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Is it Really ARR? In 2021+, Yes. As Long As NRR is > 100%

SaaStr

But as Shopify scaled, its revenue as a percent of commerce on its sites — “Merchant Solutions” — began to eclipse its recurring SaaS revenues. First, Snowflake rolls its large customers into fixed comittments (as does AWS and many others), and bills them in advance. In 2021+, Yes. Call it ARR.

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Meet the Intercom team at Web Summit 2021!

Intercom, Inc.

On November 3rd, our co-founder Des Traynor will be on the stage sharing his keynote on “ How to grow up without growing old “ Later that evening we partner with AWS and Aircall for a “Startups Happy Hour” party, where you can decompress and have one (or a few!) When and where to connect with the Intercom team at Web Summit 2021.

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5 Interesting Learnings from Canva at Almost $2 Billion in ARR

SaaStr

They were $1.7B+ ARR in October , so let’s call it close to $2B at the end of the year, growing 40%+ at that scale –and profitable! (or From 60 Million Users in September 2021 to 170 Million in December 2023 It certainly helps that Canva in many ways is as B2C as it is B2B, as it fuels a huge TAM. . #4.

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Pilot: 57% of Venture Startups Will Need to Raise More In 2024

SaaStr

They typically give them just enough to see if it will work, and the startup grows and scales to the next stage. Folks that raised in the Go-Go Times of 2021 in many cases have been able to stretch their cash through 2023. Shopify , Datadog, Crowdstrike , Google Cloud-Azure-AWS, Snowflake , etc. That’s how it works.

Startup 301
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5 Interesting Learnings from Digital Ocean at $700,000,000 in ARR

SaaStr

Many have used Digital Ocean at the cheaper, simpler version of AWS-Azure-Digital Ocean to get going fast and quickly. ARPU was up +28% from 2022 over 2021, and another 6% the past 12 months on top of that. But at scale, even the slightly less long version of the tail is where the money is. It’s gotten crazy good.

Scale 219
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We Just Launched Our ENTIRE SaaStr Annual 2021 Agenda. Get a Front Row Seat to The Best in SaaS!

SaaStr

We just launched the entire SaaStr Annual 2021 Agenda !! 3 days, more than 100+ sessions and 300 expert speakers, who will be sharing their best practices to help you scale faster, build smarter, and close more customers. From AWS to Vimeo: this year’s speaker lineup is packed with incredible speakers and content.

Scale 256
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What Are Public SaaS Companies Taken Private At? 7.7x ARR On Average Per SaaSomomics

SaaStr

Well, certainly it exploded in 2021, in my portfolio at least, if perhaps not as dramatically as in the public markets. The startup I invested in that were acquired by PE in the 2020-2021 Boom were acquired for 8x in one case, 12x in another, and 15x in a third. So what do they pay on average? You might be worth less ?

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