Yep. $1M ARR -> $9M ARR right after series A would kill 99% of startups :) In b2b & esp enterprise, a solid co seems: * Year 0, 1: $0K-$1M (e.g., POC money or

Yep. $1M ARR -> $9M ARR right after series A would kill 99% of startups :) In b2b & esp enterprise, a solid co seems: * Year 0, 1: $0K-$1M (e.g., POC money or OSS project at another employer) ... * Year X: $1M ARR <-- series a territory * Year X+1: $2-4M ARR (ideally 3X+) * Year X+2: $5-10M ARR (2X+) <-- series b territory * ... * IPO: $200M+ @ 1.5X growth That's based on recent IPOs. b/c big seeds and series a concentration, maybe diff for current crop? The post resonates. It took us awhile on "0->X" b/c we do deep tech vs vanilla saas, and had to get it to the point we can start cranking on more pure-product stuff. So for deep tech co's, you either make no true product and flip, or do a lot of work before even getting to the real business journey.