Wow, that growth is absolutely insane even by startup standards.
Has there been another company since Google that grew so fast? $19mil revenue in 2yrs, then tripling and quadrupling.
Has there been another company since Google that grew so fast? $19mil revenue in 2yrs, then tripling and quadrupling.
Source: https://www.macrotrends.net/stocks/charts/GRPN/groupon/reven...
Slack - 3 years Twilio - ~5 years ServiceNow - 6 years Shopify - 7 years
They had $583 million in sales for 1983. $1.5 billion in today's dollar. They hit basically $1b the next year, at $982 million for 1984 (in 1984 dollars). Inflation adjusted I'm guessing they hit the $1 billion mark at about six years in business.
I similarly recall that Compaq grew extremely fast. Dell's liftoff followed a similar trajectory (the start was a bit slower, due to how Michael Dell started the company).