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Only 11% of Unicorn Exits Are IPOs Now (Down from 53%)

SaaStr

Compliance costs + reporting requirements → Secondary markets emerged. The Compliance Reality Why Going Public Became Less Attractive (And What SaaS Founders Should Know) IPO share of unicorn exits: 83% → 11% from 2010 to 2024. No more “IPO for growth capital” pressure → Public markets got expensive. The hidden story?

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5 Interesting Learnings from Circle at $2.3 Billion in “ARR”

SaaStr

The “Regulatory Moat” Strategy: Compliance as a Competitive Advantage Circle was the first to receive a New York State BitLicense, which is famously difficult to obtain, in 2015. This early investment in regulatory compliance has become their key differentiator against Tether and newer entrants.

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The Vertical SaaS Gold Rush: Why Non-Tech B2B Is Growing 250%+ Faster

SaaStr

Regulatory Requirements Create Infinite Moats Try switching away from Toast when you’ve got 50 restaurant locations with integrated POS, payments, payroll, and compliance systems. Try replacing Samsara when it’s monitoring your entire fleet for DOT compliance. Predictions for H2 2025 and 2026 1.

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The Keys to Getting to $500M ARR In Just 7 Years with Attentive’s CEO

SaaStr

Because while the payment problem was solved, the marketing side of mobile commerce remained broken. The KPI Alignment System Have customers email explicit performance expectations Build custom reporting dashboards Weekly cross-team optimization meetings Formal performance reviews 2.

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Snowflake Buys Crunchy Data for $250m, Databricks Buys Neon for $1B. The New AI Database Battle.

SaaStr

Billion PostgreSQL Battle for AI Agent Supremacy Brief Overview : Two data giants are making strategic moves to dominate the AI agent infrastructure market through major PostgreSQL acquisitions. This acquisition builds on previous AI investments, including the 2023 purchase of Neeva, a generative AI search startup. Databricks: The $1.25

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SaaStr AI App of the Week: Syllable.ai

SaaStr

Business Impact: Increase qualified lead volume 3x while reducing cost per acquisition. Why Enterprise Teams Choose Syllable Security & Compliance First SOC 2 certified with comprehensive audit logs, data encryption at rest and in transit, regular penetration testing and vulnerability assessments.

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Approaching Half a Million Customers: How to Win in SMB with BILL CEO and Founder René Lacerte

SaaStr

With a trillion in payment volume coming through BILL in the last five years, managing the payment and compliance engine has required an ongoing effort of a sizable team. How to Make an Acquired Second Act Work In 2021, BILL completed its acquisition of Divvy , a Leader in Spend Management for SMBs. acquisition.

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