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- How the founders were selected ? And where ? initially they say "hundreds of non-venture track" but then 14% raised money - What is a MRR Growth in dollars ?
by polote 6y ago
- How the founders were selected ? And where ? initially they say "hundreds of non-venture track" but then 14% raised money
- What is a MRR Growth in dollars ? Thats not how we compute growth
- Is that data statistically significant ? there 2% of companies which had 4+ more founders and still you try to make a correlation between growth and founders count.
- There is 66% of companies who have employees but only 66% of founders who work more than 30 hours a week ? That doesn't seem right...
I like the initiative, but we need more clarity to really be able to trust the data from this report
- ramimac 6y agoSlide 62 does present some of that context: Survey was sent to 25k founders in the MicroConf database, 673 respondents (534 completed the survey)
- dbbk 6y ago> - What is a MRR Growth in dollars ? Thats not how we compute growth It's a company's growth in MRR... I'm not sure what you're asking? Also who is the "we" here?
- polote 6y agogrowth is usually in percent. If you make $1000 more dollars per month, it doesn't mean the same thing if you do 1M ARR or 10k ARR
- whyleyc 6y agoThere is a slide on page 31 showing revenue growth expressed as a percentage.
- Silhouette 6y agoThere is? Page 31 of the document I'm seeing shows the percentage of businesses in each MRR category. As polote said above, it's very strange to see MRR growth figures given as a fixed dollar amount throughout the presentation. As a founder, you might be quite worried if your business was only growing by the same dollar amount each month over an extended period.
- whyleyc 6y agoYou are looking at page 30. See the next slide. Title is “What best describes your company’s average Month-Over-Month (MOM) growth rate over the past 3 months?”
- Silhouette 6y agoFor anyone else reading this later: I was actually looking at page 29 according to the bottom-right of the slides, which is slide 31. The relevant chart is on page 30 according to the bottom-right, or slide 32. The problem is still largely the same in any case, because unless we have some way to associate the percentage-based growth figures from that one slide with the current dollar-based growth as shown elsewhere, it still gives little insight into whether the various factors being examined correlate with higher percentage growth, which is almost certainly the interesting information here.
- icedchai 6y agoYou'd be surprised. I've met founders who were happy growing by a few hundred bucks a month. With most of these companies doing under 15K/month, the percentage growth is going to be pretty low.