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$65 Million in ARR to list on the NASDAQ seems really low, especially with the 32% YoY growth. I don't think I've seen a SaaS company with < $100 Million in AR
by bigtones 5y ago
$65 Million in ARR to list on the NASDAQ seems really low, especially with the 32% YoY growth.
I don't think I've seen a SaaS company with < $100 Million in ARR in the year it listed.
- nekoashide 5y agoYour not wrong, there's been a huge number of companies listing over the last year and some of questionable size and profitability. Everybody sees the market as a huge money machine and all these companies want a piece.
- codegeek 5y agoIt happens. One of our competitors IPO'd at 30M in ARR.
- tomashertus 5y agoHow they have been doing?
- codegeek 5y agoNot too bad even though it is a big market and lot of key players including us.
- deleted 5y ago[deleted]