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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.

Payments 280
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Approaching Half a Million Customers: How to Win in SMB with BILL CEO and Founder René Lacerte

SaaStr

With SMBs, the smallest business is owner-operated. A mobile phone is their dominant source of managing business activities. The mobile phone user has the highest NPS as a BILL user because it’s super simple and easy, and the clerk does all the data entry, pulling everything in and managing it.

SMB 307
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Anthropic May Never Catch OpenAI. But It’s Already 40% as Big.

SaaStr

forward revenue multiple compared to OpenAI’s 31x multiple, suggesting investors believe Anthropic’s business model has superior long-term potential despite the smaller current scale. million mobile app users—roughly 5% of ChatGPT’s user base. valuation / $1.4B million monthly active users and 2.9

ChatGPT 223
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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. Ella pointed out that merchants are demanding seamless omnichannel payment solutions , including robust contactless payment options like tap-to-pay on mobile devices.

Payments 130
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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

The CEO who delegated AI strategy to someone who “really gets AI” discovered too late that AI strategy is business strategy. The companies winning with AI aren’t optimizing existing processes—they’re creating entirely new business models. ElevenLabs rocketing to $100m+ ARR powering voice for AI leaders.

AI Search 172
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12 Best NPS Software and Survey Tools to Consider

User Pilot

Main features : Create and deploy in-context feedback surveys (called Nudges ) that appear as subtle pop-ups or widgets on either your web app, website, and their mobile versions. Collect feedback across multiple channels, including email, mobile, web, and even offline. Multi-language support.

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Scaling Success: Digital Entrepreneurship and SaaS Exits

FastSpring

If you own a SaaS or other digital product business such as a Slack plugin, Chrome extension, online publishing business, mobile app, or even a blog and youre looking to exit, you may have a lot of questions about how best to go about it. What got you into this particular business model? And I’ve done that.

Scale 119