Sat.Apr 09, 2022 - Fri.Apr 15, 2022

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Gartner: SaaS Spending Is Going to Grow Even Faster Than We Expected in 2023

SaaStr

Enterprise software spending globally was $529B in 2020, per Gartner. In 2023, it will be $750B. That’s a tailwind almost all of us are drafting on. — Jason BeKind Lemkin #???????????? (@jasonlk) April 13, 2022. So these are rocky times in the public markets for SaaS. And yet … and yet … so many SaaS companies continue to grow faster than ever.

SaaS 71
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Sales Training vs. Sales Coaching: What’s the Difference

Predictable Revenue

Learn the difference between sales training and sales coaching, the unique benefits, and why you should be using a combination of both in your organization. The post Sales Training vs. Sales Coaching: What’s the Difference appeared first on Predictable Revenue.

Sales 236
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Top 10 Insights from Customer Success Executives in 2022

Totango

At Totango’s 2022 Global Executive Forum , customer success leaders from around the world came together to connect with their peers, share ideas and learn about new products and opportunities. To wrap up the event, Totango COO Jamie Bertasi shared 10 key takeaways she gathered from all the presentations and conversations that took place during our summit.

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The Marketplace 100: 2022

Andreessen Horowitz

2022 marks our third year releasing the Marketplace 100, a ranking of the largest consumer-facing marketplace startups and private companies. When we started this series in early 2020 (based on data from 2019), we had no way of knowing how volatile the next few years would be. Many businesses were temporarily shuttered by covid, especially. Read More.

Startup 145
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SaaS Essentials: Failed Payment Solution Guide

For SaaS businesses, improving retention is one of the easiest and most effective ways to drive revenue and profits. With a clear link between failed payments and customer churn, having a robust failed payment recovery solution isn’t optional—it’s essential. Achieving your retention goals starts with the right solution.

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VCs Don’t Really Ghost You. They are Just Prospects. Treat Them as Such.

SaaStr

One of the most frustrating things for founders is when VCs “ghost” them. I’m guilty of this myself, as much as I wish I wasn’t. I forget. The email box gets overloaded. It’s not an excuse, it’s not right. But the thing is, it happens. Eventually, your startup may be so hot that you can ghost VCs back. And let me tell you, the top founders do.

Startup 344

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More than half of PCs can't upgrade to Windows 11 — report

IT World

Data released today by IT asset management platform provider Lansweeper indicates that upgrades to Windows 11 have almost tripled over the past three months, but the overall adoption rate remains miniscule. The survey of more than 10 million Microsoft devices by Lansweeper’s PC management software showed 1.44% now run Windows 11, an increase from the 0.52% of PCs that ran the OS in January.

Software 136
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Decentralized Speed: Advances in Zero Knowledge Proofs

Andreessen Horowitz

One way to view technological advancement is through the lens of hardware: as new needs and use-cases emerge, chip manufacturers design special-purpose GPUs, FPGAs, and ASICs optimized for specific functions and software. All major industries in tech — from cloud … The post Decentralized Speed: Advances in Zero Knowledge Proofs appeared first on Andreessen Horowitz.

Cloud 140
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The Private Equity Math of 1+1=3 in SaaS Acquisitions

SaaStr

Datto getting acquired for $6.2B looks like a pretty good deal: – $600m ARR, but – Only growing 19% YoY. Potential key: – 28% EBITDA. It's a cash machine pic.twitter.com/Efjrh7F4pa. — Jason BeKind Lemkin #???????????? (@jasonlk) April 11, 2022. So public Cloud and SaaS stocks continue to be under a lot of pressure, with many Cloud leaders trading for half of what they were trading at just a few months ago.

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Welcoming our new Chief People Officer and other senior leaders

Intercom, Inc.

I am delighted to share that our senior leadership team here at Intercom continues to grow. Today, I’d like to welcome three experienced new senior leaders, starting with L. David Kingsley, who has joined Intercom as our first Chief People Officer. As Chief People Officer, David will lead the company’s global People organization, including talent acquisition, onboarding, learning and development, HR business partners, total rewards, diversity, equity and inclusion, and real estate & workplac

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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.

