Tue.May 18, 2021

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Top 4 SaaS Valuation Metrics at Different Growth Stages

OPEXEngine

According to Bessemer ’s State of the Cloud 2021 as of this January, there were a total of 527 private unicorns (a unicorn is a private company with a valuation over $1B), with a total cumulative value of more than $1.9 trillion dollars. According to CBInsights, as of May 2021, that number reached almost 700 unicorns worldwide. Just six Cloud companies listed on the Bessemer Nasdaq Cloud Index each are valued at over $100B, and together currently represent a market capitalization well over $1t

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DreamHost Review

The Daily Egg

DreamHost is an award-winning web hosting service. It hosts over 1.5 million sites and is one of just four hosting services that WordPress endorses. So you can imagine that DreamHost does a pretty great job of hosting sites for its 400,000+ members. DreamHost has been hosting for over 20 years. It’s no surprise that it […]. The post DreamHost Review appeared first on The Daily Egg.

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Dear SaaStr: How Much (what %) of Revenue (ARR) Comes From Renewals in a SaaS Company?

SaaStr

After the early days — most. Of course, it varies. But one thing that is almost always true, is you get more renewals, more upsells, and more net revenue retention from your largest customers. Squarespace is almost all not just SMB, but self-service. Their new revenue retention is about 85%. HubSpot is almost all small businesses, but at a higher price point ($10k) that is sold directly and through channel partners.

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HostGator Cloud Review

The Daily Egg

Speed and uptime are a cloud hosting service’s priorities. HostGator Cloud aligns its hosting service with these priorities that website owners have come to expect from cloud hosting. And it does so at an affordable level. With plans starting as low as $4.95 per month with introductory pricing, small websites and businesses can benefit from […].

Cloud 294
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Beyond the Basics of A/B Tests: Innovative Experimentation Tactics You Need to Know as a Data or Product Professional

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.

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Conversational support is business critical – insights from Forrester research

Intercom, Inc.

It’s no secret in tech that everyone is a big fan of their own work. Self-belief isn’t optional. To start a startup, to take on incumbents, to disrupt an industry – all of this requires believing that you see things changing. Believing that you have something truly new to offer. Believing that customers who try it will see better results. And you need to tell everyone, all the time.

Scale 210

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NFT Virtual Summit: The Videos

Andreessen Horowitz

Non-fungible tokens (NFTs) have energized the crypto world in the last six months, bringing new creators, collectors, fans, and participants to the space and spotlighting the underlying blockchain technology. This explosion of artistic, cultural, and entrepreneurial energy is beginning to … The post NFT Virtual Summit: The Videos appeared first on Andreessen Horowitz.

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How to Grow a Successful CRO Program

Neil Patel

Your website can be your strongest sales asset or your weakest link. A high-converting website works even when you’re sleeping, bringing in sales and growing your business 24 hours a day. While the average conversion rate is around two to five percent , some of the highest performing websites online see conversion rates as high as 11 percent. This means top advertisers are outperforming competitors by more than double.

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Building Startup Sales Teams: Tips For Founders

OnStartups

First off, just to be clear, I’ve never been a sales person. I’ve never even played a sales person on TV. All the points below have been pulled from startup sales teams that I think work pretty well (including the team at CRM software company, HubSpot). Building Startup Sales Teams. 1. Don’t hire sales people too early. In the early days, the founders should be able to sell (and should be selling).

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When to Target Low Search Volume Keywords

Neil Patel

Going after the “low-hanging fruit” is common advice in the SEO world. Ranking for those terms will help you rank for bigger terms down the line, at least that’s the standard belief. Do you think that’s true? There might be some truth to it, but there are many reasons to target low search volume keywords whether your site is brand-new or well-seasoned.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Allyship in Post-Woke America

Sales Hacker

So you’ve read White Fragility and Youtubed every TED Talk on diversity. But one question persists: What am I really doing to meaningfully impact culture? Am I an effective ally or just… a well-read bystander? (Ok, that’s 2 questions. Thanks for being cool about it.) In this session, Chaniqua (Nikki) Ivey dives into 3 elements of effective allyship: Start.

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SaaS Conversion Funnel: How to Track and Optimize Your Funnel

Baremetrics

Working to acquire, qualify, and convert leads is a critical part of SaaS business success, whether you’re a startup or an established enterprise. Trying to balance multiple efforts for marketing, sales, and retention can be extremely challenging. It’s most helpful to organize your efforts using a well-constructed SaaS sales conversion funnel. When marketing a subscription business, you face even more challenges, like balancing retention and acquisition efforts, identifying new features that you

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Navint and RightRev partner to address need for complex revenue recognition and reporting automation required to optimize lead-to-revenue practices and platforms.

