While traditional sectors such as leisure, travel, and hospitality were dealt massive blows by the coronavirus pandemic, one sector that thrived was software as a service, or SaaS.
Yaoxian Chew: Investor Relations. Joining me are Spenser Skates, CEO and Co-Founder of Amplitude; and Hoang Vuong, the company's Chief Financial Officer.
According to a report published by Wall Street Journal, in 2020, companies raised over $167 billion through 454 initial public offerings, with $67.3 billion raised in the fourth quarter.