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Saastr
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Dear SaaStr: What Is The Shortest Time It Took for a Startup to Go From Launch to IPO?
- Lotus Software, known for Lotus 1-2-3, went from concept/launch to IPO in the same year.
- Lotus 1-2-3 sold $50 million in software in its first year on the market.
- The company IPO'd later that same year of its launch.
- Today, the average SaaS company takes 13.6 years to go public.
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