The Riskiest Venture-Backed Startups Are 3H’s: High Growth, High Churn and High Burn
SaaStr
MARCH 8, 2024
Don’t disguise it in growth and/or venture capital. SaaS + hardware, SaaS + payments, etc. Rag & Bone is selling to Guess $GES for $56m on ~$250m of revenue. No the point is this isn’t D2C, it’s B2B. Yes, HubSpot didn’t get to 100% NRR until well past $30m ARR. But we aren’t all HubSpot.
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