Wed.Nov 02, 2022

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Dear SaaStr: Why Do So Many Startups Burn Through So Much Cash?

SaaStr

Dear SaaStr: Why Do So Many Startups Burn Through So Much Cash? Competition. For most software / internet companies, the gross margins approach 80%. That means for every $10 you bring in, you get to keep at least $8 for payroll, etc. after paying off expenses. In the early days, that’s not a lot of money. You may need to work for a $0 salary, sacrifice, skimp, borrow money from mom and dad, etc.

Startup 232
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Best Broker to Sell Your Ecommerce Business Compared

The Daily Egg

After reviewing 16 business brokers, we selected Synergy Business Brokers as our favorite broker for selling your ecommerce business. Synergy Business Brokers. The post Best Broker to Sell Your Ecommerce Business Compared appeared first on The Daily Egg.

Business 312
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5 Interesting Learnings from Duolingo at $360,000,000 in ARR

SaaStr

Duolingo has dominated online language learning, rocketing to $360m in ARR and a $3.25 Billion market cap after launching back in 2012. And in today’s market, that’s strong performance. While the average Cloud stock has fallen almost 50% in 2022, Duolingo’s has stayed up, and is down just 10% in the past 6 months. So it’s doing what Wall Street wants today.

Scale 293
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8 Easy Steps to Sell a Business

The Daily Egg

Selling a business is a far different animal than it was several decades ago. Back then, you had a brick-and-mortar store with. The post 8 Easy Steps to Sell a Business appeared first on The Daily Egg.

Business 195
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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.

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Lessons Learned From 20 Years Running a Sales Outsourcing in Europe

Predictable Revenue

Rick Pizzoli joins the Predictable Revenue podcast to share his top lessons from sales outsourcing and what he’s learned from 20 years in the B2B sales industry. The post Lessons Learned From 20 Years Running a Sales Outsourcing in Europe appeared first on Predictable Revenue.

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How the Finance Team Drove IPO-readiness at a Leading SaaS Business

Chargebee

Gone are the days when finance teams were happy being backstage coordinators, happy to hand in numbers when asked. They have clearly broken the mold to take center stage and become strategic partners for business growth. Today with businesses facing economic pressures, driving profitability by enabling efficient revenue practices has become more crucial than ever.

Finance 98
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How to Build A Winning Paid Membership Program

Andreessen Horowitz

Online platforms are passionately hoping that paid membership models may be a new answer to existing advertising revenue ceilings. After all, at $3-5 per member a month, the revenue is sure to add up — or does it? Commerce companies … The post How to Build A Winning Paid Membership Program appeared first on Andreessen Horowitz.

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How to unlock Google Assistant's most advanced Android shortcuts

IT World

Google Assistant's got all sorts of time-saving smarts on Android. That much we all know by now , right? But get this: Assistant's most useful Android superpower is something that's completely out of sight and up to you to dig up and activate. (And no, I'm not talking about its freshly expanded Android automation station — though that's pretty sweet, too.

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Improving Salesforce Adoption in the Sales Channel for Telco

CloudKettle

There’s no debate on the topic: Salesforce is an incredibly valuable tool. It can be the source of truth and the final authority on what is happening with new opportunities and existing clients. Across the Telco industry, Salesforce is replacing legacy systems for sales pipeline, performance, activity management, service quality, and technician dispatching.

Sales 52
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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.

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32 SaaS KPIs Every Company Should Track

Chargebee

How’s your SaaS business doing right now? Better than last year? Are your customers satisfied? Are your deals closing? To answer those important questions about your performance — and to make sure your business is headed in the right direction — you have to track KPIs.

SaaS 52
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Apple must take another brick from its wall, says EU

IT World

The European Union (EU) wants to break down the wall surrounding Apple’s proverbial garden, as new laws targeting Big Tech may force the company to support third-party app stores on its devices. Another brick from the wall. The EU’s Digital Markets Act (DMA) demands a lot. It aims to level the playing field for internet services and is the latest in a global wave of regulation to hit the tech sector.

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Xero or QuickBooks: Which Is Better? [2022 Review]

Chargebee

Accounting software for your business can be an invaluable tool for managing your expenses, monitoring your financial health, paying taxes, and more. Or it can be a frustrating time suck. It all comes down to the tool you choose. For example: Does the software give you the information you need?

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5 Strategies to Optimize Your B2B SaaS Conversion Rate

Inturact

Many SaaS businesses have the best product out there, but their competition still beats them at the game. Will you be one of the ones who get beaten?

B2B 52
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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.

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Nov 02 – Customer Success Jobs

SmartKarrot

Role: SVP, Customer Success Location: Atlanta, GA, US (Hybrid) Organization: Cardlytics As an SVP of Customer Success, you will lead and scale an inclusive, world-class, multi-discipline services organization – driving vision, growth strategy, and execution. Retain, attract, mentor, organize, and manage a high-performance team, fostering a culture of ownership, accountability, and ethical behavior.

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CRO Confidential: How to Fundraise in Late 2022 with SaaStr CEO and Founder, Jason Lemkin and Sam Blond, Partner at Founders Fund (Pod 604 + Video)

SaaStr

In this second session of the CRO Confidential series, Founders Fund Partner Sam Blond chats with SaaStr CEO Jason Lemkin about whether tech founders still need to be based in SF, the current correction of the VC market, and what to look for in an investor. Founders Are Flocking To Miami. When the pandemic hit, San Francisco became one of the strictest cities in the country with shutdown and quarantine protocols.

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The Top 7 Key Challenges in Account Management

SmartKarrot

Strategic account management is a business practice involving activities like providing customers with the best support and services, thus increasing their consumption of products and services offered by the business. It is an activity that starts with the first contact with prospective customers and continues even after the sales have been made successfully.

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We’ve got mail: Introducing Intercom email features to complement your customer support strategy

Intercom, Inc.

In 2022, there are countless ways to reach your customers. . Despite all of these leaps forward, email remains a constant in customer communications. Almost all businesses still use email to acquire, engage, and support their customers – but a simple email is no longer enough. As the number of emails landing in customer inboxes grows, so do customer expectations. .

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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