Great post of Christopher Janz, managing partner of PointNine Capital, on 5 ways to build a 100 million dollar business.
To build a Web company with $100 million in annual revenues*, you essentially need:
- 1,000 enterprise customers paying you $100k+ per year each; or
- 10,000 medium-sized companies paying you $10k+ per year each; or
- 100,000 small businesses paying you $1k+ per year each; or
- 1 million consumers or “prosumers” paying you $100+ per year each (or, in the case of eCommerce businesses, 1M customers generating $100+ in contribution margin** per year each); or
- 10 million active consumers who you monetize at $10+ per year each by selling ads
He added 3 more ways in this post.