Samsara IPO breakdown — the continuous cycle of an entrepreneur’s journey

“If you want to know your past life, look into your present condition; if you want to know your future life, look at your present actions”

The Wheel Of Life — the Buddhist visualization of the Samsara
Source: State of the IoT 2020
Source: Samsara website
Source: Samsara S-1 IPO Prospectus

“We are helping drive the digital transformation of physical operations by enabling organizations with fleets, equipment, job sites, and mobile employees to connect real-time data from their physical operations on one platform. Our solution lets organizations capture data from our IoT devices and a growing ecosystem of connected assets and third-party systems so that they can access, analyze, and act on key insights to improve end-to-end operations. Our solution consists of our Connected Operations Cloud, together with a suite of easy-to-install, ruggedized IoT devices that capture data from offline assets and connect them to the cloud.”

Source: S-1

“The average age of a successful entrepreneur in high-growth industries such as computers, health care, and aerospace is 40. Twice as many successful entrepreneurs are over 50 as under 25”

“In terms of what happens next: this week our job is the same as it was last week — to build amazing products and deliver them our customers. We will also continue to operate as a separate company until the acquisition closes, which we expect before the end of Cisco’s fiscal quarter. The plan is for employees to transfer from Meraki to Cisco.

My apologies again for having to send out email about something so important to all of us. We will plan to cover our plans in more detail at tomorrow’s event, which is being rescheduling for 10:00am at the new facility and on WebEx (three hours earlier than originally planned). AJ/Kathy will email out more details about logistics this afternoon.”

“It was amazing to watch the founders grow into leaders”.

Source: Samsara website
Source: S-1
Source: S-1

“dollar-based net retention rate as of a period end by starting with the ARR from the specified cohort of customers as of 12 months prior to such period-end, or the Prior Period ARR. We then calculate the ARR from these same customers as of the current period-end, or the Current Period ARR. Current Period ARR includes any expansion, and is net of contraction or attrition over the last 12 months, but excludes ARR from new customers in the current period, as well as any ARR associated with paid trials. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the point-in-time dollar-based net retention rate. We then calculate the weighted average of the trailing 12-month point-in-time dollar-based net retention rates, to arrive at the dollar-based net retention rate”

Source: Jamin Ball
Source: S-1
Source: S-1 and author’s analysis
Source: author’s analysis
Source: author’s analysis
Source: IPO Prospectus; author’s analysis

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