annual recurring revenue

“If you can spend a dollar or less to generate an Incremental dollar of ARR. You're doing amazing. And between one and two is good. So in other words, if you're burning twenty million in a year to add an incremental ten million of ARR, you're doing quite well i…”

“They're going to be, you know, at somewhere between one and a half and two billion of ARR.”

“And what I would tell you is that even for companies that are in the hundreds of millions of ARR, the premiums that they're willing to pay are between three and five times ARR at the high end. And that a lot of deals get transacted between one and three times …”

“We're seeing public SaaS companies that are doing a billion of ARR with 20% growth rates, 80% gross margins, and they're trading at three times ARR.”

“First, we find out that from January first to March 31st, they grew from Roughly ten billion of ARR to thirty billion, so it tripled. And then in April, if anything, the rate of increase seemed to accelerate. They went from 30 to forty-four billion of ARR.”

“It's not hard to see 203 104 hundred billion dollars of ARR at the end of this year at a high margin.”

“Meanwhile, you're seeing Anthropic break into the seventies at 70 plus billion of ARR. Their forecast was to 10 X this year. From ten billion of ARR to a hundred billion, I think most people are saying they will exceed that, a 110, a 120.”