How many software companies really make it big, at least in terms of revenue? McKinsey analyzed more than 3,000 software and online-services firms from a 22-year period, finding that fewer than a third reached $100 million in revenue growth. Only a handful of companies reached the elusive $4 billion mark.
The Myth of the High Growth Software Company
A chart shows how few ever reach $100 million.
May 01, 2015
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Case Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Make your next business case more compelling.