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HashiCorp – S1

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Re: HashiCorp – S1

#12

Post by paxys »

jaxxstorm wrote: post #4

Lots of interesting tidbits in here, not least that Armon Dadgar, who basically built most of the their revenue generating software, is paid considerably less than their CRO.

Comparing salary is irrelevant when one person has a founder ownership stake while the other was hired as an employee a lot further down the line. Dadgar would be perfectly fine with $1/yr.

Re: HashiCorp – S1

#15

Post by marc__1 »

wow

> As of July 31, 2021, we served 2,101 customers spanning organizations of a broad range of sizes and industries, compared to 1,473 and 831 customers as of January 31, 2021 and 2020, respectively.

> over 300 of the Forbes Global 2000 were our customers

>As of January 31, 2020, January 31, 2021, July 31, 2020, and July 31, 2021, our last four quarter average net dollar retention rate was 131%, 123%, 128%, and 124%, respectively.

> over 44% of our customers with $100,000 or greater ARR were licensing more than one product

Re: HashiCorp – S1

#18

Post by WORMS_EAT_WORMS »

Absolute legend, rocket ship human Mitchell Hashimoto. I still remember the excitement from Vagrant back in the day (which I think started it all). Here's the 1.0 announcement in 2012. [1]

The tools and vision they created after, just amazing coming from a small scrappy startup crew. Which, IMO, is totally wild given the offerings clearly tend to target bigger Enterprise who have bigger teams/apps/ops demand.

Then to walk away from $50MM barely older than drinking age. [2]

Seriously congratulations to them and the Hashicorp team. Will likely invest and hold for a long time.

[1] https://news.ycombinator.com/item?id=3672149

[2] https://twitter.com/mitchellh/status/1357445215259250689

Re: HashiCorp – S1

#19

Post by wdella »

Ever since Vagrant, everything Hashicorp has developed has been outstanding! Furthermore, their open core model and this S1 is an inspiration. I wish all the best for Mitchell, Armon and the team!

I have a couple emails from Mitchell H circa 2014. He was doing front line customer support for the Vagrant VMWare Workstation provider -- I think it was just about their first paid offering. I was impressed that the head of the company would take time to help me troubleshoot my busted setup. Incredibly technical and incredibly hard working.

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