Navint

Denver – May 14, 2021 – Navint, an advisory and technology firm that helps organizations drive growth and operational efficiency across the lead-to-revenue (LTR) lifecylce, and RightRev, an Automated Revenue Recognition solution embedded within the Salesforce Revenue Cloud Platform, today announced a partnership to further enable the unique business process and technology needs of companies.

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Top 4 Customer Segmentation Metrics

Baremetrics

"Every customer is the same." It's that kind of thinking that's tanked many businesses over the years. Think about it—do you know your customers' preferences? Buying habits? Transaction history? What about purchasing behavior or favorite online channels? Customer segmentation is a must—because all customers are not the same. The Baremetrics customer segmentation tool helps you divide your customers by any metric you choose.

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How to Build an Experimentation Culture for Data-Driven Product Development

Speaker: Margaret-Ann Seger, Head of Product, Statsig

Experimentation is often seen as an aspirational practice, especially at smaller, fast-moving companies who are strapped for time and resources. So, how can you get your team making decisions in a more data-driven way while continuing to remain lean and maintaining ship velocity? In this webinar, Margaret-Ann Seger, Head of Product at Statsig, will teach you how to build an experimentation culture from the ground-up, graduating from just getting started with data-driven development to operating

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How Data-Driven Recruiting Helps Sales Leaders Make the Right Hire with Mike Levy

Sales Hacker

On today’s episode of Sales Hacker podcast, we have Mike Levy of TitahHouse, a transparent and effective platform, loaded with in-depth career and job intelligence, exclusively designed to connect tech-focused sales professionals with their next great position. Mike is a career salesperson turned co-founder and CEO and he’s got a really inspiring story to share with us.

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Bio Eats World: The Trials of Clinical Trials

Andreessen Horowitz

On the path from scientific discovery to new drug, the clinical trial is a huge — and critical — hurdle. Clinical trials are themselves experiments, and to … The post Bio Eats World: The Trials of Clinical Trials appeared first on Andreessen Horowitz.

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Why Product Leaders Fail

Casey Accidental

I’ve yet to meet a fellow Chief Product Officer or Head of Product say, “yeah, I’m crushing it right now.” In my conversations with fellow product leaders, there’s even a meme that’s started to form around product leadership roles. Effectively: “Yeah, you just try to put some points on the board before you inevitably get fired.”. So, if a typical CPO feels their role is about trying to survive a couple of years i.e. long enough to help the business a little bit, what is causing that?

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Customer Segmentation Benefits to Optimize Your Marketing Strategy

Baremetrics

You have to know your customers to market your product. But to market most effectively, you have to target subsets of those customers and hone in on their specific needs. That is the power behind customer segmentation. It is a strategy that starts with grouping customers by certain characteristics. Baremetrics can help you develop this strategy. Baremetrics actually has a feature built directly into the product that will do customer segmentation for you.

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How To Package & Price Embedded Analytics

Just by embedding analytics, app owners can charge 24% more for their product. How much value could you add? This framework from Software Pricing Partners explains how application enhancements can extend your product offerings. You’ll learn: How to take a disciplined approach to pricing The three elements of the Packaging Decision Framework Ways to structure your new embedded analytics offering Download the White Paper to learn about How To Package & Price Embedded Analytics.

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Popmenu Secures Product Market Fit Pre-COVID, Growth Soars

Chart Mogul

Next up on the SaaS Open Mic Podcast is Brendan Sweeney, CEO and Co-Founder of Popmenu, a restaurant technology company. Popmenu’s SaaS offering helps restaurants attract, delight, and retain regulars at a time when big tech food delivery services are crushing food favorites. Their product helps restauranteurs showcase their inventory, their creativity, the quality of ingredients, … Next up on the SaaS Open Mic Podcast is Brendan Sweeney, CEO and Co-Founder of Popmenu , a restaurant

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Why You Should Use WordPress Comment Plugins on Your Blog

SaaS Metrics

Are you a blogger, and you’re unsure whether you should use the native WordPress commenting system or a third-party comment plugin? If your answer to this is yes, then this article is particularly for you. In this article, you will learn why you should use a WordPress comment plugin on your blog. Read more. The post Why You Should Use WordPress Comment Plugins on Your Blog first appeared on SaaS Metrics.

