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How SaaStr Fund-Backed RevenueCat Went from a $1.5M Round at $7M Valuation in 2018 to $500M+ Today

SaaStr

When SaaStr Fund made the first investment in RevenueCat back in 2018, nobody could have predicted that this “simple API for managing in-app subscriptions” would become the infrastructure powering 33% of all mobile subscription apps and reach a $500M valuation in 2025. The SaaStr Fund Thesis: Mobile Subscriptions Will Explode.

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The ChatGPT Moment: When 8 Years of Growth Happens in 8 Months

SaaStr

million registered Discord users by March 2024, generating $300 million in revenue in 2024, up from $200 million in 2023. Anthropic went from 240 employees in 2023 to 1,035 by September 2024 – a 331% increase. Claude now has 18.9 Midjourney’s Creative Empire : From zero to 19.26 The kicker? But – they might be underselling it.

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5 Interesting Learnings From DropBox at $2.6 Billion in ARR

SaaStr

Million Paying Users ARPU increased substantially from 2020 to 2023, and is up modestly again in 2024. #3. File Sharing Moving More and More to Mobile, So Offering a Lower Cost Edition There This is also leading to some pressure on ARPU. #8. ARPU Continues to Slowly Increase Across 18.2 43% of Revenue Outside Of U.S.

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3 Ways I’ve Changed Venture Investing at SaaStr Fund

SaaStr

– RevenueCat now powers 1/3d of all new mobile subscriptions world-wide – New Apps using RevenueCat doubled in last 6 months – Powering monetization for ChatGPT, Notion, VSCO, Runna, and pic.twitter.com/McFmCBZ0eE — Jason SaaStr.Ai Lemkin (@jasonlk) September 23, 2023 #3.

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Facebook Ads: A Quick-start Guide for Beginners

Buffer Resources

 For example, if you want to increase your mobile app's downloads through Facebook Ads, your success metric could be 100 downloads in the first month. If you'd rather use a mobile device, a Facebook Ads Manager app is available for Apple and Android. These offer a way for Facebook to keep your audience in their app.

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Cyber Weekend Benchmarking Data: 2024 SaaS and Software Holiday Spend Report

FastSpring

The data below come from 2019-2023, and we use a seasonal index to highlight each month’s or quarter’s sales against the year’s monthly or quarterly average (more on that below).

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June 30, 2025: The Date Where If Your Team Hasn’t Rolled Out Truly Great AI Into Production Yet… It’s Time to Reboot the Team

SaaStr

Claude, GPT-4, and the foundation model explosion happened through 2023. The 18-Month “Let’s See” Window Has Closed Let’s be brutally honest about the timeline here. ChatGPT launched in November 2022. That gave everyone roughly 18 months to figure it out. ElevenLabs rocketing to $100m+ ARR powering voice for AI leaders.

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