Sales Science’s Post

Confluent spent $553,000 on sales and marketing for every net new customer added in Q3. That's actually a big improvement on Q3 of last year where they spent $1.5M per customer add. Some other highlights from Q3 for Confluent: - ARR growth of 27% (slowed from 37% ARR growth last year) - Reduced operating loss by 31% (loss of $94M for the quarter) - Magic number improved from 0.40 to 0.45 -CAC payback improved from 39 months down to 33 - NRR dropped from 130% to 117% Trading at about 8X ARR right now

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