There’s no physical law that says you can’t, and I’d suspect there are a few companies who have done so already.
Ask Me Anything: Intercom Chief Strategy Officer and Co-Founder Des Traynor
Intercom
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Our Director of Finance & Analytics https://twitter.com/bobbypinero has since updated me on my claim here. Turns out I was right! Bobby says….
“Xero has done this. At the time of going public they had $167 ACV, $100M in ARR and 371k paying customers.
Wix is another SaaS company that’s lower ACV than Xero and is now over $200M ARR.”