Shen: Top SaaS companies scale from $1M to $10M in two years
Christina Shen · Bessemer Venture Partners: The State of the Cloud, 2017-2018 Edition · May 13, 2017 · at 10:09
Christina Shen outlines Bessemer Venture Partners' 'good, better, best' ARR growth frameworks for SaaS founders at SaaStr Annual 2017.
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“If you are a good company, you got from one to ten million in AR in just four years. That means you did a little better than a double, double, double, double, and you're on the same growth trajectories as companies like Cornerstone and Mindbody. If you're in the better category, you did in just three years, so you did a triple, double, double. And you're in the same growth directory as companies like HubSpot and CoopUp. And if you were the best of the best, you got to ten million ARR in two years, and a hundred million ARR in five years, and you're in the same class as companies like Twilio, Box, and Workday.”
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