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WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear: Startups and Marketing for Geeks

Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. We just announced a few more things.

Engineer 152
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Chewy S-1: Category Leadership + Conveyor Belt Into Consumers’ Homes

View from Seed

I know some of the investors in Chewy prior to the PetSmart acquisition, but I am not a shareholder nor do I intend to purchase shares in the IPO. revenue business still growing >50% YoY? Chewy now has over 10 million customers, repeat purchases by existing customers account for approximately 90% of their revenue today.

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Who are the Major Revenue-Based Investing VCs?

David Teten

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

Revenue 60
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Startup Benchmarks

VC Cafe

In SaaS the main benchmarks being measured are revenue growth, sales efficiency (unit economics), churn and burn rate. If nothing else, for its simplicity (back of the napkin) but also for the fund’s commitment to keep updating the metrics since 2016. Example of Baremetrics revenue per user benchmarks.

B2C 141
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How The IBM PC Made Me Appreciate Entrepreneurs

Startup Professionals Musings

In enterprises, performance objectives are usually tied to internal processes, rather than beating competitors, customer acquisition, and revenue growth. Marty Zwilling First published on Inc.com on 10/24/2016. Measurements set on internal objectives, rather than market traction.

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Chewy S-1: Category Leadership + Conveyor Belt Into Consumers’ Homes

Agile VC

I know some of the investors in Chewy prior to the PetSmart acquisition, but I am not a shareholder nor do I intend to purchase shares in the IPO. revenue business still growing >50% YoY? Chewy now has over 10 million customers, repeat purchases by existing customers account for approximately 90% of their revenue today.

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Free E-guide: The Bootstrapper’s Guide to Business Development

NZ Entrepreneur

The data suggests half as much funding in 2018-19 than in the peak time of 2016-17 (Alex McCauley, CEO, StartupAUS, 2019). Customer acquisition and revenue are an early-stage company’s most significant success factors but resource poor, with an endless stream of action points, finding customers and building revenue can be overwhelming.