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We’re one step closer to Windows in the cloud

IT World

I've been saying for a long time now that Microsoft's master Windows plan is to move you to a cloud-based Desktop-as-a-Service (DaaS) model. Earlier this year, I pointed out that Windows 11 was nudging us towards Windows as a Service (WaaS). The march continues. At last week’s "Windows Powers the Future of Hybrid Work" virtual event and in its paper, New experiences in Windows 11 and Windows 365 empower new ways of working Microsoft has laid out the next steps in its vision of tomorrow's Windows

Cloud 131
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16 Things to Know About Raising Debt for Startups

Andreessen Horowitz

Raising debt is an important financial tool for startups, and in particular, as more and more companies become fintech companies , debt, and in particular asset-backed debt, can provide a critical vehicle for embedding financial products that can be financed … The post 16 Things to Know About Raising Debt for Startups appeared first on Andreessen Horowitz.

Startup 139
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Dear SaaStr: How Many Deals Can a Sales Rep Close Per Month?

SaaStr

Dear SaaStr: How Many Deals Can a Sales Rep Close Per Month? A successful but not top 5% sales rep in SaaS typically can close: 20–50 deals a month if $0.5k-$2k ACV , i.e., very transactional 1–2 call close. Usually all inbound. 10–15 deals a month if $5k-$25k ACV (i.e., transactional, but not 1–2 call close). 1–3 deals a month if enterprise , $50k-$1m ACV.

Sales 312
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Raising the bar: Revealing the 3 customer service trends to act on in 2022

Intercom, Inc.

It’s been another challenging year for many support teams. But there’s a silver lining – this year’s Klaus Customer Service Quality Benchmark Report reveals there are clear positive shifts taking place in the customer support landscape in 2022. Klaus partnered with Intercom, Aircall , and Support Driven to create the second edition of the highly anticipated benchmark report.

Trends 118
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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

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How to choose an enterprise search platform

IT World

As the amount of data organizations create continues to mushroom, they’re all dealing with the same challenge: how to enable their employees to find the answers they need to do their jobs when the information is hidden in different sources, including email servers, databases, network drives, cloud drives, and countless SaaS apps. When workers can’t find the information they need to stay productive, the effectiveness of the entire business suffers.

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How to Drive Business Growth By Fostering Your Community

Andreessen Horowitz

Everyone’s familiar with the concept of a go-to-market (GTM) plan, but in the world of bottom-up adoption and product-led growth, a go-to-community (GTC) plan is equally as important. As the name suggests, go-to-community is the process of operationalizing and optimizing your community-building efforts to align them with business outcomes. Growing a healthy community can create.

Business 122
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5 Interesting Learnings from Square, er Block, at $16B in Net Revenue

SaaStr

So is Square a SaaS company? It’s not even Square anymore as a company … it’s now Block. The majority of its revenue is now from Bitcoin transactions, not “traditional” payments and software. And yet … and yet … its engine is all software and really SaaS. At least still for now. Its software and services business is the one with the real operating margins.

Payments 306
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Three-Tier Pricing Strategy for SaaS: Is It Still Ideal?

FastSpring

What’s the ideal number of subscription tiers for a SaaS company? Studies have found that three is the most common number, but is it the most optimal? That’s not what we found when we studied the pricing plans of 50 best-in-class SaaS companies for our 2022 pricing pages report. From Zero to 23 Plans, Best-in-Class SaaS Companies Customize Their Subscription Options.

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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?

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14 useful Google apps you should be using on Android

IT World

Google's got a lot of apps. Maybe even too many, in certain ( ahem ) cases. Amidst all the obvious titles and oddly overlapping offerings , though, Google's wing of the Play Store holds some genuinely useful treasures — clever creations by the creator of Android that are just waiting to be discovered. Here are 14 off-the-beaten-path Google apps that'll help you do all sorts of interesting things with your Android device.

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The Benefits of a Usage-Based Pricing Model

SaaSOptics

SaaS pricing is typically done on a subscription basis where customers pay a recurring monthly or annual fee to use a company’s software. Subscription-based pricing as a concept sounds pretty straightforward, but as it turns out, there are several different pricing models SaaS companies can choose from to meet their customers’ billing expectations.

