Levie: Mature SaaS companies must shift to teen growth and 30%+ margins
Aaron Levie · What's New at Box with Aaron Levie, CEO and Co-Founder of Box and Jason Lemkin, Founder at SaaStr · Dec 6, 2023 · at 13:56
Box CEO Aaron Levie outlines the financial profile software companies must adopt once hyper-growth tapers off, speaking with SaaStr founder Jason Lemkin.
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“I think we look. Like probably what most companies are gonna have to look like at some point, which is you're probably growing teens. You're probably generating 30 plus percent operating margin. This is sort of the historical norm for software companies, and you should get as many years of 50 to a hundred percent growth as humanly possible, but at some point that's gonna end, and then you have to transition to a more sustainable long-term model.”
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