Jason Lemkin, GP @ SaaStr
Palantir achieved 93% YoY growth at $7.7B ARR with 157% NRR and a 155% Rule of 40 score—metrics previously unseen at scale in enterprise software. The analysis extracts five founder lessons: deceleration is not inevitable at scale when riding platform shifts; expansion from existing customers drives growth more than logos; GAAP profitability paired with growth is now the market expectation; backlog growth predicts future revenue; and focused land-and-expand from one workflow scales across P&Ls.
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Topics: Enterprise Software
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