TechnologyCloud software unicorns boost Japan's digital economy
Billion-dollar valuations for startups reflect investor and customer appetite
Daisuke Sasaki struggled to find investors when he founded cloud-based accounting software company Freee in 2012. (Photo by Manami Yamada)
WATARU SUZUKI, Nikkei staff writer
January 7, 2021 13:08 JST
TOKYO -- When Daisuke Sasaki quit Google to start an accounting software company in 2012, he struggled to find investors who would back his idea: that small businesses would ditch traditional packaged software for a tool delivered through cloud computing, a business model now widely known as software-as-a-service, or SaaS.