net retention rate

“So like, you know, we're talking about our gross margin needs to be above 60%, hopefully above 70%. Our burn multiple is now below three, right? Like ideally we're in like the, ideally we're like close to one, right? Burn multiple, like in the one to three zon…”

“And then there are metrics to track efficiency, right? Things like burn multiple, gross margin, NRR, all of these things. They're all of them are just like not applicable at this stage. It's too early and you shouldn't be worrying about that stuff.”

“There's over a hundred SAS public companies and something like two of them have NRR less than a hundred percent. Like that's how it goes. And those companies have horrible financials and their values valuations are bad.”

“In fact, the median for a IPO SAS company, like at IPO, the median NRR is a 119%.”