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Women in Revenue: Transparent Comp is #1 in Evaluating Job Offers

SaaStr

Hiring has never been easy in SaaS. In the old days, it was hard just because there weren’t enough seasoned candidates. Today, it’s hard because there are 1000x more SaaS startups before. It’s always been hard. But it’s not necessarily harder — it’s just different. And key to winning the best talent is knowing what they really care about, not just what you think they care about.

Revenue 305
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Is it magic, or ChurnZero? SalesIntel reveals the secrets of its expansion success.

ChurnZero

Have you ever wondered how certain companies know exactly the right moments to reach out with an offer? Sometimes, the outreach is so spot-on and intuitive, you don’t even realize you’re being pitched. As acclaimed mentalist Tony Corinda said, “Good timing is invisible. Bad timing sticks out a mile.”. Like a magician flexing their psychic power, pinpointing the most ideal time to present your customer with an expansion opportunity can’t be left to intuition.

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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.

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Adobe woos video pros with After Effects M1 performance promise

IT World

Professional application news now turns to video and broadcasting as the giant National Association of Broadcasters (NAB) show approaches — and Adobe has big news for After Effects and Apple Silicon. After Effects runs three times faster on M1 Macs. Adobe has introduced a new edition of key motion graphics industry standard, After Effects , which is available to ship as of today.

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5 Ways B2B Sales Operations Managers Can Shorten Time to Revenue

Sales Hacker

Time is precious and always in high demand, so naturally, time to revenue (TTR) is a crucial KPI for any sales team. Along with providing insights into efficiency and earnings, TTR sheds light on lead prioritization, cost reduction techniques, profit forecasting, and more. Becoming more efficient with TTR requires more than closing deals — sales and marketing departments must work together to streamline the entire pipeline for efficiency.

Scale 96
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250+ No Cost Equality and Inclusion Passes Left for SaaStr Europa 2022!

SaaStr

We’re gearing up for 2022 SaaStr Europa in-person again in sunny Barcelona , at the spacious muchly open air and outdoors convention center by the sea, 7-8 June!! As part of that, we are (of course) bringing back our Equality, Inclusion and Balance program to set aside 1,000 no cost VIP Passes to Annual. Please join us. We want this to be the most inclusive Annual ever!

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What is a chief customer officer?

ChurnZero

Does your company have a chief customer officer (CCO)? If not, it might be time to consider the role for your organization. Would your business benefit from appointing a chief customer officer ? We’ll help you answer the most common questions to determine whether you need a CCO to attain your goals. Definition of a chief customer officer. What is a chief customer officer ?

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Evaluating Embedded Payment Providers For Your Software? Get The Evaluation Scorecard Today

Choosing the right Embedded Payments partner can feel overwhelming. This evaluation scorecard and comprehensive buyer’s guide simplifies the process by breaking down key criteria to consider. Learn how to assess partners that align with your goals, offer personalized support, and drive long-term success. This guide and scorecard equip software companies with the insights to make confident, informed decisions that enhance customer experience and fuel business growth.

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Duckduckgo launches privacy browser beta for macOS

IT World

Privacy-centered search engine DuckDuckGo today launched the beta of its desktop browser for macOS. The browser is designed from the ground up to maintain privacy, the company said, meaning it will not collect information about users and will not install cookies or tracking codes on devices. DuckDuckGo also said it can block “hidden trackers” before they load.

Mobile 98
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Mistakes to Avoid When Selecting a CS Platform: Not Having a Modern Mindset

Totango

Selecting the right customer success platform for your organization can be challenging. To help you navigate the process, we’ve developed a four-part blog series about the mistakes you should avoid when choosing a CS platform. In this article, we’ll look at the mistake of not approaching customer success with a modern mindset. . Business today moves at the speed of light.

Scale 96
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Dear SaaStr: When Should I Hire a CFO?

SaaStr

Dear SaaStr: When Should I Hire a CFO? I think at a minimum you should have a real experienced finance lead at $2m ARR, a real VP Finance once you raise $20m, and a CFO once you are at $20m+ ARR. — Jason BeKind Lemkin #???????????? (@jasonlk) April 12, 2022. Most startups just wait way too long to get finance right: They wait too long to get collections right, and have to write off a lot of bookings.

Scale 268