Top all-time · #3370
Sacra
Company blog · sacra.com/researchbusinessstartups
Sacra is the company blog at sacra.com, writing about business and startups. Since 2020, 23 different Hacker News readers have linked it 47 times, most often “Substack: The $19M/year content LVMH”. No feed was found, so read it on the site itself.
Too few sampled comments (14) to say how often HN recommends it.?
Why HN links it
HN readers cite this site's company research pages and reports for revenue, ARR and margin figures on firms such as Cursor, Docker, Gumroad, Epic, OpenAI and Reddit.
Summarised by Claude from a sample of 14 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Sacra is a research platform for private markets, angel and secondary investing. We provide research on pre-IPO, growth stage and early-stage companies.
Most-linked posts?
- Substack: The $19M/year content LVMH3 people · 3 mentions · first linked 2023-04-07
- /research/cursor-at-100m-arr/3 people · 3 mentions · first linked 2025-02-19
- Docker 2.0 went from $11M to $135M in 2 years2 people · 2 mentions · first linked 2023-01-13
- /c/openai/2 people · 2 mentions · first linked 2026-04-10
- The Privately-Traded Company2 people · 2 mentions · first linked 2020-10-02
- /c/reddit/2 people · 2 mentions · first linked 2023-06-09
- Gumroad: The Android of the Creator Economy That Powered $142M in GMV2 people · 2 mentions · first linked 2021-03-04
What Hacker News says?
So, answering my own question, there is this. https://sacra.com/research/cursor-at-100m-arr/ Sounds legit.
Comment linking /research/cursor-at-100m-arr/
on “Grok3 Launch [video]”Submitted Front: The $1.3B Startup Slackifying Email as a story · 160 points
HN discussion> Cursor is the fastest growing company of all time. I assume you're referring to this: https://sacra.com/research/cursor-at-100m-arr/ It went from 10M MRR to 100M
Comment linking /research/cursor-at-100m-arr/
on “Grok3 Launch [video]”Submitted Docker 2.0 went from $11M to $135M in 2 years as a story · 45 points
HN discussionSo it would seem: https://sacra.com/research/cursor-at-100m-arr/
Comment linking /research/cursor-at-100m-arr/
on “Google to buy Wiz for $32B”Submitted WeWork: How the $3.5B Flex Space Giant Is Engineering a Comeback as a story · 19 points
HN discussionI would have assumed the same, but Docker makes ~100m ARR on docker desktop so it’s def not niche. https://sacra.com/research/docker-plg-pivot/
Comment linking /research/docker-plg-pivot/
on “Show HN: Container Desktop – Podman Desktop Companion”Submitted Front: The $1.3B Startup Slackifying Email as a story · 7 points
HN discussionnot sure, but apparently > Cursor is the fastest-growing SaaS company of all time from $1M to $100M in ARR, hitting the $100M milestone in roughly 12 months at the end of 2024—faster than Wiz (18 months), Deel (20 months), and Ramp (24 months). Source: https://sacra.com/c/cursor
Comment linking /c/cursor
on “GitHub Copilot: The Agent Awakens”Submitted Banking-as-a-Service: The $1T Market to Build the Twilio of Embedded Finance as a story · 6 points
HN discussionOff-topic: Does Apple allow you to self host & use on your website their San Francisco font? It appears this site is using San Francisco. https://sacra.com/static/fonts/SF-Pro-Text-Regular.837e72701...
