Top 5 Lessons Learned from Databricks’ Journey from $400M to $1.5B+ with former VP of Product Nadim Hossain
Databricks had an incredible scale-up from $400M to $1.5B+ during former VP of Product Nadim Hossain’s time there. The company has gone from 1600 employees to over 5500 and most recently crossed the $2B ARR mark. Nadim shares the principles behind the SaaS company’s massive growth.
Top 10 Learnings from Todd McKinnon, CEO of Okta on Scaling To The First $30m ARR (Updated)
Todd McKinnon, CEO of Okta, a ways back joined us for the first time joined us at our first big digital event, SaaStr Scale. It was a great deep dive on what it’s really like scaling an emerging leader in a category everyone previously thought was small. ...5 Interesting Learnings from Rubrik at $784,000,000 in ARR
So it’s been a long IPO drought since HashiCorp was the last IPO of the Boom Times in December 2021. Since then, we’ve had just one — Klaviyo. But now a second SaaS security leader has filed to IPO, Rubrik. They’re still transitioning from...Just Between Two CEOs: Dev Ittycheria of MongoDB and Jyoti Bansal of Harness.io and AppDynamics
Two successful SaaS leaders talk about product alignment, freemium models, having an open-source product and other topics in SaaS we all want answers to.
5 Interesting Learnings from DropBox at $2.5 Billion in ARR
So I’ve been doing SaaS long enough to remember when Dropbox was a super hot SaaS startup. Fast forward to today, it’s settled into a very mature leader, with slow growth but impressive efficiency … at a stunning $2.4 Billion in ARR. Operating...5 Interesting Learnings from Klaviyo at $800,000,000 in ARR
So we’ve covered Klaviyo several times at SaaStr, and we’re super excited CEO Andrew Bialecki is coming to 2024 SaaStr Annual Sep 10-12 in SF Bay to share his learnings!! (We also have a great deep dive we did a little ways back with Andrew below)....The Most Important SaaS Metric of All: Net New Customer Growth
HubSpot is at $2.3 Billion in ARR (!) There's a lot to be impressed with, but #1 is that it is >still< growing its new customer count 23% a year Even at 200,000+ customers Even at $2,300,000,000 in ARR This is the #1 KPI for me in SaaS. Net new customer...The 6 Most Common Mistakes Founders Make When They Are Just Starting to Scale Revenue
Dear SaaStr: What are The Most Common Mistakes Founders Make When They Are Just Starting to Scale Revenue? Let me list some of the ones I see most often going from say $1m to $10m in ARR: Chasing the Shiny Penny. One of the biggest mistakes I see after $1m in trying...5 Interesting Learnings from HubSpot at $2.4 Billion in ARR
So we’ve probably covered HubSpot more than any other SaaS and Cloud leader on this 5 Interesting Learnings series, but there’s a good reason for it: First, HubSpot is a lot like most of us. It sells sales, marketing, support and more tools. And second,...5 Interesting Learnings from HashiCorp at $600,000,000 in ARR
So of the beloved leaders in Cloud and SaaS, few have been hit harder than Hashicorp by the “downturn”. At $400m ARR, they were growing 50%. Now at $600m, ARR, growth has radically slowed to 17%. Some of it may well be some of the challenges in...Dear SaaStr: What Happens to the Management Team When a New CEO is Hired?
Dear SaaStr: What Happens to the Management Team When a New CEO is Hired? You never know exactly what will happen. However, at a practical level, I think you should plan on maybe 50% of the management team turning over if your company brings in a new CEO. Maybe more....Median NRR is Still Over 110%. But it’s Fallen to Multi-Year Lows.
So Jamin Ball of Altimeter had a great summary of public company NRR here: The median net retention for the software universe has been steadily declining the last few quarters. More pressure on churn (as companies look to reduce point solutions in favor of platforms)...What It’s Like Running a Profitable $400M Public SaaS Company with Vimeo CEO Adam Gross
Vimeo CEO and SaaS veteran Adam Gross and Jason Lemkin, SaaStr founder and CEO talking about running a profitable public company with $400M in revenue.