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LIVE 🔴 from Salesforce Tower, Code = Alpha, ageing like fine wine, and more...
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This week in PLG 🗞

LIVE 🔴 from Salesforce Tower, Code = Alpha, ageing like fine wine, and more...

Rahul Krishnan
,
Arjun Rakesh
, and
Ruchin Kulkarni
May 5, 2022
3
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LIVE 🔴 from Salesforce Tower, Code = Alpha, ageing like fine wine, and more...
www.topofthelyne.co

👋 Hey, Ruchin here! Welcome to this week’s edition of the ✨Top of the Lyne✨ newsletter. Each week we publish the hottest news from the beautiful world of product-led growth! (PLG)

The outcome we're shooting for is simple... to get enough folks excited about the product-led world that we so dearly love ❤️

Subscribe to get this newsletter every week👇

Try Toplyne for free →


Into the Twitterverse 🐦🌌

  • SaaS ages like fine wine 🍷

    The average public SaaS company at $1B is growing 67% YoY and accelerating in many cases 🤯

    In NRR (net revenue retention) we trust 🙏🏻

    Twitter avatar for @jasonlk
    Jason ✨BeKind✨ Lemkin #ДобісаПутіна @jasonlk
    Your daily jaw-dropper: The average public SaaS company at $1B ARR ... was growing 67% a year
    Image
    4:19 PM ∙ Apr 28, 2022
    281Likes32Retweets

Here’s how Zscaler did it 👇🏻

Twitter avatar for @jasonlk
Jason ✨BeKind✨ Lemkin #ДобісаПутіна @jasonlk
So times are a bit tough in the public markets -- but not for everyone Zscaler, security for SaaS, is quietly worth almost $30B And it's growing a stunning 63% at $1B in ARR 5 Interesting Learnings: 🔽🔽🔽🔽🔽
6:07 PM ∙ May 1, 2022
43Likes7Retweets
  • LIVE 🔴 from Salesforce’s board room 🧗🏻‍♂️

    Twitter avatar for @Benioff
    Marc Benioff @Benioff
    Another day @SalesforceTower. ❤️
    4:43 AM ∙ May 4, 2022
    6,430Likes505Retweets
  • Code = Alpha 👩🏻‍💻

    Excuse me for a second as I get romantic about the power of code 🙈

    • Learning to code is by far the most leveraged activity you can engage in, to effect change in the world

    • Today a young kid in a dimly lit dorm room has free access to the same resources and infrastructure as the largest companies in the world - AWS for servers, Twilio for comms, Stripe for Payments, and Replit for an IDE!

    • Code has the ability to seamlessly connect ideas with scale, uplift populations out of poverty, and connect individuals separated by distance but united by a common spirit.

Twitter avatar for @Ruchin_Kulkarni
Ruchin ツ @Ruchin_Kulkarni
In a world where 20-30%+ of market cap is generated by only ~30M devs (<0.5% of global population)… I couldn’t agree more 🚀 Code = Alpha
Twitter avatar for @amasad
Amjad Masad ⠕ @amasad
There is still so much alpha in learning to code it’s unbelievable
3:58 AM ∙ May 5, 2022
62Likes4Retweets

Featuring a fanboy moment 🙈

Twitter avatar for @paulg
Paul Graham @paulg
@Ruchin_Kulkarni @amasad Way, way less than 30m. More like 100k.
8:54 AM ∙ May 5, 2022
24Likes2Retweets

Couldn’t agree more! Developer productivity is a strong function of the power-law 📈

Twitter avatar for @Ruchin_Kulkarni
Ruchin ツ @Ruchin_Kulkarni
@paulg @amasad Agree! Most of that mcap is probably created by the top 100k
Image
9:07 AM ∙ May 5, 2022

🔎 The PLG hunt

Meet the in-app Command + Spacebar: CommandBar

CommandBar makes in-app experiences faster by helping users find what they’re trying to accomplish with the convenience of native Cmd+Space search.

Ever struggled with creating a doc on ClickUp, or searching through a support doc on Netlify? CommandBar has got you covered.

Twitter avatar for @CommandBar
CommandBar @CommandBar
🎉 We raised $19M for our Series A! The 3M+ users we’ve reached with forward-thinking companies like @clickup, @GustoHQ, @HashiCorp, @Netlify, and @LaunchDarkly are just the start… techcrunch.com/2022/04/28/com…
techcrunch.comCommandBar lands $19M to inject in-app searches with smarts – TechCrunchCommandBar, a startup developing a search and navigation plugin for web apps, has raised $19 million.
3:00 PM ∙ Apr 28, 2022
73Likes11Retweets

They raised their $19M Series A round this week 💰

Which hot and upcoming PLG company are you most excited about? 👇🏻

Leave a comment


Have you met Toplyne?

Presenting proof that B2B SaaS doesn’t need to be boring

If you were still wondering what we do here at Toplyne, here’s the ELI5 product-explainer 🎬


Fundraising, Venture Capital and Exits 🤑

  • Graphite’s $20M bet on developer productivity

    Twitter avatar for @withgraphite
    Graphite @withgraphite
    Excited to announce our $20M Series A from Andreessen Horowitz!
    graphite.devShip it: our $20M bet on developer productivityGood point: the Graphite blog
    3:01 PM ∙ May 3, 2022
    162Likes28Retweets
  • The largest acquisition in Shopify’s history 👇

    The acquisition will enable the company to create an “end-to-end logistics” platform

    Twitter avatar for @TechCrunch
    TechCrunch @TechCrunch
    Shopify acquires shipping logistics startup Deliverr for $2.1B tcrn.ch/3ygQKj0 by @Kyle_L_Wiggers
    tcrn.chShopify acquires shipping logistics startup Deliverr for $2.1B – TechCrunchShopify announced that it has acquired shipping logistics startup Deliverr for $2.1B, the largest deal in Shopify’s history.
    12:33 PM ∙ May 5, 2022
    12Likes5Retweets
  • Lumos wants to provide an end-to-end solution for enterprises to manage the SaaS apps their employees use 🛒

    Twitter avatar for @AndrejSafundzic
    Andrej Safundzic @AndrejSafundzic
    Lumos Launched ❤️ We have raised over $30m from @a16z, @neo and @lachygroom to build the AppStore for Companies. 📚 Check out the article: techcrunch.com/2022/05/03/lum…
    techcrunch.comLumos raises $30M to build the AppStore for the enterprise – TechCrunchLumos wants to build the equivalent of Apple’s AppStore for the enterprise. The company today announced that it has raised a total of over $30 million.
    4:27 PM ∙ May 3, 2022
    39Likes10Retweets

Launches, events, and releases

  • Loom 🤝 Productboard

    Twitter avatar for @loom
    Loom @loom
    Introducing Loom + @productboard roadmaps. ✨ Our new @loomSDK integration with Productboard enables product teams to record and embed video walkthroughs directly into their product roadmaps. Take a look at how it works 👇
    5:45 PM ∙ May 4, 2022
    21Likes4Retweets
  • Securely share financial data with Stripe Financial Connections 💳

    Twitter avatar for @stripe
    Stripe @stripe
    Introducing Stripe Financial Connections. 🤝🏦 ✅ Verify bank accounts ⚖️ Check account balances 👤 Confirm account ownership 🧾 Retrieve historical transactions stripe.com/financial-conn…
    4:02 PM ∙ May 4, 2022
    336Likes58Retweets



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LIVE 🔴 from Salesforce Tower, Code = Alpha, ageing like fine wine, and more...
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