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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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How The Top 25 B2B Public Companies Have Performed In 2025 So Far — And What They Tell Us About the Future

SaaStr

Veeva (+18.5%) ZoomInfo (+7.4%) Veeva continues to prove the vertical SaaS thesis: Deep pharma/life sciences expertise Regulatory compliance built-in Switching costs approaching infinity AI integration that actually matters The lesson : Horizontal is commoditized. The market is getting smarter about AI washing vs. real AI business models.

B2B
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Loveable and Replit Both Hit $100M ARR in Record Time. The Vibe Coding TAM: How Big Can This Market Really Get?

SaaStr

Market Education and Adoption Friction Enterprise Challenges : IT departments resistant to citizen developer models Governance and compliance frameworks underdeveloped Integration capabilities with existing enterprise systems limited Change management requirements for shifting development paradigms Risk Assessment : Medium impact, high probability.

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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. From day one, they considered having a viable business model, so they didn’t wait to build it. People tend to stay for a long time.

SMB
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How to Embed Payment Functionality in Your AI SaaS: A Practical Guide

USIO

A quick note on terminology: when we talk about users in your SaaS, it can mean two things depending on your business model: If you’re a direct-to-consumer or B2C SaaS , users are the individuals or companies paying you. Will you need to handle invoicing and collections digitally?

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The Journey from Freemium to PLG to SLG: Key Learnings from Dropbox, Salesforce and Vimeo

SaaStr

It’s a business model, an organizational framework, and ultimately, a path to building a more efficient, customer-centric company. The $10M ARR Rule for Enterprise Here’s a controversial but important take: If you’re under $10M ARR, stay away from Enterprise.

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Embedded Payments in 2024: A year in review for platforms | Episode 44

Payrix

Software companies are increasingly integrating payments as a core component of their business models rather than treating them as ancillary features. Takeaway #2: Inflation and surcharging compliance Ella highlighted the rising importance of surcharging as a response to inflation and escalating operational costs.