Former principal designer at Airbnb and first designer at Coinbase. Founded Linear in 2019, building a developer-focused issue tracking tool. Advocates for slow hiring, quality over speed, remote work, and 40-hour weeks.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Linear has raised only ~$70-80M across three rounds, reached default alive within two years, and doubles revenue annually with a tiny team (120 people at $10-15M ARR at Series B), prioritizing employee upside via measured valuation growth over momentum fundraising.
Karri Saarinen selected Sequoia for Linear's first two rounds because they align with a long-term, patient approach and don't pressure for markups; he deliberately chose a less experienced partner who would work harder to prove herself.
Linear chose Excel for Series B and C because they are a large, established firm that doesn't care about markups and simply wants the company to be best-in-class in its market.