u2013 with Darren Chait<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/hugo\" target=\"_blank\" rel=\"noopener noreferrer\">Hugo&#8217;s<\/a> Darren Chait talks about how he got started with the idea of improving meetings, and even reached a few thousand users. But then Hugo wasn&#8217;t able to monetize it, and it later dawned upon the team that there was a gap in the market for doing meeting notes in a proper manner so that everyone involved is informed. He also discusses how Hugo integrates with various services to ensure that people can take required actions after meetings.<\/p>\n<p><a href=\"https:\/\/www.advanceb2b.com\/thegrowthhub\/podcast-kevan-lee-buffer\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Running a high-performance remote SaaS marketing team with Kevan Lee, VP Marketing at Buffer<\/strong><\/a><\/p>\n<p>As many companies are moving to remote work for the first time, it may not be easy. So this podcast with <a href=\"https:\/\/www.saasworthy.com\/product\/buffer\" target=\"_blank\" rel=\"noopener noreferrer\">Buffer&#8217;s<\/a> Kevan Lee &#8211; a company that has been remote since its inception &#8211; is a good starting point. He shares how the social media management company communicates with the team, the tools they use and more.<\/p>\n<p><strong>Related read:<\/strong> <a href=\"https:\/\/openviewpartners.com\/blog\/company-aligned-remote-work\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">How to keep your company aligned while your whole team works remotely<\/a><\/p>\n<h2 id=\"watch\"><span class=\"ez-toc-section\" id=\"Watch\"><\/span>Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Redpoint Founders Series: Ian Tien, Mattermost\u00a0<\/strong><\/p>\n<p><iframe src=\"https:\/\/player.vimeo.com\/video\/398351964\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>While we talk about Slack and Microsoft Teams as the most popular communication app, there&#8217;s also an open-source alternative called Mattermost. In this video, Redpoint&#8217;s\u00a0 Tomasz Tunguz chats with Ian Tien, Mattermost&#8217;s CEO and co-founder to talk about how the company started (and pivoted from a gaming company), the open-source ethos, and the future among other things.<\/p>\n<p><strong>SaaS sales strategies (3 ways to shorten your sales cycle for your SaaS business)<\/strong><\/p>\n<div class=\"embeddedContent oembed-provider- oembed-provider-youtube\" style=\"text-align: center;\" data-align=\"center\" data-oembed=\"https:\/\/www.youtube.com\/watch?v=7sPOYBNDjaI\" data-oembed_provider=\"youtube\" data-resizetype=\"noresize\"><iframe src=\"\/\/www.youtube.com\/embed\/7sPOYBNDjaI?wmode=transparent&amp;jqoemcache=ErR1e\" width=\"425\" height=\"349\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p>&#8220;Why you, why us and why now&#8221; &#8211; that&#8217;s the simple mantra that any SaaS company needs to follow for sales, as per this video. TK Kader, who formerly was associated with ToutApp and <a href=\"https:\/\/www.saasworthy.com\/product\/marketo\" target=\"_blank\" rel=\"noopener noreferrer\">Marketo<\/a> shares how following these three things, the sales cycle could be shortened.<\/p>\n<p><strong>Lessons from the field: five proven strategies for faster SaaS growth<\/strong><\/p>\n<div class=\"embeddedContent oembed-provider- oembed-provider-youtube\" style=\"text-align: center;\" data-align=\"center\" data-oembed=\"https:\/\/www.youtube.com\/watch?v=KUO5481rw3Q\" data-oembed_provider=\"youtube\" data-resizetype=\"noresize\"><iframe src=\"\/\/www.youtube.com\/embed\/KUO5481rw3Q?wmode=transparent&amp;jqoemcache=cIwU8\" width=\"425\" height=\"349\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p>Rob Wailing, the former CEO of <a href=\"https:\/\/www.saasworthy.com\/product\/drip\" target=\"_blank\" rel=\"noopener noreferrer\">Drip<\/a>, and currently an angel investor at TinySeed, shares some proven strategies that SaaS companies can follow to grow faster. To share these learnings, he not only tell from his own experience, but also from the companies TinySeed has invested in.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s everything that you need to know about the happening in the world of SaaS in the past week<\/p>\n","protected":false},"author":3,"featured_media":631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[186],"class_list":{"0":"post-412","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saas-weekly-roundup","8":"tag-saas-weekly-roundup"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SaaS weekly roundup #11: Microsoft Teams reach 44million DAUs, Slack&#039;s revamped interface, and more - SaaSworthy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SaaS weekly roundup #11: Microsoft Teams reach 44million DAUs, Slack&#039;s revamped interface, and more - SaaSworthy Blog\" \/>\n<meta property=\"og:description\" content=\"Here&#039;s everything that you need to know about the happening in the world of SaaS in the past week\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.saasworthy.com\/blog\/saas-weekly-roundup-11-microsoft-teams-reach-44million-daus-slacks-revamped-interface-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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