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7.5 years of @AcquiredFM in one chart.
Benchmark Part I
youtube.com
Figma had $0 in revenue for 4 years.
Completely breaks the “rush something to market and start charging immediately” mindset that most try to adapt.
And it resulted in the largest acquisition of a private software company (ever) https://t.co/YLGBR9hJe0
true network-effects business.
Scott Kupor • Secrets of Sand Hill Road
Enterprise SaaS: ~110% is GOOD, ~130% is GREAT
Lenny Rachitsky • What is good retention
How the Acquired podcast grew to millions of downloads
youtu.be
As a rough benchmark for evaluating startups at Andreessen Horowitz, I often look for a minimum baseline of 60 percent retention after day 1, 30 percent after day 7, and 15 percent at day 30, where the curve eventually levels out. It’s usually only the networked products that can exceed these numbers. That’s because networked products are unique in
... See moreAndrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
