Anna Ott’s Post

🗨"As I had written earlier in the year, while it’s clear that an era of hypergrowth is over for the industry, fundamentals and demand signals for public SaaS companies continue to show a deteriorating trend and are at some of the lowest levels in recent years". In the past year we have seen several SaaS-doomsday claims. In this fresh latest blog post from Janelle Teng from Bessemer Venture Partners, she puts more perspective to those claims and somewhat debunks parts of them. 🗨"Is a mass extinction event really imminent? Mark Twain once said that “the reports of my death have been greatly exaggerated”. So too do I view the news that SaaS is dead to be somewhat overblown at this point, since it’s probably more of a rebirth than true demise of the industry. Many incumbent SaaS players are undoubtedly very vulnerable from an existential perspective given the threat of AI. But just as in the natural world, the main factor drawing the line between extinction and evolution is time..." 📰 Read the complete blog post 👇 https://lnkd.in/d4nrkHaP Thank you for yet another insightful piece of reading, Janelle Teng💡🙌 #SaaS #Tech #startups

𝐖𝐢𝐥𝐥 𝐭𝐡𝐞 𝐩𝐥𝐚𝐧 𝐞𝐱𝐞𝐜𝐮𝐭𝐞 𝐰𝐞𝐥𝐥? 𝐎𝐫 𝐰𝐢𝐥𝐥 𝐢𝐭 𝐡𝐚𝐯𝐞 𝐚 𝐬𝐞𝐭𝐛𝐚𝐜𝐤 ❔ These are questions that often cloud our minds in the business world. Amidst all the strategies, i.e., analysis, research, and insights, there's a powerful tool that we often overlook: Intuition. 💡 If we talk about Calculated Decisions and Intuitions together in the business world, then it might be a debatable topic. However, not all decisions based on calculative strategies prove correct; sometimes, our intuitions can be more advantageous when making better business decisions. When startups or businesses enter new markets, a blend of practical decision-making is required to assess demand and competition alongside intuition to grasp consumer behaviour and emerging trends. 📈 By balancing practicality with intuition, I've found that these tools together can be the best strategy for decision-making. It's about trusting the numbers and thrusting yourself to read between the lines. For me, this is the winning formula for business! What's your take on this powerful combo? #CalculatedDecisions #IntuitionInBusiness #EntrepreneurMindset #InnovativeThinking #BusinessSuccess

🚀 2024: The Year to Be Great! Andreessen Horowitz suggests it's time for growth-stage companies to aim for greatness. With the market stabilizing, it's not just about efficiency; it's about innovating, defending strong business models, and seizing the opportunity to stand out. The future looks bright, especially with AI turbocharging expansion. Are you ready to join the ranks of the Great? Let's make 2024 a landmark year! #GrowthMindset #TechInnovation #FutureIsNow" Explore the full insights here: The Year to Be Great https://lnkd.in/eEJEmehH

🌐 Hey everyone 🌐 Thanks for stopping for the cringey meme. I promise I'm getting better at them. If you've talked to me lately, you've probably heard me spam the word ecosystem in a conversation about what I'm building up at the moment. But you're probably wondering about the why. So I figured as part of sharing some insights, I'd lend a bit of insight as to why I'm excited by the concept and why I'm investing my time in constructing these through our partner network. I've studied a few books in depth on the subject and wanted to share insights from the Ecosystem Economy by Venkat Atluri & Miklos Dietz. Here are a few insights about the first major takeaway I got from the book: The ecosystem economy is the future of business growth. 🚀 Welcome to the age of the ecosystem economy—a game-changer for businesses worldwide. In today's interconnected world, traditional sector boundaries are blurring, giving rise to ecosystems where companies collaborate to create and share value. Imagine a world where your business isn't just part of an industry but an interconnected web of value-creating relationships. 🧠 Think of companies like Amazon and Apple. They don’t just sell products—they provide integrated services that meet a wide range of customer needs, from entertainment to cloud computing. This is the ecosystem economy in action. ☝ Ready to dive deeper into this transformative trend? Stay tuned for more insights on how to navigate and thrive in this new landscape! #EcosystemEconomy #BusinessGrowth #Innovation #FutureOfBusiness

