they say seat-based pricing is dead and every new ai saas company should charge by usage
those usage-based ai products share their big arr numbers
yet 70% of the revenue goes to the model providers and they spend a ton on ads
what they will never tell you is their retention rate and gross margin
and here we have Linear
$100m ARR, 177% NRR
pure word of mouth, sets the bar for great software
this is the golden standard of how traditional saas should navigate through this ai shift without compromising on quality
Today we're announcing our second employee tender offer.
We passed $100m ARR earlier this year and now have more than 40,000 paying customers.
The tender lets our teammates participate in that success at a $2.5B valuation: