The Riskiest Venture-Backed Startups Are 3H’s: High Growth, High Churn and High Burn
SaaStr
MARCH 8, 2024
They weren’t a 3H startup. A brand that previously held a premium aesthetic raised a growth round in 2013 from Irving Capital (7 For All Mankind, Aeropostale, Stuart Weitzman), but ultimately wasn’t able to sustain its growth. Yes, HubSpot didn’t get to 100% NRR until well past $30m ARR. But we aren’t all HubSpot.
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