Wed.Jun 28, 2023

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Why The First Rule You Know About Building Software is Wrong: Rippling CEO Parker Conrad’s Theory of the Compound Startup (Pod 670 + Video)

SaaStr

If there’s one rule almost everyone universally agrees with when building software, it’s that focus is critical. Conventional wisdom says that if you narrow your focus, you can go really deep. Parker Conrad, the CEO of Rippling, disagrees. As a founder of two different compound startups, each valued at above a billion dollars, he’s probably the best person in the world to share this alternative perspective.

Startup 234
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AI will kill these jobs (but create new ones, too)

IT World

Generative artificial intelligence (AI) tools such as ChatGPT are rapidly gaining traction, allowing the technology to be used throughout the enterprise to automate a variety of manual tasks performed by workers today, leading to what's expected to be a major shift in the global job market. In the US and Europe, as many as 300 million jobs could be threatened by some form of AI, according to a March research note by investment bank Goldman Sachs.

AI 108
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Dear SaaStr: What Are The Biggest Lessons You’ve Learned from Failure as an Entrepreneur?

SaaStr

Dear SaaStr: What Are The Biggest Lessons You’ve Learned from Failure as an Entrepreneur? Don’t Fail. I’ve almost failed several times but never actually failed. Why not? Never quit. You can’t fail if you don’t quit. Find great co-founders. If you find truly great cofounders, you always have another card to play. Don’t spend all the money.

Revenue 228
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Experimenting in Marketing: What I’ve Learned Running 25 A/B Tests on Ads for Buffer

Buffer Resources

Just over a year ago, my role at Buffer shifted, and I became a Growth Marketing Manager working on Buffer’s Growth Marketing team. This change happened at a time when we needed to quickly scale how we run experiments to start looking for improvements to their performance.   Experiments are an important component in marketing teams and are a proven method for understanding the causal impact of a change and improving marketing strategy iteratively and quickly.

Marketing 105
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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5 Interesting Learnings from Semrush at $290,000,000 in ARR

SaaStr

So there was a quiet SaaS IPO you may have missed in the craziness of 2021 — SEMRush, a tool your marketing department quite likely uses to keep track of the performance of your SEO and marketing site. Today, Semrush is quietly doing $290,000,000 in ARR, with strong NRR, and growing a very respectful 24% a year … and is worth just $1.2 Billion. It’s tough out there in the public markets, folks. 5 Interesting Learnings: #1.

Scale 214

More Trending

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EU announces specialized testing and evaluation centers for AI

IT World

The European Commission has announced that it will co-fund four testing and experimentation facilities, or TEFs, for AI exploration, in order to support responsible AI development and ease compliance with the EU AI Act, which is in the final stages of approval before being enacted into law. The TEFs will function in both the physical and virtual realms, according to a statement from the Commission this week.

AI 80
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8 User Onboarding Case Studies to Learn From to Improve Your Onboarding Process

User Pilot

Sustaining user engagement throughout the entire onboarding process can feel like a task only large teams can achieve. Introducing core features, driving user activation, and maximizing retention rates after the user onboarding experience will all impact the user journey moving forward. In this guide, we’ll look at eight user onboarding case studies that can provide inspiration for your own onboarding flows!

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Apple warns that UK's Online Safety Bill puts people at 'greater risk'

IT World

Apple has raised its voice against a UK law that will dramatically undermine secure commerce and trust online, warning it could put UK citizens at risk. And Apple is not alone. More than 80 civil society organizations, academics, and experts from 23 nations have warned against the UK government’s decision, which would turn the UK into the first democracy to require routine surveillance of people’s private chats.

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The Dazzling Benefits of Offshore Software Development Teams

TurnKey Labs

I’ll let you in on a secret: Of all of the widely known scarce commodities in the world—oil, gold, lithium, palatable Justin Beiber songs (sorry, bro)—high-quality software developers are the shiny stars at the top of the list. Software has become ubiquitous in the business world, so firms everywhere need to find great engineering talent.

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SaaS: How They’re Turning Payments Into Profit Centers

Discover how top SaaS companies are earning up to $700k + and zero upfront cost with Usio Integrated Payments.

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Streamline Your Sales Teams Deal Onboarding with Nimble’s New Sample Data

Nimble - Sales

We’re excited to announce that Nimble has launched Deals onboarding and sample data to our New Nimble Deals to help you get up to speed quickly. By loading our Nimble Sample Data you can easily visualize what a live deal pipeline and reports look like for an active sales team. Onboarding to a new CRM […] The post Streamline Your Sales Teams Deal Onboarding with Nimble’s New Sample Data appeared first on Nimble Blog.

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Trending Newsletters for CTOs and Software Engineering Leaders to Subscribe to in 2023

TurnKey Labs

As the digital landscape rapidly evolves, staying abreast of digital trends and breakthroughs is no easy feat. Whether you’re aiming to amplify your technological prowess, inspire your team, or simply keep a keen eye on industry developments, you’ll need more than just quick Google searches and ad-hoc articles.

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RTP on Online Slots: An In-Depth Exploration of Their Functionality

SaaS Metrics

The world of online slots is an exhilarating realm filled with spinning reels, captivating themes, and the potential for exciting wins. As you embark on your virtual slot machine adventure, you may encounter the term “RTP” – an abbreviation that holds the key to understanding the inner workings of these digital marvels. Read more The post RTP on Online Slots: An In-Depth Exploration of Their Functionality first appeared on SaaS Metrics.

