Amazing newsletter as always, thanks for the gems!
A few topics particularly stood out to me:
1.Sierra: The level of execution is incredible. Reaching $20M ARR in less than a year is a masterclass. Bret Taylor proves once again that he knows how to play at the highest level and build visionary companies. And that 225x EV/ARR multiple? Absolutely impressive.
2.Chemistry: No surprise they raised $350M for their first fund. The track record of their past investments is a true Hall of Fame, and it’s exciting to see what their next moves will be.
3.UiPath: That ARR growth from $1M to $100M in 21 months never fails to blow my mind every time I hear it.
4.Roblox: The Hindenburg report also sent chills down my spine. Listening to the Gamecraft podcast, I had a much more optimistic view of this ecosystem—and the company itself.
5.Bridge: A fantastic exit for Stripe (once again, Index involved). Raising $58M and exiting at $1.1B shows that the exit-to-funding ratio can be stellar when the team executes well.
6.Recruitment: I loved the point on Index’s guide and Keith Rabois’ presentation.
je confirme ! :-)
Amazing newsletter as always, thanks for the gems!
A few topics particularly stood out to me:
1.Sierra: The level of execution is incredible. Reaching $20M ARR in less than a year is a masterclass. Bret Taylor proves once again that he knows how to play at the highest level and build visionary companies. And that 225x EV/ARR multiple? Absolutely impressive.
2.Chemistry: No surprise they raised $350M for their first fund. The track record of their past investments is a true Hall of Fame, and it’s exciting to see what their next moves will be.
3.UiPath: That ARR growth from $1M to $100M in 21 months never fails to blow my mind every time I hear it.
4.Roblox: The Hindenburg report also sent chills down my spine. Listening to the Gamecraft podcast, I had a much more optimistic view of this ecosystem—and the company itself.
5.Bridge: A fantastic exit for Stripe (once again, Index involved). Raising $58M and exiting at $1.1B shows that the exit-to-funding ratio can be stellar when the team executes well.
6.Recruitment: I loved the point on Index’s guide and Keith Rabois’ presentation.
You are the best 🫶🏼