Introducing Bessemer's book 💫

𝐅𝐫𝐨𝐦 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐭𝐨 𝐂𝐞𝐧𝐭𝐚𝐮𝐫: 𝐓𝐡𝐞 𝐅𝐨𝐮𝐧𝐝𝐞𝐫'𝐬 𝐑𝐨𝐚𝐝𝐦𝐚𝐩 𝐭𝐨 $𝟏𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐀𝐑𝐑

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bvp.com/from-startup-t…

As the days of “hypergrowth” become increasingly fleeting for software companies, here are my long form notes on what happened to growth endurance and when we may expect endurance to bounce back ⏩ nextbigteng.substack.com/p/did-growth-e…

💡 ICYMI — Our Atlas newsletter is out! This week we cover:

🤖 Autonomous robotics
📈 How Axonius passed $100M ARR in 4.5 years
🧾 Enterprise sales tips for developer platforms
🧩 Bessemer Puzzle of the week!

Read: bessemervp.team/3Tcc9CI
Subscribe: bessemervp.team/3UhfkLt

'Free-cash-flow margin' has become such a controversial metric recently. Some case examples + thoughts on levers that may be muddying the waters within the software universe, and why we shouldn't always take headline numbers at face value 👇

Full post⏩nextbigteng.substack.com/p/when-fcf-mar…

And then there was one...

As of today, there remains only one public software company projected to grow >30% in the NTM

Some visuals from Guggenheim & Bank of America highlighting this shift in growth buckets within the software cohort👇

Today marks the start of Women’s History Month! Beyond celebrating this momentous month, March 1 is also the deadline to apply for All Raise VC Champions. I participated last yr & was paired w incredible mentors aileenlee Andy Weissman Chelsea Stoner Pat Grady! Highly recommend!

PostgreSQL on Render has point-in-time recovery, read replicas, private networking, fully automated backups, and now, High Availability!

Building Render is about building customer trust, and the team continues to deliver on this promise.

Main boo: Palisades Tahoe
Side boo: Alta / Snowbird

😂❤️⛷️

Tech is shaping the frontlines of national security & startups are leading the charge!

davidcowan Tess Hatch Christopher Wan Jason Scheller & I look at 5 vectors of transformation for the DoD + how startups can build an enduring defense tech biz💪

Full roadmap▶️bessemervp.team/49bQ7X3

So much has happened in the 6 months since I wrote abt the open vs closed model race

In this follow-up, I cover recent developments in this heated battle:

1⃣ Narrowing capability gap
2⃣ Reduced knowledge sharing
3⃣ Security debate
4⃣ Regulatory impact

nextbigteng.substack.com/p/ais-linux-mo…

Walking on a dream, how can I explain

📍Summit Palisades Tahoe

Software M&A is off to a quick start in '24, with news of several notable deals breaking just within the 1st week of the new year!

Following these developments, I did a wrap up of last yr's M&A landscape & put together notes on 5 observations for 2024⏩
nextbigteng.substack.com/p/five-softwar…

New year, new cloud metric ✨

𝗧𝗵𝗲 𝗥𝘂𝗹𝗲 𝗼𝗳 𝗫 = (𝗚𝗿𝗼𝘄𝘁𝗵 𝗥𝗮𝘁𝗲 𝘅 𝗠𝘂𝗹𝘁𝗶𝗽𝗹𝗶𝗲𝗿*) + 𝗙𝗖𝗙 𝗺𝗮𝗿𝗴𝗶𝗻

Dive into Atlas where Byron Deeter & Silicon Sam share the fundamentals and The Good, Better, Best framework founders need to know.…

Sunrise snorkel to kick off the new year 🐠

📍Ko Poda, Thailand

Take me to my beach
Bye 2023 👋

📍Krabi, Thailand