In this article that has become a must-read for SaaS enterprise-software startup founders, Battery Ventures VC Neeraj Agrawal explains in a short but insightful manner how successful startups in this field have made it to unicorn status.
Remember that only a very small number of companies manage to reach such growth.
There are at least two takeaways here in our view:
1/ The key to success lies in human resources (and processes)
2/ You need a model that truly scales to reach such impressive growth rates