Today we are breaking down the work management software platform monday.com. Founded in February 2012, today <a href="http://monday.com">monday.com</a> has a market cap of over $14 billion. The platform has transformed a simple task management tool to a versatile platform serving numerous industries and use cases. 
I am joined by <a href="https://www.linkedin.com/in/ben-hensman-1a207a34/?originalSubdomain=au">Ben Hensman</a>, Portfolio Manager of the Global Tech Fund at Square Peg. He takes us through the story of monday.com and how they emerged as a winner amidst plenty of competition. There are critical lessons to be learned from its successful expansion into larger enterprise markets. We cover its impressive financial growth, innovative architectural design, and a move into AI. Please enjoy this breakdown of monday.com.

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For the full show notes, transcript, and links to the best content to learn more, check out the episode page<a href="https://joincolossus.com/episode/monday-com-work-%E2%80%A6agement-software/"> ⁠here⁠</a>.
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Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit<a href="https://www.joincolossus.com/episodes">⁠ joincolossus.com/episodes⁠</a>.
Editing and post-production work for this episode was provided by The Podcast Consultant (<a href="https://thepodcastconsultant.com/">⁠https://thepodcastconsultant.com⁠</a>).
Show Notes
(00:00:00) Introduction to monday.com
(00:01:35) The Origin Story of monday.com
(00:02:30) Early Growth and Success
(00:02:57) Product Flexibility and Customer Use Cases
(00:05:14) Transparency, Trust, and Efficiency
(00:12:19) Customer Success Stories
(00:16:00) Expanding into Larger Enterprises
(00:19:12) Innovative Database Architecture
(00:24:11) Sales and Go-to-Market Strategies
(00:36:14) Partner Program and Sales Models
(00:38:46) Net Dollar Retention Trends
(00:44:54) AI's Impact on monday.com
(00:54:40) Financial Performance and Margins
(01:03:22) Market Opportunity and Competitive Landscape
(01:07:30) Valuation and Future Prospects
(01:12:37) Lessons from monday.com

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monday.com⁠: Work Management Software - [Business Breakdowns, EP.217]

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