Is it Really ARR? In 2021+, Yes. As Long As NRR is > 100%
SaaStr
APRIL 24, 2021
ARR now really means revenue with 100%+ Net Revenue Retention. First, Snowflake rolls its large customers into fixed comittments (as does AWS and many others), and bills them in advance. In 2021+, Yes. Doesn’t ARR stand for Annual Recurring Revenue? Well of course it does. 220m in ARR, $13B market cap. Call it ARR.
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