Remove 1996 Remove Churn Rate Remove Customer Remove Marketing
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Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

I’m a partner at TCV, which we founded in 1996. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . There’s a lot of fear in the market.

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Recurring Revenue is Magic

Seeing Both Sides

million in one year, the year we went public at a billion dollar valuation (ok, it was 1996; everyone went public in 1996 with a billion dollar valuation), and then $61 million the following year. In a SaaS or subscription software business, you can predict your churn rate and new business closings to determine your growth rate.

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