5 Interesting Learnings from MongoDB at $1.5 Billion in ARR
SaaStr
JULY 5, 2023
High NRR is magical, but NRR as a metric isn’t a GAAP metric. Still, they waited, and they have one of the highest public multiples in SaaS and Cloud. Efficiency is a complicated metric. Mongo still isn’t wildly efficient, even at $1.5 Average Customer Spend More Than Doubles After 2 Years.
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