Comment linking /static/fonts/SF-Pro-Text-Regular.837e727014ba.woff
on “Front: The $1.3B Startup Slackifying Email”Submitted ConvertKit at $38M ARR as a story · 4 points
HN discussiona lot of questions in the discussion on what problem this solves . . . rather than thinking about cartaX as a 'private stock exchange'—which is pretty abstract—i think it's easiest to think of it as a solution to the problem of employee, founder and investor illiquidity in private companies. problem: let's break down this problem of shareholder illiquidity generally. - hiring: it's hard for private companies to hire…
Comment linking /research/the-privately-traded-company-secondary-market-liquidity/
on “Finally, a Private Stock Exchange”Submitted Zapier: The $7B Netflix of Productivity as a story · 4 points
HN discussiona plug: we did a research report on gumroad's financials to give potential investors a deeper look at the company: https://sacra.com/research/gumroad-android-creator-economy/ here are 3 key points: 1. gumroad experienced major covid tailwinds. whereas the company's five-year compound annual growth rate is 37%, it grow 94% from 2019 to 2020. they've been profitable since 2017. 2. gumroad's core customer base is creat…
Comment linking /research/gumroad-android-creator-economy/
on “Gumroad raises $5M from Crowd SAFE in first 24 hours”Submitted Which startups let their employees sell stock? as a story · 4 points
HN discussionWhy did reddit choose to charge app developers (causing financial uncertainty) for API requests instead of charging the end-users? Selfishly I almost wish this had been their course of action -- restrict API access to Reddit Gold members, or some such. Reddit Gold is $5.99/month, so 5-6x their average monthly income per user. Hell, they could just make it $2 a month. Source, not sure how reliable: https://sacra.com/…
Comment linking /c/reddit/
on “Reddit is removing moderators that protest by taking their communities private”Submitted Sacra: The Private Markets Research as a story · 2 points
HN discussionThe Netherlands typically accounts for roughly 1.5% to 2% of the global video game market. After applying this share to Epic’s global estimated revenue of $5.7 billion, we can estimate roughly $100 million to $115 million for 2024. 1) Total Estimated Epic Revenue: $5.7 billion https://sacra.com/c/epic-games/ 2) Global Gaming Market: $187.7 billion https://best-of-gaming.be/wp-content/uploads/2024/09/2024_Ne... 3) Th…
Comment linking /c/epic-games/
on “Epic fined €1.1M over manipulating children through in app purchases”Submitted Substack: The $19M/year content LVMH as a story · 2 points
HN discussionRevenue is on metric. Another important metric is gross margin. OpenAI's gross margin is estimated at 33%[0]. They also have to pay Microsoft 20% of revenue. So, for each $1 of revenue: Revenue $1.00 COGS (inference) (0.67) Microsoft (0.20) Gross margin $0.13 That $0.13 must cover "everything else": R&D, payroll, etc., and ideally leave some profit on the table. The problem for OpenAI (and other pure AI companies) i…
Comment linking /c/openai/
on “OpenAI raises $122B”Submitted OpenAI vs. Anthropic vs. Cohere as a story · 2 points
HN discussionAround $135m / year according to this: https://sacra.com/p/docker-plg-pivot/
Comment linking /p/docker-plg-pivot/
on “Podman vs. Docker: Comparing the two containerization tools”Submitted Substack: The $19M/year content LVMH as a story · 2 points
HN discussionRight. Going to take "inference is quite profitable" apart, because there's nothing else in your reply. OpenAI's adjusted gross margin: 40% in 2024, 33% in 2025. Reason cited: inference costs quadrupled in one year. https://sacra.com/c/openai/ Internal projections leaked to The Information: ~$14B loss on ~$13B revenue in 2026. Cumulative losses through 2028: ~$44B. https://finance.yahoo.com/news/openais-own-forecast…
Comment linking /c/openai/
on “Microsoft to Stop Sharing Revenue with Main AI Partner OpenAI”Submitted Zapier's 100x LLM Opportunity as a story · 2 points
HN discussionThat would hilariously low for a social network. https://sacra.com/c/reddit/
Comment linking /c/reddit/
on “Apollo will close down on June 30th”Submitted Scale AI: the $290M/year Mechanical Turk of machine learning as a story · 2 points
HN discussionSubmitted The $82M ARR internal app builder as a story · 2 points
HN discussionSubmitted Airtable: The $7.7B Roblox of the Enterprise as a story · 2 points
HN discussion
