Since 1980, only 19 software companies have reached $4b in annual revenue. ~Hunter Walk quoting HBR
Adam Rifkin stashed this in Business Facts
Found via Hunter Walk: https://twitter.com/hunterwalk/status/599751497115533312
Full article on HBR: https://hbr.org/2015/05/the-myth-of-the-high-growth-software-company
Stashed in: Facts, Software!, @hunterwalk, HBR
To save this post, select a stash from drop-down menu or type in a new one:
I was surprised to discover so few software companies have had more than $4 billion in annual revenue.
Neither Twitter nor LinkedIn has hit the milestone yet.
If you consider Uber to be a software company, then it would be company #20 on this list.
If you consider just the Amazon Web Services part of Amazon, then it would be on this list too.
And if YouTube was an independent company it would now be on the list.
5:12 PM May 18 2015