Hey, @UberEats - is there any way you can share data or a cool chart on the spike in usage/spend over the #CrowdStrike Weekend? I know plenty of teams that had to spend $$ on keeping everyone fed that weekend - I'm sure you were one of the benefactors.
@cartainc's 'State of Markets Q1 2024 Report' has some insights for those looking to raise or manage runways. Rounds are down by almost 1/3, & investors are being selective. 40%+ of early-stage are bridge rounds.
https://t.co/lm8PlGcKm9
Post #6 this week features @ChartMogul's 2023 #SaaS#Growth Report of trends & benchmarks from companies $0-$30m ARR. Highlights: Best-in-class achieve 100%+ YoY growth, top tier reach $1M ARR under 9 months, and mild seasonality exists; Q1 good, Q4 slow
https://t.co/7AKgXYPKUc
@OpenViewVenture's 7th annual #SaaS#Benchmarks Report is out with insights from over 3,500 respondents. It's a comprehensive guide to the evolving SaaS landscape from '21 to '23. We've dedicated our entire newsletter to it with our top 11 takeaways! https://t.co/m36mpC8v8G
How much do you plan on spending on your 2024? @SaaSCapital has a wonderful #B2B#SaaS Spending #Benchmark report to best forecast what to send on sales, marketing, CS, COGS, and R&D. Check #5 in this week's newsletter for more
https://t.co/og6aICRyGz
Do you have a product that targets Devs? If yes, then Developer-Led Growth (DLG) can be a strategic choice for you. DLG is different from PLG, as devs are a finicky bunch. So check the 2023 DevRel Report, available in post # 6 this week by @DevRelAgency
https://t.co/TXHNF4bTLV
The @VendrHQ#SaaS Trends Report for Q3 '23 is out. A couple of highlights:
↘ The big drop in ACV in last Qs report looks like a blip, but ACV still down 17% YoY
💹 We're all hiking prices like crazy
💸CAC at a 3-year high & 2X since '20
More at #5..
https://t.co/j9eHR09pLV
At #5 this week, the @devops_research team at @googlecloud just released their '23 #DevOps report. #AI has a limited impact on dev teams (I see this as a lagging metric) User-focused dev, rapid code reviews, & high-trust culture are winning characteristics https://t.co/SPZdIopj8A
This week @NextBigTeng hits #4, highlighting a disconnect in market #valuations, @cartainc reveals a bleak 1-in-5 down round scenario in Q2 report. Tougher fundraising, 2.9x #VC demand vs. supply for late-stage #startups & a 200-company/$60B IPO backlog. https://t.co/IbYBp471YZ
@curiosityonx Aotearoa, New Zealand - FUN FACTS: a) You can see the border of the Pacific and Australian tectonic plates in this picture - the snow-capped Souther Alps b) I'm also in this pic somewhere. Hi
At the #4 spot this week, @MeritechCapital looks at the $2T #SaaS Public market: #Revenuemultiples down to 80% from '21 high; Median #CACpayback now 28.1 months!; #NDR is an all-time low. Reduced upsells & increasing churn are impacting that metric hard.
https://t.co/p9dQE2qc4z
@McKinsey's annual #StateofAI survey reveals the breakout adoption of generative AI: 30% surveyed indicated regular business use. Even though #generativeAI is on the rise, overall #AI adoption remains steady, with 40% planning an increase in AI spend.
https://t.co/OnAOIrQ9pe
How many #SaaS companies are there (by Country)? @explodingtopics ran the analysis earlier this year: Around 30k companies globally - 60% in the US. UK & Canada are the next two very distant countries to round out the SaaS podium. More at #4 this week:
https://t.co/lxlxML7yWn