Sun.Apr 28, 2019

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5 Interesting Learnings From Slack. As It Gets Ready to IPO.

SaaStr

With Slack’s IPO data and financials finally public, what is left to know about the app we all use and have been reading about for years? What’s interesting to know about Slack … that we didn’t already know? ??. Slack is obviously a rocketship going from $0 to ~$600m+ ARR (!) in 5 years (OMG), growing 80%+ Year-over-Year, and more than 1 billion messages sent a week (!).

Scale 275
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What are the most important metrics for SaaS?

SaaStr

In the early days, there are probably only 5 metrics that really matter: ARR. ARR Growth Rate. Burn Rate. Probably, NPS (more here: I Was Wrong. NPS is A Great Core Metric. | SaaStr ). And maybe … net revenue retention / churn. All the rest, maybe don’t obsess too much until you are bigger. What matters in the early days is: Do you have product-market fit?

Metrics 175
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The Week In Cloud: April 28, 2019

SaaStr

Join our Quora group to get all of The Week in Cloud updates throughout the week. Wow, $260m valuation. Wow. “The campus has a lake, its own tram system, and enough room to accommodate up to 25,000 employees.” . Apple is now paying more than it did before the lawsuit, apparently. “Also, small enterprises are not well served by US companies with their high cost structures.

Cloud 136