Startups For the Rest of Us
Episode 732 | Lessons Learned Bootstrapping to a $615M Exit
Jeff
It was all our own code and open source. We didn't have any licensing costs. So we had high gross margin. That's reel number two. Third is retention. And I knew we took really good care of our customers. It was one of the reasons we had, I think, such a good outcome and took so long was our patience. But we took really good care of our customers. We had 117% net retention.
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