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5 Interesting Learnings from MongoDB at $1.5 Billion in ARR

SaaStr

Still, they waited, and they have one of the highest public multiples in SaaS and Cloud. Efficiency is a complicated metric. Mongo still isn’t wildly efficient, even at $1.5 Until, well, probably until it had to be. But then it got there fast, like everyone from Monday to PagerDuty to HubSpot. Billion in ARR.

Scale 188
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MongoDB at $1.5B in Revenue — An Epic Growth Story

SaaStr

Everyone got about 15-20% more efficient, and everyone had to do 15-20% more work. MongoDB has one of the highest public multiples in SaaS and Cloud. Efficiency is a complicated metric, and Mongo isn’t wildly efficient, even at $1.5B They kept the headcount kind of flat. And it worked! But they are wildly successful.

Revenue 202