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HashiCorp – S1

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31–40 of 277 posts

Re: HashiCorp – S1

#31
post #6

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.

Also interesting to learn that a CRO is a thing. I swear there is a new C-level title invented every few seconds.

[deleted]

Re: HashiCorp – S1

#32

It's fascinating to see so many IPOs happen in the past two years. Apparently there have been more IPOs in the past two years than 2014-2019 combined ( https://stockanalysis.com/ipos/statistics/ ) in spite of the pandemic. I guess it's because there's just so much money swishing around - why not?

Jap, I bet it’s related to this chart

https://fred.stlouisfed.org/series/M1NS

Re: HashiCorp – S1

#33
post #3

Seems like another success of the hybrid freemium/open source model. I think we will see more of these in the enterprise space.

I think we need to see how it performs in the public markets for a couple years to define success of the model. At this point it is certainly a success for the early investors / co-founders.

Re: HashiCorp – S1

#35
post #11

Dupe of https://news.ycombinator.com/item?id=29110469

simlevesque is right - this one was posted a hair earlier, so we've merged the other thread hither. Thanks for pointing it out!

Re: HashiCorp – S1

#36
post #13

Earlier quoted context omitted.

Almost certainly

why he stepped down as CEO, then CTO and now IC?

CEO of a publicly traded company is a vastly different job than CEO of a private startup. Your job is to make money for shareholders, not pursue a vision. It's not something everyone wants to do and is likely a lot less rewarding for someone who successfully creates a technology company.

Re: HashiCorp – S1

#37

It's fascinating to see so many IPOs happen in the past two years. Apparently there have been more IPOs in the past two years than 2014-2019 combined ( https://stockanalysis.com/ipos/statistics/ ) in spite of the pandemic. I guess it's because there's just so much money swishing around - why not?

Jap, I bet it’s related to this chart https://fred.stlouisfed.org/series/M1NS

You might want to read that footnote about the definition of M1 changing at May 2020

Re: HashiCorp – S1

#39
post #6

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.

Also interesting to learn that a CRO is a thing. I swear there is a new C-level title invented every few seconds.

It’s really just formalizing and enterprising a lead growth role.

Re: HashiCorp – S1

#40

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.

That's often the case when they have to bring a new executive on for the latter years of a company before going public... Look at page 174 though, Armon owns over 18M shares, the CRO owns 400k. Assuming a share price of even $10/share, the $4M difference in 2021 comp will swing slightly in Armon's direction when his equity stake is worth $175M more than the CRO's.

Based on their last valuation, Armon's shares should be worth around $550,000,000.
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