3 ms·
Don't want to be that guy but 4-5 years for enterprise startups "to get to this point" which I'm assuming is either that market cap size or IPO is ambitious - E
by itsprofitbaron 12y ago
Don't want to be that guy but 4-5 years for enterprise startups "to get to this point" which I'm assuming is either that market cap size or IPO is ambitious - Enterprise startups tend to take a while to get that flywheel spinning. The fact that Salesforce did it in 5 years (Founded: 1999, IPO: 2004) means that they are more the anomalie than the others. For example here's a list of Enterprise companies which have taken 7-13 years to get to IPO:
Eloqua - Founded: 1999, IPO: 2012. Years to IPO: 13
Qualys - Founded: 1999, IPO: 2012. Years to IPO: 13
Rally Software - Founded: 2001, IPO: 2013. Years to IPO: 12
E2open - Founded: 2000, IPO: 2012. Years to IPO: 12
Exact Target - Founded: 2000, IPO 2012. Years to IPO: 12
Box (Summer IPO) - Founded: 2005, IPO: 2014. Years to IPO: 9
Demandware - Founded: 2004, IPO: 2012. Years to IPO: 8
Fleetmatics - Founded: 2004, IPO: 2012. Years to IPO: 8
ServiceNow - Founded: 2004, IPO: 2012. Years to IPO: 8
Bazaarvoice - Founded: 2005, IPO: 2013. Years to IPO - 7
Workday - Founded: 2005, IPO: 2012. Years to IPO: 7
Marin Software - Founded: 2006, IPO: 2013. Years to IPO: 7
Marketo - Founded: 2006, IPO: 2013. Years to IPO: 7
- rgrieselhuber 12y agoYes, this was my point. The story you're sold when speaking with VCs is that if you're not at some astronomical valuation within a few years, you're not growing fast enough. A look at how things actually play out reveals a different story altogether.
- deleted 12y ago[deleted]