As I have been tracking Saul’s port here, I usually inject the current state of each company. I like this rolled up view as it really highlights his focus on high growth “popular” companies (rising # of customers, and that are spending more every year). I thought others might appreciate this view of the state of Saul’s current portfolio, on this down market day on what is a dour rainy day here.
(** = last Q’s numbers as current Q not reported yet)
(^^ = accelerating)
(org = organic, aka not incl recent acq)
Twilio 17.6% rev +68% ^^, $NRR 145% ^^, custs +32%
... new Flex call center platform, acq SendGrid for email svcs
Alteryx 17.2% rev +59% ^^, $NRR 131%
... added Python notebooks and visual dashboarding of workflow
Square 15.2% adj rev +56% org ^^, sub rev +117% org, hardware +74%
... added Payroll app, multi-loc inv tracking, Terminal hardware
Zscaler 11.3% ** rev +54%, billings +72%, $NRR 117%
MongoDB 10.1% ** rev +61% ^^, custs +72%, NER >120%, Atlas +400%
... MongoDB v4 added ACID tx, Stitch serverless platform, mobile ver
Okta 7.7% ** rev +57%, custs +43%, $NRR 121%
Nutanix 7.3% ** sub rev +49%, sub billings +66%, custs +51%
New Relic 6.4% rev +36%, $NRR 124%, >100k custs +34%
... acq CoScale kubernetes monitoring
PayCom 3.1% rev +32%, profitable, targeting larger cos now
Wix 1.8% ** rev ~44%, swung to profit
Trade Desk 1.7% rev +50%, CTV +1000% YoY, mobile vid +98%
... omni-channel focus beyond mobile ads, major int'l sales initiatives
Amarin 0.6% (haven't researched it yet)
-muji (long SQ, TTD, NTNX, ZS, OKTA, TWLO, MDB, AYX)