article thumbnail

The 250,000 Customer Club: How HubSpot and Monday.com Both Created SMB+ Empires

SaaStr

Convergent evolution from 2 very different start-ups that now have many similarities at scale. The companies that succeed at this scale will be those that maintain their customer-centric innovation while building operational excellence to support their massive customer bases. in cash with a 19% free cash flow margin.

SMB 280
article thumbnail

Figma: “We’d Been Talking to Adobe Since 2012”

SaaStr

A decade: Adobe first reaches out after launch in 2012. A related post here : The post Figma: “We’d Been Talking to Adobe Since 2012” appeared first on SaaStr. How you really need a lot of both CEO and President/SVP level support to get a big “Bet The Farm” deal like this done, and more.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Power Laws: A Look Back To Where 20 SaaS Break-Out Companies from 2012 Are Today

SaaStr

The second SaaStr post ever, way back in late 2012, was “ Everybody Lies: SaaS Revenues in the Inc. But to me the takeaways are: If you have something good at $10m ARR, you can scale forever, at least potentially. Several of the slower-growing ones did well, too — as long as they hit scale ($20m-$40m+ ARR). _.

SaaS 291
article thumbnail

Approaching Half a Million Customers: How to Win in SMB with BILL CEO and Founder René Lacerte

SaaStr

So at BILL’s scale, you have to put programs into place across the company to connect employees to customers, to help you focus on all the different stakeholders vs just the contract signer. That was probably 2012. SMB Unit Economics: Why Is 6 Quarters the Right Target for SMBs at Scale? BILL network has 7.1M

SMB 313
article thumbnail

From PLG to PLG+SLG – How Lucid Scaled to 70M+ Users

SaaStr

It wasn’t long before they landed their first Enterprise customer in 2012. It required Lucid to change its product, process, and overall user and administration systems to be able to scale with the customer. Your first hire wears many hats, but as you scale, you start building out more specific roles.

Scale 312
article thumbnail

How to Scale a SaaS business: 5 Growth Tips with Jason Lemkin + Algolia

SaaStr

Check out the session here: Algolia also summarized their Top 5 take-aways here , and below: Most SaaS founders start out the same way— armed with ample expertise of the technical details that go into a product and with limited experience of other aspects of scaling, such as sales. On finding product-market fit in the early stages.

Scale 315
article thumbnail

In The Age of AI, Onboarding and Time-to-Value Should Be The #1 Goal for Customer Success

SaaStr

So we’ve been proponents of customer success at SaaStr since the earliest days, since our first SaaStr posts in 2012. Companies like Motive condensed their time-to-value by breaking out onboarding from the broader CS function, and it helped them scale from $1M to $60M in ARR in just six months.

AI 179