Thread by @gonsanchezs

Yesterday @TechCrunch reported some @efounders portfolio numbers.

🤑 $1.5b valuation
📈 ~$120m ARR
💸 $148m raised in 2020 (!)

I'm a fan of the @efounders model (and the workshops in their Paris office) and I think that's only going to grow from here.

@efounders started in 2011 and since then they've launched 25 companies.

They do exclusively B2B SaaS apps that solve workplace problems – "We build the future of work."

Some winners @Mention @sliteHQ @FrontApp @Spendesk @aircall

The cool thing about @efounders is their repeatable playbook.

1/ Identify a work problem
2/ Pick a great founding team (CEO + CTO)
3/ Help the team build a product, recruit and grow for 12 months
4/ Raise a Series A ($1-2m)
5/ Team moves out and becomes independent

These numbers work because @efounders recruits 2-people founding teams.

Before Seed: equity split evenly among founders (including @efounders)
After Seed: founders get same equity as if they were 3 cofounders after raising a Seed.

Plus, doing only B2B SaaS means that their portfolio revenue is *exclusively* recurring revenue.

Last year @TechCrunch reported $107m ARR but since then, companies liek @FrontApp and @aircall raised and grew quite a bit.

Slow but compounding.

They are slowly building a community – with 25 companies in their portfolio they are starting to see scale:

- Attract talent & capital
- Transfer credibility
- Share knowledge and best practices

Network isn't huge their narrow focus means they don't need that many nodes.

Finally, the pandemic has worked wonders for them.

Their companies are perfectly positioned to capture the new demand generating by companies going remote and moving collaboration online.

10 years in 5 weeks. Long @efounders 🚀