Sat.Oct 29, 2022

article thumbnail

Sales Efficiency through Covid : Reading the Tea Leaves for Startups

Tom Tunguz

In 2017, SaaS companies reported their cost of customer acquisition had increased by 65% in the previous five year period. What happened to these figures during Covid? We can examine the sales efficiency of public software companies to get a sense. Since 2016, the average public software witnessed its sales efficiency winnowed from 52% to 47%, a decline of about 10%.

article thumbnail

Ops Folks Build Smart Financial Models. But They Are Often Dangerous.

SaaStr

So I’ve seen a trend among many startups these days which is to sort of have a VP or Director of Business Ops instead of a VP / Director of Finance. They handle the cash too, but also go deep on the business in a way a “finance person” usually simply can’t. These folks often come from strategy consulting or banking backgrounds. And they are often great hires, often very smart.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Best Screen Recording Software For PC (2023) – Free & Paid

How To Buy Saas

You need screen recording software when you’re trying to make a video of what’s on your computer screen—perhaps to send to tech support or to create a tutorial for YouTube. A screen recorder lets you record video, audio, and even your webcam all at once. But that’s not the only thing you can do with a screen recorder. Did you know you can make game recordings a lot more fun with a screen recorder?

article thumbnail

Dear SaaStr: What Is a Fair Amount of Equity for a Late Co-Founder?

SaaStr

Dear SaaStr: What Is a Fair Amount of Equity for a Late Co-Founder With 2 Original Founders? The “late” co-founder seems more and more common to me these days. I call them ex post facto co-founders. And they are wonderful. You absolute can find a just epic co-founder later. There is no rule or law that it has to be on Day 0. If in your first year or two, you can often grab someone with such great commitment and such great management skills that they are a co-founder in all senses except when t

article thumbnail

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.