Growing too fast? It’s chaos waiting to happen. But growing smart? That’s how legends are made ✨ When you grow exponentially, clarity and solid foundations can struggle to keep up. It’s not about doing things wrong - it’s about moving so fast that there’s barely time to pause and build. People do what they can to keep up with the momentum. Since I joined Aventum Group, I’ve been in the thick of it with data. We’re setting things up for long-term success. It’s about building the structure - from scratch laying a rock-solid base, curating, cataloging, processes, and culture that will help us scale the right way. This isn’t just about systems. It’s about our team. I’m all about the people, and I want my team to know I believe in them every step of the way. Together, we’re taking this from messy to strategic, step by step. Transforming exponential growth into sustainable strength 💪🏻 Here are 5 rules we’re living by: 1️⃣ Start with the Foundation Build strong systems before scaling anything. ✂️ Weak processes? They’ll only grow your problems. 💯 Strong foundations? They’ll save us from future chaos. 2️⃣ Double Down on What We Do Best We’re not chasing every shiny new project or tool. 🔝 Instead, we’re focusing on what we’re brilliant at and doing it even better. Upskilling and deal with technology we know. 🪄 The magic? Playing to our strengths as a team. 3️⃣ Hire for the Long Game Our people are our greatest strength. 📈 Every hire we make is about the future: resilience, adaptability, and vision. 🔝 No quick fixes—just talent that grows with us. 4️⃣ Protect Our Resources Whether it’s cash, time, or team energy, we’re spending wisely. 😮💨 Growth drains resources faster than you’d think. 🔗 Keeping a buffer is how we stay strong through it all. 5️⃣ Focus on the Data That Matters It’s not just about collecting data; it’s about curating the right insights. Focus on business values. Quick, mid and long wins 📊 Our metrics are/will be sharp, and will guide every decision. 📑 This is how we measure real, lasting impact. Watch and see 👀 Scaling isn’t about being the fastest - it’s about building something strong, together. My mission? To grow a data team that’s unstoppable. A solid foundation that will drive the business forward and help our colleagues across the group. And I believe in every single person on this journey with me. Let’s make it happen. #smart #growth #datafoundation #buildteam #sustainblejourney #aventumgroup

The Benefits of Investing in the Magnificent Seven Stocks 📈🌟 Ready to elevate your investment game? Consider the Magnificent Seven stocks! 🚀 These tech giants are leading the market with innovation and growth potential. Here’s why they should be on your radar: Diversification 🌐: From cloud computing to AI, these stocks cover a broad spectrum of sectors, offering a balanced portfolio. Market Leadership 🥇: Companies like Apple, Microsoft, and Google are industry leaders, ensuring stability and growth even in volatile times. Innovation Powerhouse 💡: These companies are at the forefront of technological advancements, making them prime candidates for long-term growth. Download BROKSTOCK app now and start your investment journey with Magnificent Seven Stocks! https://lnkd.in/e8jp-KxR

One of my absolute favourite Chris Tottman #braindumps. Are you Fundable? Want to get funded in 2024? 🚀 Here are the benchmarks you must focus on (according to research): Based on the State of the Cloud 2023 by Bessemer Venture Partners, here are the fundability benchmarks you should be focusing on this year: 1️⃣ CAC Payback: → Good: 12-18 months → Better: 6-12 months → Best: 0-6 months 2️⃣ Operational Efficiency (Bessemer Efficiency Score): → Good: <0.5X → Better: 0.5-1.5X → Best: 1.5X+ 3️⃣ Net Revenue Retention: → Good: 100% → Better: 110% → Best: 120%+ 4️⃣ Time to Cash Out (Runway): → Good: 12 months → Better: 18 months → Best: 24+ months 5️⃣ Revenue Growth: → Good: 75%+ → Better: 100%+ → Best: 125%+ 6️⃣Logo Retention: → Good: >85% → Better: >90% → Best: 95%+ So, what does this mean for you? 🔥 It's time to get laser-focused on your metrics. This isn't just about impressing investors; it's about building a fundamentally strong, scalable, and sustainable business. 💡 Reflect on each metric: How does your burn rate influence your fundraising requirements? ⤵ Is your roadmap to cash-flow break-even persuasive? ⤵ Do your SaaS metrics indicate strong unit economics and net expansion potential? ⤵ What does your CAC payback efficiency reveal about your marketing and growth plans? ⤵ How does your operational efficiency stack up against industry benchmarks? ⤵ Are you effectively retaining and expanding your customer base? ⤵ P.S. If you liked this post, feel free to repost it for your network, too! ♻ #BrainDumps 🧠 💩 // Brain Dump #13

UPDATE: For anybody who hasn't received the link: https://bit.ly/4beehl7 90% of SaaS startups fail within their first 3 years. Don't be a statistic. Discover the metrics that matter. Metrics are more than just numbers. They are insights into the health and trajectory of your business. They help you understand your customers better, optimize your operations, and make informed decisions. However... With so many data points available, identifying the most impactful metrics can feel like searching for a needle in a haystack. Here's a list of essential SaaS Metrics from A-Z. It covers metrics from Acquisition Costs to Zero Churn Strategies. The key is to focus on those that offer the most value to your SaaS business. Track progress. Identify areas for improvement. Be ready to adjust based on what the data tells you. Interested? Say so in the comments and I'll send you the list. #bigdata #machinelearning #artificialintelligence #technology #innovation Source: Paddle Hit follow for regular updates on data-driven retail strategies and market dynamics.

Exciting news! Snowflake has been named in the top 10 of Fortune's Future 50 for the second year in a row! This list features companies ready to grow within their industries. Our commitment to innovation is stronger than ever as we harness the power of enterprise AI to provide transformative solutions. This recognition underscores our efforts and paves the way for more groundbreaking advancements. Check out the complete list to see who else made the cut and what it means for business!