Remove Churn Remove Cloud Remove cloud efficiency
article thumbnail

5 Interesting Learnings from MongoDB at $1.5 Billion in ARR

SaaStr

So some SaaS and Cloud leaders have seen big impacts from the post-Covid hangover, but others have just kept accelerating. That’s about as good as it gets in SaaS and Cloud! Are we near or past the lows in SaaS and Cloud buying patterns? But those accounts grow dramatically over time, and don’t really churn.

Scale 174
article thumbnail

MongoDB at $1.5B in Revenue — An Epic Growth Story

SaaStr

Some SaaS and Cloud leaders have seen big impacts from the post-2020 hangover, but others keep accelerating. That’s about as good as it gets in SaaS and Cloud! While many less efficient public SaaS companies are trading at tough multiples of 3-4x ARR, and the average is about 6x ARR, MongoDB is almost 20x ARR. We’ll see. #2

Revenue 186