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Covid's Impact on Software Sales Efficiency

Tom Tunguz

Sales efficiency is one of those key metrics. Travel collapsed, virtual events blossomed, handshakes became Zoom namastes. How did sales efficiency evolve? Across public software companies, the average sales efficiency fell from 0.6 In contrast, sales efficiency improved throughout 2020. over the last 3 years.

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The Top 10 Mistakes I See In The VP of Sales Hiring Process

SaaStr

So we’ve spent a ton of time over the years on SaaS talking about hiring a great VP of Sales. Not only because it really matters, but because hiring the wrong VP of Sales can set you back a year — or longer. So many VPs of Sales disagree with me here — at least at first when I make the point. Sales is hard.

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CRO Confidential: What It Really Takes to Be Successful in Enterprise SaaS Sales with Christian Smith, CRO of Splunk

SaaStr

As Christian’s been the CRO of Splunk for over seven years now, he’s a wealth of knowledge on what it really takes to be successful in Enterprise SaaS Sales. When Christian asks his sales team how much pipeline they need to hit their number, everyone typically gives a similar answer: “ You’re going to hear 3x a lot.

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What If LLMs Change the Business Model of the Internet?

Tom Tunguz

Reddit’s data sales revenue will likely be much more than 10% by the end of the year. This raises a fundamental question : What if the revenue from data sales dwarfs the revenue from ads? Users want to search the data for product reviews, travel recommendations, facts, & fun (the latest memes). LLMs need data.

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Surveying Sales Leaders - How Coronavirus is Impacting Quotas, Bookings, and Budgets

Tom Tunguz

Sam Jacobs created the Revenue Collective , a group of more than 1700 sales professionals at some of the fastest-growing companies. With chapters across the US, Revenue Collective has broad reach within the sales community. Typically, sales leaders have reduced quota somewhere between 10-50%. You can download the survey here.

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My App Stack: Krithika Muthukumar, VP Marketing at OpenAI

SaaStr

Other than your own, what app would you never let anyone take away from you no matter what: Gong — love it for non-sales use cases, like synthesizing the voice of the customer to product teams. #4. Navan — it really does make business travel delightful. Krithika Muthukumar leads marketing at OpenAI.

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The Top 10 Mistakes People Make When Hiring a VP of Sales with SaaStr CEO and Founder Jason Lemkin

SaaStr

Hiring a VP of Sales isn’t new, but the conversations have evolved as the world has. Jason has written about the cheat codes for hiring VPs of Sales since 2012 and realized it was worth a deeper dive. Jason has written about the cheat codes for hiring VPs of Sales since 2012 and realized it was worth a deeper dive.