Nate Nurmi’s Post

Salesloft's (quiet) acquisition of Drift in February is the first shoe to drop. CROs need to do more with less, and will remove many tools from their stack. Expect massive consolidation in the sector over the next 5 years. Full article in the comments, but TLDR: - Most sales/marketing platforms are sold on a "per seat" annual contract, which was great for revenue when their customers were growing their sales teams. -After the post-COVID boom, sales org's quickly hollowed out which significantly impacted growth + retention. - CXO's are figuring out how to accelerate growth with less. There is no longer a need to hire a fleet of reps, leaving the "per seat" revenue model in the dust. - Adopting alternative revenue models like consumption-based pricing is imperative for sustained growth. - These models aren't good for VC's who like more predictable revenue models, but in the age of AI, companies will not need VC to start, run and manage a profitable tech company.

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