Mon.Jun 05, 2023

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Should I Sell for $50m … Or Push On And Try to Build a Unicorn? Especially … Today?

SaaStr

A life poorly lived is a trap Go for it at least once — Jason ✨Be Kind✨ Lemkin  (@jasonlk) May 5, 2023 BusinessInsider had a great story a ways back on Datto’s $1b exit to Vista Private Equity (more on the role of PE in SaaS here ). So much of it resonated with me, especially the story of the CEO’s 10-year journey, and turning down an earlier $100m offer to sell.

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Bonus Clouded Judgement 6.5.23 - Upcoming Liquidity Crunch?

Clouded Judgement

Quick Caveat - I’m no macro expert, but had fun putting together this post. Very open to feedback! Liquidity Liquidity drives markets, and is a term we’ve all heard many times over the last few years. When liquidity pours in, markets generally go up (as it did during the onset of the pandemic). And when liquidity is sucked out, markets fall.

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Growth Slowed Down About 33% On Average For Everyone in Q1

SaaStr

So two recent data analyses across both private and public SaaS companies interestingly showed basically the same thing: for the best SaaS companies, on average, growth in Q1 was down about 33% or so from a year ago. The time periods are different, but they also are sourcing the data at slightly different times. ChartMogul’s data, which we covered in another recent post here , shows data from 1000+ SaaS startups from $1m-$30m ARR in essentially real-time, as they are doing real-time revenue anal

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Giving Things Away for Free Has Helped Me Build a Six-Figure Business

Buffer Resources

When I started my digital marketing company, BDY Consult , seven years ago, I kept running into a problem that’s all too common for mission-driven founders. The customers who I most wanted to serve—small business owners and solopreneurs, particularly in historically underserved communities—could rarely afford my services. I’d hop on a free consultation call with prospect after prospect who was so excited about how I could help them grow—but when it came to talk

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The Executive Guide to Generative AI

Generative AI is taking the world by storm, but the questions that all CEOs, data leaders, and AI leaders are being asked are: What are we going to do about it, and what is our plan? The business and creative possibilities are practically limitless with generative AI. From productivity gains to finding new routes to revenue generation, generative AI is going to radically transform how we work.

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Governments worldwide grapple with regulation to rein in AI dangers

IT World

Ever since generative AI exploded into public consciousness with the launch of ChatGPT at the end of last year, calls to regulate the technology to stop it from causing undue harm have risen to fever pitch around the world. The stakes are high — just last week, technology leaders signed an open public letter saying that if government officials get it wrong, the consequence could be the extinction of the human race.

More Trending

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PMF Survey Template: What Is It and How to Create One?

User Pilot

What is a product-market fit survey ? How do you use a PMF survey template to build one? What’s a good PMF score? If you’re after the answers to these questions, you’re in the right place because that’s exactly what we explore in this article. Let’s get right to it! TL;DR The product-market fit (PMF) survey helps a business measure if its product meets market demand and if it’s good enough that users are ready to pay for it.

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8 Simple Yet Effective Advertising Tips for Your Business

SaaS Metrics

In the bustling marketplace of today’s business world, making a distinctive impression is more crucial than ever. Each brand is competing for the consumer’s attention, fighting for a spot in the limelight. This challenge often leaves businesses scrambling, trying to outshine competitors and make their mark. So, what’s the secret to standing.

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ESG SaaS Platform sentra.world Raises $2 Million Seed Funding

Entrepreneur - SaaS

The fund raised by the company will drive global expansion, platform development, and sectoral intelligence enhancement, serving industrial businesses in India, the Middle East, Southeast Asia, and beyond

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Real-Time Data Analytics: How ERP Systems are Empowering Business Leaders?

SaaS Metrics

Real-time data analytics relates to collecting, processing, analyzing, and interpreting data, just as it is generated. Modern businesses are becoming increasingly dependent on real-time data analytics since market conditions have become so volatile and dynamic, making historical data redundant. This technology is linked to Enterprise Resource Management Systems (ERPs).

