A Rule of 40 heatmap by quarter from Q3 2023 to Q4 2025 for Formlabs, 3D Systems, and Stratasys. Formlabs climbs from negative scores into the green 25 to 49 percent range, while 3D Systems stays deeply negative and Stratasys hovers near zero.

Does the Rule of 40 Work for Hardware?

I've written about the Rule of 40 since 2015, and it's now gospel in SaaS. Does it mean anything for a company that makes physical things? Yes - but you have to read the curve, not the snapshot.

June 15, 2026 · 5 min · Brad Feld

Formlabs Covid-19 Support Network

My friends at Formlabs have launched a Formlabs Covid-19 Network and are working on numerous 3D printable solutions for the crisis. As of this morning, 800 people have already signed

March 24, 2020 · 1 min · Brad Feld

Oblong + Looking Glass 2D to 3D Magic

In the super cool thing category, it’s always fun to see two companies we are investors in easily put together a demonstration of the integration of their products. Oblong is

May 7, 2019 · 1 min · Brad Feld

Formlabs Form 3, 3L, and Digital Factory

Formlabs Digital Factory is happening on May 7th, 2019. If you are into 3D printers, this is shaping up to be a key event of 2019. The speaker list is

April 12, 2019 · 1 min · Brad Feld

Formlabs $35 Million Financing

We just led a $35 million financing at Formlabs. In case you were wondering, lasers are super cool. In 2010, when we invested in MakerBot, the maker movement was just

August 4, 2016 · 3 min · Brad Feld