article thumbnail

Recurring Revenue is Magic

Seeing Both Sides

It was the last day of the third quarter of the year and we hard more deals we needed to close to finish the quarter strong and report numbers to Wall Street that justified our high-flying profile as a recently public Internet commerce software company. This allowed our revenue to skyrocket from $1.8 million to $22.5

Revenue 54
article thumbnail

Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

He focuses on investments in fintech, the internet, and software. I’m a partner at TCV, which we founded in 1996. The churn rate increased, and then the stock plummeted by 70 percent. The theme of this episode is how to scale unicorns. Jonathan Siddharth . I’m excited to welcome David Zhang from TCV.

Partner 132