Mon.Jun 05, 2023

article thumbnail

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.

Banking 352
article thumbnail

The AI API : The Twilio Moment for Machine Learning

Tom Tunguz

90% of startups have plans or have released an AI feature, 54% of those features will launch in 2023, but only 30% of companies are hiring new people to do it, according to ProductBoard’s survey. These figures highlight three points: AI has become an essential product component for most software companies. Startups have aggressively prioritized these features on their roadmaps with 54% launching a feature this year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Cloud 307
article thumbnail

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.

article thumbnail

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?

article thumbnail

Users unable to access Outlook, Teams in another M365 outage

IT World

Microsoft on Monday saw its SaaS-based Office software suite suffer an outage for the seventh time this year as users faced issues with Outlook Web, Teams, OneDrive for Business, and SharePoint for over eight hours. “We’re reviewing our networking systems and recent updates in an effort to identify the underlying root cause of the issue. Additional information can be found in the admin center under EX571516,” Microsoft said in a tweet.

More Trending

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

With Vision Pro, Apple shows computing's future. But who's it for?

IT World

Tomorrow belongs to somebody, but Apple’s much-talked-about mixed-reality device, Vision Pro — unveiled Monday during a glitzy presentation at the company's Worldwide Developers Conference — won’t ship until early 2024. And at $3,499 a pop, each one costs the same as several Meta Quest systems. There's absolutely no denying that the technology used in the Vision Pro is super-sophisticated; these systems truly are, as Apple said, “the most advanced personal electronics devices ever.

article thumbnail

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.

article thumbnail

SaaS Conversion Funnel: How to Track & Drive Growth

User Pilot

The SaaS conversion funnel adapts the traditional marketing funnel to the unique B2B SaaS environment. The SaaS funnel was designed to help SaaS business owners navigate the tricky world of a high-churn, often oversaturated B2B market. It helps companies identify areas of strength/weakness in their marketing approach and accelerate product growth. This article digs into the SaaS conversion funnel and explores how it differs from traditional funnels.

SaaS 79
article thumbnail

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.

Finance 67
article thumbnail

Building and Scaling a B2C SaaS Business

SaaS Metrics

Ready to step into the world of B2C SaaS, where building a successful business is as much about the product as it is about marketing? It’s a cutthroat arena where only the sharpest minds and the boldest innovators thrive. But there’s no need to worry, for there are patterns you can emulate. Read more The post Building and Scaling a B2C SaaS Business first appeared on SaaS Metrics.

B2C 52
article thumbnail

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

SaaS 52
article thumbnail

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.

article thumbnail

Importance of Annual Contract Value (ACV) in SaaS

SaaS Metrics

What is Annual Contract Value (ACV)? SaaS businesses need real-time information depicting the current revenue health of the business, allowing them to set goals and take maneuvers accordingly. ACV is a metric that gives insights into the revenue cycle over a span of time, usually one fiscal year. The focal point of. Read more The post Importance of Annual Contract Value (ACV) in SaaS first appeared on SaaS Metrics.

SaaS 52
article thumbnail

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.

Scale 52
article thumbnail

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.

article thumbnail

Crafty CTO - Untitled Article

Crafty CTO

Sloppy Apple Keynote Observations Part 2: Vision Pro Pre-keynote expectations are to Vision Pro reality as “front screen will show googly eyes” is to the actual EyeSight feature This product shows the degree to which Apple is the anti-Meta The heavyweight first-gen feel of this reminds me of the first iPad. A super solid chunk. The theater experience–want. 23M pixels per eye in a postage-stamp-size display.

Revenue 40
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.

article thumbnail

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).

Data 52
article thumbnail

Crafty CTO - Untitled Article

Crafty CTO

Sloppy Apple Keynote Observations Part 1: Everything Except Keynote video: Apple blew out the audio levels on interstitial music. Very off brand. New Mac Pro: I was very amused when, as Apple talked about this beast having 7 PCIe slots and mentioned what you’d use them for, they skipped one little item … GPUs. “Let’s ignore generative AI and it’ll go away.”" iOS 17 Stickers is a terrible name, but I think this will be a great feature–like iOS’s

article thumbnail

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.

Trends 52
article thumbnail

Social Selling Mastery: Boost Your Sales Today

Teamgate

In today’s digital world, social media has become one of the most powerful tools for businesses to connect with their prospects and clients. Social selling is the art of using social media to build and strengthen relationships with potential customers, and ultimately convert them into paying clients.

article thumbnail

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.

article thumbnail

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.

Metrics 52
article thumbnail

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.

article thumbnail

The Role of VPN in SaaS Implementation

SaaS Metrics

Virtual Private Networking (VPN) has become one of the most important technologies in the recent years, primarily owing to concerns for privacy and accessibility. However, the role of VPN has increased in the case of Software as a Service (SaaS) application’s implementation as well. Since VPN facilitates access control features, it allows. Read more The post The Role of VPN in SaaS Implementation first appeared on SaaS Metrics.

SaaS 52
article thumbnail

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.

article thumbnail

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.

article thumbnail

Storing and Organizing Customer Data in Sales: Crucial for Success

yoursales

Storing and Organizing Customer Data in Sales: Crucial for Success In the ever-evolving world of B2B sales, storing and organizing customer data is made difficult by the exponential growth in information volume and complexity. As a result, it has become a paramount concern for sales teams and their organizations. This article is part of the series where we identify the top 5 problems sales leaders want Customer Relationship Management (CRM) systems to solve, what those problems really are, and t

Data 86
article thumbnail

Safeguarding Success: The Vital Role of Cybersecurity in the Insurance Industry

Valerian Tech

Introduction In today's digitally connected world, cybersecurity is a top concern for businesses across all sectors, and insurance companies are no exception. With the rising frequency and sophistication of cyber threats, safeguarding sensitive customer data and protecting against potential breaches is of paramount importance. In this blog post, we will explore the different dimensions of cybersecurity for insurance companies.

article thumbnail

Unprompted: The AI marketing podcast 

Unbounce

Imagine, for a moment , that you’re a marketer in the late ’90s. The internet has just started to take off. It’s exciting, it’s terrifying, and you’re not quite sure if you’ll be replaced by a dial-up modem or a dancing baby GIF. But it’ll definitely be one of those two things. Take whatever you want—just don’t hurt our careers! Fast forward to today, and we’re facing a similar paradigm shift in marketing—only this time, it’s artificial intelligence (AI) that’s causing the existential panic.

AI 52