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Home / Business / For startups, the message is clear: Grow fast or die
Posted on February 18, 2022 by Stylianos Hatzakis

For startups, the message is clear: Grow fast or die

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News that Databricks crossed the $800 million annual recurring revenue (ARR) threshold last year was impressive, but more notable was its growth rate of greater than 80% during the same period. That’s a wild expansion pace for a company of Databricks’ size, and it backed up its CEO’s general vibe that his team could weather any change in market conditions regarding the value of software startups, provided that he keeps the growth flowing.
This is akin to noting that you don’t need more than one dart at the bar because you intend to hit the bullseye on your first go. Most folks aren’t going to manage it.

The Exchange explores startups, markets and money.
Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.

So what about the …

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Category: Business
Tags: amplitude, Business News, Business Updates, Databricks, Dropbox, Earnings, EC Enterprise Applications, EC Media, EC Newsletter, Entrepreneurship, Fundings & Exits, Private equity, roku, Startup company, startups, The Exchange, valuation

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