Metrics 52
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Net Revenue Retention: Its Impact in SaaS + 5 Strategies to Improve Your Ratio

CloseSaaS

In SaaS, customer churn and downgrades interrupt reliable growth—so use the net revenue retention metric to analyze and solve any core problems.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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On-Site vs Remote IT Support

SaaS Metrics

Like any business in the modern world, technology plays a vital role in your daily operations. But when technical issues arise, they can be a major disruption to your workflow. That’s where IT support comes in. IT support is essential to keep your business running smoothly, ensuring your technology is up-to-date, functional, Read more The post On-Site vs Remote IT Support first appeared on SaaS Metrics.

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Construction Management: A Definitive Guide

Teamgate

Construction management is a critical aspect of any construction project, be it building a home or erecting a skyscraper. It involves the planning, coordination, and control of all aspects of the project from the design phase to completion.

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4 Tech Tips to Keep the Temperature and the Bills Down in Your Place of Business

SaaS Metrics

If you run a business of any size, you will need a cooling solution to keep the temperatures down during the summer months. Even if the business in question is located in Alaska, North Dakota, or any of the other cold states, hot spots like restaurant kitchens and manufacturing plants will still. Read more The post 4 Tech Tips to Keep the Temperature and the Bills Down in Your Place of Business first appeared on SaaS Metrics.

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Benefits of Construction Management Software

Teamgate

Managing a construction project, whether big or small, can be a daunting task. One missed step could easily throw the entire project off track and lead to delays, cost overruns, and other headaches. However, thanks to advancements in construction management software (CMS), these concerns are becoming a thing of the past.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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8 CRM Challenges Faced by Key Account Managers Today!

SmartKarrot

A key account means one of your business’ most valuable customers. How do you determine a client’s value to your company? While the term value is subjective, you can use a few parameters to recognize these customers, such as: They tend to recommend your business to new prospects The lion’s share of your revenue is from them They give your corporation credibility in the market After identifying these clients, you need to adopt an effective key account management strategy in order to cultivate mut

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How to Measure Customer Experience ROI and Optimize Your CX Program

User Pilot

Justifying improvements to CX without measuring your customer experience ROI can be hard. You need to prove that you’re making a difference and that metrics like customer retention are improving. This article will help you measure your ROI of customer experience and optimize your CX program. TL;DR Customer experience ROI is the financial value made from customer experience improvements.

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How Retailtechs can deliver transparency for clients on multi-channel shopping

Panintelligence

There are an estimated 12 million – 24 million eCommerce sites across the entire globe, with more being created every single day. To get a slice of this market share, retailers are constantly expanding the platforms they sell on, with platform such as Shopify currently being the most popular. But new media such as TikTok Shop are growing in popularity, with this platform being named the highest grossing non-game app.

Data 52
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HubSpot Surveys: An In-Depth Review

User Pilot

Are HubSpot surveys any good? This is the key question we answer in our in-depth review. To be more specific, we look at the different types of surveys you can create in HubSpot, how to do it as well as their pros and cons. Finally, we explore how you can leverage them to collect actionable customer feedback. Let’s get right to it. TL;DR HubSpot surveys are one of HubSpot’s customer feedback tools , allowing you to collect feedback and gain insights into customer needs.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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US weighs further restrictions on chip exports to China

IT World

The Biden administration is reportedly considering placing new restrictions on the export of AI chips to China, in a move that could specifically target products previously compliant with the rules.

AI 72
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17 In-app Marketing Strategies To Improve Product Adoption and Drive SaaS Growth

User Pilot

With solid in-app marketing strategies, you’ll keep users engaged, help them experience your product’s value, and increase long-term retention. But the big question remains: how do you know what in-app communication to implement and when to trigger them in the user journey? This article provides an answer. Read on to find 17 practical strategies you can begin implementing right away.

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Of Moats and Moat Busters

Crafty CTO

I did a micro-post recently, MosaicML’s Open Source MPT-7B Model Writes an Epilogue to The Great Gatsby. I was a bit puzzled, though, that MPT-7B was showing up as current news, since its release happened in May. I started pulling on that thread and it unravelled interestingly. MosaicML MPT-30B and MPT-7B Models First off—it wasn’t the MPT-7B model that was the news over the past week, it was MPT-30B , announced June 22nd. 30 stands for 30 billion parameters, up from 7 billion

ChatGPT 52
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Userlane vs LouAssist vs Userpilot – Which Is Best for Your SaaS?

User Pilot

Userlane, LouAssist, or Userpilot – which is the best tool for your SaaS platform? To help you answer this question, we compared each tool’s use cases, features, pricing, reviews, and pros and cons. Surely, review sites also provide such comparisons. But they just scratch the surface and leave a lot of questions still unanswered. After reading this article, you’ll be able to decide which tool works best for user onboarding , product adoption, and customer feedback.

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How Investors & Strategic Buyers Evaluate Integrated Payment Strategies

Explore how integrated payment strategies impact investor and buyer evaluations. Payments are more than a feature — they’re a key to long-term success and market differentiation. They help SaaS companies offer seamless user experiences and efficient operations. Investors and strategic buyers assess these integrated payment strategies as a measure of a company's growth potential and sustainability.