A $30B Software Company from a $15m Investment
Tom Tunguz
DECEMBER 26, 2022
From 2003 to 2014, Constellation’s revenues compounded from $80m to more than $5b, an average of 25% annually. A former venture capitalist, Mark Leonard started Constellation in 1995 with $15m of outside investment & a goal of buying vertical software companies with a moat & good unit economics.
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