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Top Fraud and Payment Trends for 2023: What SaaS Pros Need to Know

Fraud is ever changing – especially for merchants that offer online services and subscriptions. This report outlines the most common types of fraud to look out for in 2023 and offers merchant-reported preferred best practices to help minimize fraud losses. In the report, you’ll find: The scale and type of fraud seen in the global marketplace. How fraud changes based on the size of business.

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The 2022 Effect: A Benchmarking Bulletin

Andreessen Horowitz

When we released a16z Growth’s Guide to Growth Metrics at the end of last year, one of the biggest requests we received from founders was more information about how companies in our dataset were affected by 2022 macroeconomic conditions. We’re … The post The 2022 Effect: A Benchmarking Bulletin appeared first on Andreessen Horowitz.

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Disruptive SaaS Trends: Be An Early Mover

SaaS Metrics

SaaS is gaining popularity as a viable choice for organizations seeking accessibility, functionality, and versatility in a competitive business environment. It eliminates the need for installing and running applications on computer systems and data centers, making it a preferred option. SaaS dominates the cloud computing market, and it is projected that spending.

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EU countries reject plan for big tech companies to fund 5G rollout

IT World

A proposal to have big tech companies that account for heavy internet traffic finance 5G and broadband expansion in Europe is facing criticism from ministers.

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Do PrePaid Cards have a Credit Allowance?

SaaS Metrics

If you have heard about prepaid cards, then you would know that you can load funds into your card and use the card for withdrawals at ATMs or make purchases at retail shops. However, do you have a credit facility if you’re using Prepaid cards? Let’s find out. Do prepaid cards build. Read more The post Do PrePaid Cards have a Credit Allowance? first appeared on SaaS Metrics.

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The Forrester Wave™: AI/ML Platforms: Vendor Strategy, Market Presence, and Capabilities Overview

As enterprises evolve their AI from pilot programs to an integral part of their tech strategy, the scope of AI expands from core data science teams to business, software development, enterprise architecture, and IT ops teams. Enterprises need a platform that can make broader AI teams more productive, implementing more complex use cases and harnessing the fast pace of new AI technologies.

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6 Video Personalization Tips for Scalable Sales Outreach

CloseSaaS

Personalized videos boost sales engagement and give you a competitive edge—but to be effective, they need to scale.

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Everything you need to know about Asana Task Manager!

SmartKarrot

With great power comes great responsibility! Not just for Spiderman, the statement is also very suitable for someone in leadership. From taking business-altering decisions to monitoring the workflows, business leaders have to juggle a lot of things on a daily basis. Are you one and do you want to make your life (work) easier? A robust task management platform is your solution and this is where Asana Task Manager enters into the picture.

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Free Trial Landing Page: Top Examples and Best Practices for SaaS

User Pilot

Creating a compelling free trial landing page is crucial to driving product growth and turning traffic into revenue. That said, crafting free trial landing pages can be deceptively complex. In this guide, we’re going to cover what you should include on a free trial landing page, five best practices to follow, and look at 10 landing page examples to get you started on your journey with some inspiration!

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June 05 – Customer Success Jobs

SmartKarrot

Role: Customer Success Lead Location: San Francisco, CA, United States (On-site) Organization: Vooma As a Customer Success Lead, you’ll take ownership of the entire customer relationship, including onboarding, implementation, training, adoption, retention, and satisfaction. Develop connections to serve as a reliable and strategic advisor to assist maintain the value of Vooma’s goods and services.

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The Hidden Costs of Poor Customer Onboarding

Churn starts within the first 30 days of customers purchasing a product. A lot of it comes down to the first impression customers get through the onboarding process. A poor experience can result in losing current and future customers, and unnecessary overhead. It’s important to know what a poor onboarding experience looks like, the associated hidden costs, and how to build a top-tier onboarding experience for your customers so you can avoid losing hard-earned revenue.