Slowly

Just a couple of weeks after announcing $22 million in fundraising, Paris-based startup studio Hexa is expanding beyond its studio model to partner with later stage companies that have already found product-market fit. In 2012, Y Combinator co-founder Paul Graham wrote an essay called ’Startup = Growth’. According to him, instead of growing revenue by a certain amount, startup founders should focus on a target growth rate and reach that target. Another reason why focusing on a growth rate can be helpful is that a company grows exponentially if it can maintain the same growth rate over time. While Hexa is better known as the startup studio that spawned some successful B2B SaaS startups like Front, Aircall and Spendesk, this isn’t the first time Hexa is looking at later stage companies.