So how long does it take to really Go Big?
- We did our own SaaStr analysis a little while back and saw it took on average 10 years to get to a $1B+ acquisition in SaaS.
- And an IPO? Sapphire Ventures crunched the numbers. And the answer is 12 years to IPO.
It’s a challenge to us all to push through the tough times we often see around years 4-5. When there is too much going on, not enough resources, and almost all of us get a bit tired. A challenge to sign on for a second 5 year journey, from Years 5-10 or so. And it’s only by the end of that second journey that power laws really kick in.
Mailchimp is a vivid example. It was worth “just” $2B 3 years ago. Fast forward to 2021, it sold for $12B. Go longer. At least, go longer if you have high NRR and decent growth. At least think about it.
The math on 10 years to $1B acquisition here: