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The $10M to $1B Vertical SaaS Playbook: Key Lessons from Procore’s Chief Product Officer Wyatt Jenkins

SaaStr

Meet Wyatt Jenkins: From Construction Sites to Chief Product Officer If you want to understand how vertical SaaS companies scale to $1B+ in revenue while staying true to their customers, there’s no better person to learn from than Wyatt Jenkins, Chief Product Officer at Procore Technologies.

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ServiceTitan: Benchmarking the S1 Data

Clouded Judgement

This serviceable industry spend includes work performed in the construction of homes and buildings as well as the servicing of existing residences and commercial buildings. Today, we serve trades and markets that represent approximately $650 billion of the total $1.5

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How to learn from churn – designing good user offboarding

Intercom, Inc.

The reality is that churn is a natural part of business, and it’s important that you work towards truly understanding it. And if they do decide to leave, you should work to ensure that churning customers have a satisfying leaving experience, making them more likely to consider coming back in the future or recommending you to others.

Churn 183
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How To Keep Your Customers For a Decade. Or Longer.

SaaStr

Some take-aways: If You Truly Have Net Negative Churn and High NPS — Then Almost Any Reasonable CAC Makes Sense. I know some VCs will take shots at this statement, and I mean it more as a construct than a reality. But you have to have insane NPS/CSAT + truly high net negative churn (120%-140%) for this math to really work.

Scale 353
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To Really Scale, You Need $1M on Your Balance Sheet for Every $2M in ARR

SaaStr

Well, it does make sense, when you understand the scenario, a combination of two things: First, this SaaS company has a mix of freemium customers and sales-driven customers (with higher ACV, lower churn). ” It can happen, at least, as a construct, to anyone. “Slow down, you’re selling too much.”

Scale 343
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How to Predict Customer Churn—And What to Do About It

Totango

To paraphrase the famous saying, there are only two things that are certain in business: churn and taxes. And, in the case of churn at least, by learning from what you cannot avoid you can prevent yourself from suffering any loss that will do real harm. What Causes Churn? Every business suffers churn.

Churn 111
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The most exciting Latin American SaaS Startups

SaaStock

The space as a whole has churned more IPOs in the last 6 months than the previous 20 years combined as a result. Elevator pitch : Construct develops a field communication platform for construction projects. As we have showcased in previous pieces, there are many reasons to be excited about the Latin American SaaS ecosystem.

Startup 210