Business Model Churn cloud efficiency Metrics 
SaaStr
JULY 5, 2023
But those accounts grow dramatically over time, and don’t really churn. High NRR is magical, but NRR as a metric isn’t a GAAP metric. And here you can see the magic in Mongo’s business model. Still, they waited, and they have one of the highest public multiples in SaaS and Cloud.
SaaStr
JULY 24, 2023
Folks pulled usage down as much as they could to save money, although logo churn remained low. Are we near or past the lows in SaaS and Cloud buying patterns? . #5 High NRR is magical, but NRR as a metric isn’t a GAAP metric. Here you can see the magic in MongoDB’s business model. But you know what isn’t?
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