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Popmenu Secures Product Market Fit Pre-COVID, Growth Soars

Chart Mogul

Next up on the SaaS Open Mic Podcast is Brendan Sweeney, CEO and Co-Founder of Popmenu, a restaurant technology company. Popmenu’s SaaS offering helps restaurants attract, delight, and retain regulars at a time when big tech food delivery services are crushing food favorites. Their product helps restauranteurs showcase their inventory, their creativity, the quality of ingredients, … Next up on the SaaS Open Mic Podcast is Brendan Sweeney, CEO and Co-Founder of Popmenu , a restaurant

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Building Startup Sales Teams: Tips For Founders

OnStartups

First off, just to be clear, I’ve never been a sales person. I’ve never even played a sales person on TV. All the points below have been pulled from startup sales teams that I think work pretty well (including the team at CRM software company, HubSpot). Building Startup Sales Teams. 1. Don’t hire sales people too early. In the early days, the founders should be able to sell (and should be selling).

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6 Reasons Why Your Integrated Payments Strategy Could Fail

If you're in the software industry grappling with integrating payments into your business model, understanding where others have stumbled can be a game-changer for your revenue goals. Discover 6 key reasons behind the struggles many face. The challenge goes beyond the technicalities of integrating a payment system; it delves into the strategic oversight of revenue shares, negotiations with payment providers, and the full exploitation of potential revenue streams.

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If You Need A Cash Advance, We’ve Got You Covered

SaaS Metrics

Getting a loan for your business can be an arduous affair, especially if you do not have a stellar credit history to support it. What makes it worse is that even many new businesses fail to get the loan because they have no history to prove their ability to pay. The only. Read more. The post If You Need A Cash Advance, We’ve Got You Covered first appeared on SaaS Metrics.

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How Can Mobile Apps Ride the Subscription Wave?

Chargebee

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Types of Artificial Intelligence (AI): A Beginner’s Guide

SmartKarrot

Artificial Intelligence is undoubtedly one of the biggest gifts to mankind. While we are exploring the beauty and benefits of the subject, it is still disregarding the fact that the field stays largely undiscovered. Simply put, it is still tough to comprehensively gain perspective on the potential impact of artificial intelligence in each of our lives.

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Visual Hierarchy: A 2021 Optimization Guide For Marketers

Unbounce

>>> DESIGN HAS THE POWER TO DRAW THE EYE <<< See what we did there? You, my friend, just got a taste of visual hierarchy. And it could be just the thing you need to level up your landing pages and your business. Let’s be honest: Our attention spans are short. Nobody is gonna be reading absolutely everything on your page. Unless you’re serving up perfect landing pages tailored exactly to your visitors’ interests (*cough* like with Smart Traffic *cough*) you’re gonna need t

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Embedded Analytics: A Force Multiplier for Business

The possibilities for embedded analytics to drive real value for businesses, end users, and society are as fascinating as they are limitless. No matter the industry, brand after brand is finding that analytics can be the solution to a multitude of business challenges. Go deep with five insightsoftware customers as they share the details of their analytics journeys and discuss the transformative power of data.

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May 18 – Customer Success Jobs

SmartKarrot

Role: Vice President of Customer Success Location: Remote, Chicago, IL, US Organization: TapCloud As a Vice President of Customer Success, you will drive Customer Success outcomes through customer advocacy, product adoption, and customer satisfaction. Define and optimize customer lifecycle by identifying opportunities for continuous improvement and leveraging best practices.

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5 Essential Steps for Customer Journey Mapping Initiatives

ChurnZero

This is a guest blog post by Dhruv Mehta from Acquire. Before everything else, let’s begin with understanding what customer journey mapping is all about. What is customer journey mapping? Do you know what made Google Maps so popular? It makes it extremely convenient for anyone to find their way and distance from Point A to Point B. A good customer journey map is like Google Maps for your customers.

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‘A Constant Adrenaline Rush’: 3 NYC Founders Give an Inside Look at Building Their Businesses in the Big Apple

OpenView Labs

“Gritty, loud, and vibrant.” “Constant adrenaline rush.” “Unbridled ambition and energy.” . That’s how three founders who built their business in New York City describe the place they call HQ. While Silicon Valley is often considered the epicenter of technological innovation, a new wave of tech entrepreneurs are showing up to challenge this assumption.