Sun.Jul 14, 2024

article thumbnail

Dear SaaStr: How Hard Is It To Break Into Venture Capital?

SaaStr

Dear SaaStr: How Hard Is It to Break Into Venture Capital? It’s a tiny industry that is tough to break into. For sure. Truly tiny. There are only a few hundred VC firms, and each may only need 1-3 more junior investors. That means a handful of positions, really. There just aren’t that many VC firms, and they don’t have that many employees. But here’s the thing folks don’t get: just about every VC fund I know — including SaaStr Fund / 2024 itself — is hiring.

article thumbnail

Punctuated Equilibrium in AI : Is it Better to Be A First Mover or A Last Mover?

Tom Tunguz

Machine learning advances tend to evolve in bursts. Researchers publish a new paper with a newly discovered technique. It launches the industry forward & more researchers rapidly iterate to improve it further. Progress looks like this - a series of S curves one after another. No one knows the time period between the rapid progress or the slope of the curves or how much progress we’ll make during one of these curves.

AI Search 196
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SaaStr Podcast 748: Fundraising & for Hiring in 2024 and Much More with SaaStr CEO and Founder Jason Lemkin

SaaStr

Hiring and Interviewing Tips: Jason emphasizes the importance of interviewing at least 30 candidates for a role and consulting with an expert in the field to interview the final candidate. This approach helps in identifying the best fit and avoiding future problems. Product-Led Growth (PLG) vs. Enterprise Sales: Jason discusses the evolution of PLG, noting that it’s essentially freemium with better analytics.

article thumbnail

Core Feature Adoption Rate: Benchmark Report 2024

User Pilot

24.5%. That’s the average core feature activation rate across the companies we studied for our Product Metrics Benchmark Report 2024. This figure doesn’t give you a full picture because it doesn’t take into account the industry, company size, or acquisition model. Fear not, though, as we explore the data in more depth in this article. We also look at ways to improve the core feature activation rate for your SaaS product!

article thumbnail

An Omnichannel Payment Solution––Without the Complexity

Simplify omnichannel payments with a solution that unifies every channel through your platform. By integrating front-end systems like online, mobile, and in-store payments with robust back-end infrastructure, you can deliver a seamless payments experience without the need for heavy engineering. Omnitoken technology enhances security by tokenizing card transactions for reuse, enabling merchants to drive cross-selling opportunities.

article thumbnail

Annual Run Rate (ARR): Definition, Calculation Formula & Guide

Cobloom

When it comes to subscription businesses like SaaS companies, we hear about ARR all the time. ARR stands for Annual Run Rate, and in this post I'll define it for you, show you the calculation formula and offer guidance on using it correctly, before wrapping up with a tip on how to avoid doing the manual calculations yourself.

More Trending

article thumbnail

SaaS Applications for IT Service Management: Top Choices

SaaS Metrics

Pick the best SaaS applications for IT Service Management and discover how they can revolutionize your operations—find out which one suits you best! The post SaaS Applications for IT Service Management: Top Choices first appeared on SaaS Metrics.

article thumbnail

User Activation Rate Benchmark Report 2024

User Pilot

Sales-led companies have a higher user activation rate than product-led companies. Does it mean they do something better to activate their users? That’s one of the questions about user activation rates that we explore in our Product Metrics Benchmark Report 2024. And there are plenty more! You will also learn how to increase it for your SaaS product!

article thumbnail

Exploring Different SaaS Business Models: A Beginner’s Guide

SaaS Metrics

Learn about the various SaaS business models and discover which one could lead your venture to success. The post Exploring Different SaaS Business Models: A Beginner’s Guide first appeared on SaaS Metrics.

article thumbnail

Business Intelligence Analyst Career Path

User Pilot

Starting a career as a business intelligence analyst requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for business intelligence analysts, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it!

article thumbnail

How Clinic Sense Reduced Churn and Unlocked More Revenue

ClinicSense is a SaaS platform that supports over 7,000 massage therapists who use it for appointment management, payments, scheduling, marketing activities and more. Despite having a relatively low payment failure rate, the company discovered that the failures disrupted the customer experience. This often led to churn as customers decided to cancel or abandon their account, preventing ClinicSense from realizing the full lifetime value (LTV) of its users.

article thumbnail

Experience Strategist Career Path

User Pilot

Starting a career as an experience strategist requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for experience strategists, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it!

Scale 52
article thumbnail

UI Designer Career Path

User Pilot

Starting a career as a UI designer requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for UI designers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it! TL;DR A UI (User Interface) designer focuses on creating visually appealing and interactive elements for digital products.

article thumbnail

CX Product Manager Career Path

User Pilot

Starting a career as a CX product manager requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for CX product managers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it!

article thumbnail

Interaction Designer Career Path

User Pilot

Starting a career as an interaction designer requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for interaction designers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it!

article thumbnail

Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

article thumbnail

UX Researcher Career Path

User Pilot

Starting a career as a UX researcher requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for UX researchers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it! TL;DR A UX researcher in SaaS specializes in understanding user behaviors, needs, and motivations through various research methods to inform product de

article thumbnail

Data Scientist Career Path

User Pilot

Starting a career as a data scientist requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for data scientists, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it! TL;DR A data scientist is someone who uses their knowledge of statistics, programming, and specific industry expertise to extract meaningful informat

Data 52
article thumbnail

Project Manager Career Path

User Pilot

Starting a career as a project manager requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for project managers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it!

article thumbnail

UX Designer Career Path

User Pilot

Starting a career as a UX designer requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for UX designers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it! TL;DR A UX designer, or user experience designer, focuses on enhancing user satisfaction by improving the usability , accessibility, and pleasure provided

article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

article thumbnail

Data Analyst Career Path

User Pilot

Starting a career as a data analyst requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for data analysts, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it! TL;DR A data analyst is a problem-solver who uses their technical skills to uncover valuable insights from data.

article thumbnail

Product Designer Career Path

User Pilot

Starting a career as a product designer requires understanding the key steps, skills, and experiences needed for success. In this article, we will outline the typical journey for product designers, covering educational requirements, entry-level positions, potential advancements, and long-term opportunities. Without further ado, let’s get into it!