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searching PlanetScale…
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by
sumly
3y ago
$1bn valuation = 20x multiple? hence you need $50m ARR so you need 250k paid users at $200 / year thats 12.5m users at 2% conversion
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by
sumly
3y ago
Their growth is becoming explosive, growing 1m+ users per year, 10%+ YoY is pretty good at that scale Maybe you are not aware but LaTeX is a proxy on research. Are you bearish research? I am not. long LaTeX. Long Overleaf. ps: they also giv
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sumly
3y ago
I did not say it was def not a MEH category I created this thread to find likeminded people to give insights
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by
sumly
3y ago
My experience in conversion from FREE to PAID is 2% is pretty standard. 5% is very good. <1% is meh.
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sumly
3y ago
there are 11m users. there are about double the number of Overleaf users than the Irish population. It's def not small!
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Is Overleaf (online LaTeX editor) making $40M+ ARR and a unicorn?
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sumly
3y ago
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12 comments
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sumly
4y ago
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