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We’re Looking for the Newest Member of Our Team
Margaret Kelsey | OpenView
There has been a bit of a landrush of late on enterprise companies focused on big data and how best to harness that in the cloud, and today sees the launch of a new fund that will fuel the growth of even more companies working in that space. That has made it easy to raise funds for us. Marcus says that the first investment from the fund is due to be announced next week. It will be in the identity-management space, he says, a company based out of Texas. What else is the fund interested in?
How to Determine Thesis Statement of a Movie Review
A: OpenView is differentiated on three key criteria: sector, stage, and pace. PLG businesses are those companies whose product acts as the primary driver of customer acquisition, retention, and expansion. Think Datadog, Calendly or Expensify. The virality, delightful user experience, and ease-of-use of these products encourages user adoption and enables these businesses to be very capital efficient at high growth rates. We believe businesses with PLG strategies will feature prominently among the top performers in the software landscape for decades to come and continue to invest behind this thesis.
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