Quote Info
Survey results indicate that companies in the $7.5MM-$15MM range are among the fastest growers. The median growth in this range is much greater than the median of companies half their size. Interestingly, there was a similar bump-up last year, but for companies between $5MM-$7.5MM.
There doesn’t appear to be any relationship between median contract size and growth other than a bump-up for the <$1K and $15K-$25K groups (though this could be skewed by sparse data in those groups). Last year, the bump-up occurred for companies in the $100K-$250K AVC range.
For Entrepreneurs.com
More SaaS + Software Stats
When venture capitalists participate in seed rounds, the average round size is 3x larger
More Growth Strategy Stats
Sony’s PlayStation brand had accumulated approximately 38.57 million fans on the social network
In 2018, the revenue of General Dynamics amounted to nearly 36.2 billion U.S. dollars.
Less than 20% of new revenue came from existing customers in the form of up-sell and expansion sales
A 1% increase in pricing strategy yields an average 11% increase in profit