Does it matter, within reason, how fast you get to $1B ARR? Maybe not. For the best at least, there appears to be almost no correlation between market cap after $1B ARR ... and relative speed to $1B ARR. Palantir was the slowest of this elite group of 8 to hit $1B ARR. Today, it's worth the most, at $375 Billion. -Snowflake (fastest, 9 years): $65B value -Shopify (12 years): $108B value -Palantir (slowest, 17 years): $35B value Getting to $1B ARR matters. How fast though? That's murkier. ▶️Shopify (12 years) is worth more than Snowflake (9 years) ▶️Palantir (17 years) is worth more than HubSpot (15 years) Market timing, TAM size, and business model matter more than speed to $1B ARR. Figma's patient approach (13 years) with profitability may prove more valuable long-term than pure speed. Figma certainly in the end didn't lose anything being more patient.