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Does Your Business Plan Go Up and to the Right?
by John Cappiello on October 28, 2009
Hopefully, but how quickly up? IPO Dashboards put together a visualization of their top 100 public software companies and what kind of a success they were. Were they a “Rocket Ship,” “Hot Company,” or “Slow Burner?” How long does it take to build a technology empire?
Some of the conclusions are interesting. For example, 50% of the companies analyzed took over 9 years to reach $50m in revenue, far from the hockey stick so many like to pitch. Only 28% did it in less than 6 years. So, if you’re building the next Adobe, Microsoft, Oracle or Salesforce, do you have the right time frame in mind?
Who knew Novell was such the hit? $50m in 3 years. Yow.
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