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Top 10 Interesting Learnings From Figma’s IPO Docs … That You May Have Missed

SaaStr

and strong unit economics … Figma’s IPO filing also reveals fascinating insights about the future of software creation, team collaboration, and platform business models. Beyond the obvious metrics of explosive revenue growth (48% YoY at almost $1B ARR!!) Here are the hidden gems: 1.

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HubSpot Co-Founder and Chairman Brian Halligan on SaaS Markets, Board Meetings, and AI’s Impact

SaaStr

The gross retention for people was low and I think we’re just getting back into a better spot. Existing distribution channels: While startups are racing to build distribution, incumbents already have it However, the business model disruption around AI pricing remains a challenge for larger players to navigate.

AI 284
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Figma's S-1: A PLG Powerhouse

Tom Tunguz

Net Dollar Retention 132% NA Customers > $100k ARR 963 NA Figma is about 3% the size of Adobe but growing 4x faster. Figma’s 132% Net Dollar Retention is top decile. Given its high growth & unique business model, how should the market value Figma? Non-GAAP Op Margin 17.0% Sales Efficiency 1.00

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How 1,000+ B2B Startups Are — And Aren’t — Growing. The Real Data.

SaaStr

Learning #3: The NRR Superpower – This One Metric Can Transform Your Entire Business Here’s a stat that should make every SaaS executive stop what they’re doing: Companies with the highest Net Revenue Retention report median growth that is 83% higher than the population median.

B2B 214
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The #1 Event for SaaS and Business Software: SaaStr Annual

SaaStr

While Dreamforce is larger overall, SaaStr Annual is more specifically focused on the SaaS business model and community, rather than being tied to a specific vendor’s ecosystem.

Software 243
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The Complete Guide to SaaS Pricing Strategy

Tom Tunguz

” The company grew from $15M in ARR to more than $1B with this model, consistently achieving better than 130% net dollar retention. With this model, Twilio maintained contracted revenue at less than 50% of ARR while achieving industry-leading retention metrics.

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IPO Offerings Are Already Up 62.5% This Year. With Much More to Come. We’re Back

SaaStr

Optimize for Performance Metrics That Matter Focus on the metrics that drive aftermarket performance: Revenue growth combined with expanding margins Net dollar retention above 110% Clear customer acquisition efficiency Predictable, recurring revenue models 3. There’s hype, yes — see Circle and Coreweave.

Payments 182