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5 Interesting Learnings from UiPath at $600,000,000 in ARR

SaaStr

Even ten years on, in 2015, it still had just 10 full-time employees. from 2015 to 2016 … and then exploded: UIPath History. 2015: $1m rev. And then after a decade … it started to come together. Revenue grew nicely at first from $1m to $3.5m 2005: Started as a tech outsourcing company. 2014: $500k rev. seed round.

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5 Interesting Learnings from Freshworks at $400,000,000 in ARR

SaaStr

From 10,000 customers in 2015 to 50,000 in 2021. Freshworks quintupled its customer base from 2015 to 2021. And Freshssales is the smallest of its big 3 products, but even there, they have 6,500 customers today, vs. 8,900 on Freshservice and 35,800 on Freshdesk. #5. Just a visceral reminder of how things compound in SaaS.

Scale 350
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The SaaS $100 Billion Club. It’s Getting Bigger.

SaaStr

at IPO in 2015. Atlassian was worth $4B at IPO in 2015. Square was worth $3B at IPO in 2015. It IPO'd in 2015 at $1.2B. More incredible is how they got there, and how they grew post-IPO: Shopify was worth $1.2B Power laws are everywhere. And if you really have something in SaaS, it can just get better and better.

PayPal 258
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Systematizing Go-To-Market Hiring

Tom Tunguz

It formed the basis for a career at HubSpot predicated on consistent quantitative analysis to scale the go-to-market, which he detailed in the Sales Acceleration Formula in 2015. Mark Roberge ran this regression in Excel about 10 years ago. I think it’s still one of the best books on how to repeatably scale sales teams.

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The Velocity of Money in Startupland

Tom Tunguz

I wrote a post in 2015 called The Runaway Train of Late Stage Fundraising that examined the disparity between the number of growth rounds and unicorns versus the number of IPOs. VC fundraising will achieve a record. Valuations are at decade highs. There are 3-5 financings and M&A every working day.

Finance 336
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The Fastest Growing Sectors of Startup Fundraising in 2020

Tom Tunguz

Here are 2015 , 2017 , This year, I was certain the categories would have been influenced by COVID19. From time to time, I chart the fastest growing categories of startup investment in the US for seed through Series C.

Startup 354
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The Most Popular Financing Round in 2022

Tom Tunguz

Series A has dropped from 30% to 20%; Series B from 22.5% to 12%; and Series C from 18% to 11%. Across financing rounds, dilution from capital has fallen by 30-50% in that decade. Cumulative Dilution Points. Here’s a table of cumulative dilution points for a hypothetical startup raising 4 rounds in one year.

Finance 321