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Clouded Judgement 3.8.24 - 2024 Guides

Clouded Judgement

Subscribe now 2024 Guides - Are they Conservative? So far we’ve got a number of full year 2024 guides. They did call out a couple one time benefits they saw in 2023 they don’t expect to see in 2024. They don’t expect that aggregate $80m of revenue from 2023 to repeat in 2024. below consensus).

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Nick Mehta, CEO of Gainsight, and Jason Lemkin, CEO of SaaStr: Answer Your Top 10 2024 Customer Success Questions

SaaStr

In 2024, for customer success in SaaS, what’s “good” NRR? While we recently held a live workshop on what will change for Customer Success in SaaS in 2024 with Jason and Nick , we ran out of time to answer some of the top questions both get and what their answers would be now in 2024. What’s a “good” NPS?

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5 Predictions about the Future of Customer Success in 2024 with Gainsight CEO Nick Mehta and SaaStr CEO Jason Lemkin

SaaStr

Now, in 2024, we’re in the age of efficiencies, and we’re rethinking whether we should put more people on it or tolerate more churn and issues because we want to be cash flow positive. We still want to drive retention and growth and make money. No one would disagree that retention and expansion are important.

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Top 10 Trends for Data in 2024

Tom Tunguz

At the IMPACT Summit yesterday, I shared our Top 10 Trends for Data in 2024. The Semantic Model Becomes a Must-Have: Semantic models unify a single definition across an organization for a particular metric. LLMs Transform the Stack : Large language models transform data in many ways. Second, they change the way that we manipulate data.

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The top 9 customer success metrics for 2024

ChurnZero

Metrics are the language of business. Metrics are the key to aligning with finance , proving value to your leadership and of course understanding the health of the business. So what metrics are customer success teams tracking as we move into 2024? Net revenue retention (NRR). Gross revenue retention (GRR).

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AI Spending Patterns : It's Not What You Think

Tom Tunguz

Both the companies with negative account retention still see relatively minor account churn : 15-25% account churn at these price points is common. The top quartile software companies around 125% today & the companies above are very similar with a median of 129% net dollar retention (NDR). NDR is almost equal.

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Clouded Judgement 10.13.23 - 2024 Budget Expectations

Clouded Judgement

So while it’s good to see broth expectations pick up for 2024, the current expectations would still be below the long term annual growth average. Given most software companies are not profitable, or not generating meaningful FCF, it’s the only metric to compare the entire industry against. next year, up from 2.7%

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