Hacker News new | ask | show | jobs
by phphphphp 1410 days ago
ARR is a forward looking number, so more accurately, they’re claiming to be the first software company to ever reach $100m / 12 = ~$8m/month in recurring revenue commitments from today (their 18th month).

I don’t know if their claim to be first is true or false (or even if it matters at all) but it feels a little unbelievable that no company has ever reached this milestone before — surely there’s a few companies that have reached $8m/m within their first 18 months?

1 comments

Was about to make the same point. Obviously well done to the team all the same.

Security continues to be an amazing market to play In which is advice I’ve heard for many years. A lot of vendors seem to experience fast growth.