I'd love to hear some discussion on the following:
I really like developer focused companies like Buglife. However, what path could Buglife take to reach a $1B dollar company?
The post notes that they are currently in 300 apps. I'd assume the majority of these 300 are on a free plan. Let's assume that they hit a growth spurt and end up in 10,000 apps. Let's also assume that every one of those customers is paying for their Premium plan. That works out to a little over $2 million a month in revenue.
Not only that, but there are already very established companies in this space (Fabric/Crashlytics, Firebase, Sentry, etc.). It's also fairly trivial to switch to another provider.
How do companies like this propose they hit that $1B mark?
I really like developer focused companies like Buglife. However, what path could Buglife take to reach a $1B dollar company?
The post notes that they are currently in 300 apps. I'd assume the majority of these 300 are on a free plan. Let's assume that they hit a growth spurt and end up in 10,000 apps. Let's also assume that every one of those customers is paying for their Premium plan. That works out to a little over $2 million a month in revenue.
Not only that, but there are already very established companies in this space (Fabric/Crashlytics, Firebase, Sentry, etc.). It's also fairly trivial to switch to another provider.
How do companies like this propose they hit that $1B mark?