Patrick McKenzie Retweeted David Cummings
Reprising a thing I have said before: people underestimate the number of SaaS companies in the world, at every level, and underestimate the amount of money they are making, at every level. 60% of revenue into sales and marketing is a model, but it is not the *only* model.https://twitter.com/davidcummings/status/968114316334501888 …
Patrick McKenzie added,
David CummingsVerified account @davidcummings
Reading the Dropbox financials demonstrates that the world's best freemium SaaS business is Atlanta's own @MailChimp:
- $0 equity raised vs $1.1B
- $500M run rate vs $1B run rate revenue
- 50% EBITDA margins vs negative margins
The #1 freemium SaaS unicorn is in Atlanta.
3:24 AM - 27 Feb 2018
0 replies
13 retweets
67 likes
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