These financials don't look great. They earned $219M last year and $205M the year before. That's a top-line revenue growth rate of around 6% -- more common for an old-line company like IBM. SaaS startups are supposed to have revenue growth >30% when they hit IPO, and the best ones have even higher -- Twilio had ~70%.
Interesting. I thought start ups are commonly not in profit
SurveyMonkey S-1
31–40 of 58 posts
Re: SurveyMonkey S-1
#32These financials don't look great. They earned $219M last year and $205M the year before. That's a top-line revenue growth rate of around 6% -- more common for an old-line company like IBM. SaaS startups are supposed to have revenue growth >30% when they hit IPO, and the best ones have even higher -- Twilio had ~70%.
Interesting. I thought start ups are commonly not in profit
Re: SurveyMonkey S-1
#33Longtime SurveyMonkey customer here, but, I have largely switched to SurveyGizmo and Qualtrics. 2 primary reasons: 1. I work with Panel Providers, and their Quota tools and panel integration tools are just a bit clumsier. They don't really have Data Quality checks, they don't have cross-logic quotas, they don't have a kind of survey flow tools. 2. Analysis stack: They are currently chasing analysis in a rather frustr…
I wasn't sure if you were saying SurveyMonkey is missing SPSS export - it supports exporting to SPSS AFAIK. Is it that the export is missing data or features for your needs?
Long term, the whole survey industry should probably move away from SPSS to something fully open source, with a file type that is truly standard that can be read into all the different systems.
PS - I know that there are APIs for individual questions, data, etc. But, as an analyst first and programmer much much later on my list, I find them too complex to really be worth it. A lot of survey analysis is one-off.
I'd love a pandas/numpy/python call that just looked like:
get_survey_as_dataframe (surveyID, API_key, any other stuff).
Re: SurveyMonkey S-1
#34These financials don't look great. They earned $219M last year and $205M the year before. That's a top-line revenue growth rate of around 6% -- more common for an old-line company like IBM. SaaS startups are supposed to have revenue growth >30% when they hit IPO, and the best ones have even higher -- Twilio had ~70%.
Interesting. I thought start ups are commonly not in profit
Re: SurveyMonkey S-1
#35take a look at their VC history, could one assume the BAC, JPs, TRowes needed this exit soon? https://www.crunchbase.com/organization/surveymonkey
Re: SurveyMonkey S-1
#36Earlier quoted context omitted.
Does it also surprise you that DocuSign is a company worth over $10B?
I was originally going to say "man that's wild", then I realized all the documents I've signed electronically lately have been through DocuSign and maybe 10B is actually undervalued.
Re: SurveyMonkey S-1
#37Re: SurveyMonkey S-1
#38edit: Disregard, can't ask an honest question on HN. Understood.
I can think of about a dozen organizations who collectively spend 10x this on tools like Cognos, PowerBI and Tableau. Easily 90% of their use cases could be fulfilled by excel. Solutions cost money.
Re: SurveyMonkey S-1
#39Longtime SurveyMonkey customer here, but, I have largely switched to SurveyGizmo and Qualtrics. 2 primary reasons: 1. I work with Panel Providers, and their Quota tools and panel integration tools are just a bit clumsier. They don't really have Data Quality checks, they don't have cross-logic quotas, they don't have a kind of survey flow tools. 2. Analysis stack: They are currently chasing analysis in a rather frustr…
Re: SurveyMonkey S-1
#40These financials don't look great. They earned $219M last year and $205M the year before. That's a top-line revenue growth rate of around 6% -- more common for an old-line company like IBM. SaaS startups are supposed to have revenue growth >30% when they hit IPO, and the best ones have even higher -- Twilio had ~70%.
Interesting. I thought start ups are commonly not in profit
It's not a Startup, it's a 19 year old company providing Internet based service.