In 2017, the global adoption rate for biotech soybean amounted to 77 percent.

Statistic Info

Adoption of GM technology among selected major crops worldwide in 2017, by type*

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63 percent of the time, women receive lower salary offers than men for the same job at the same company

In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.

Internet Sales strategies have a significantly lower CAC of just $0.42

The very best SaaS businesses have a negative revenue churn rate and will have a Revenue Retention Rate of greater than 100%

The median annual unit churn for SAAS companies was 10% in 2016

Because of the losses in the early days, which get bigger the more successful the company is at acquiring customers, it is much harder for management and investors to figure out whether a SaaS business is financially viable.

It’s 9x cheaper to retain existing customers than acquire new customers: costing $0.13 to acquire any additional dollar of revenue

If a software company grows at 20% annually, it has a 92% chance of ceasing to exist within a few years

While field sales remains the most popular way to sell for companies >$2.5MM revenue, companies with <$2.5MM revenue tended to use inside sales as their primary mode of distribution

The best SAAS businesses have a LTV to CAC ratio that is higher than 3, sometimes as high as 7 or 8

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Customer Segmentation analysis will help point out which are your most profitable segments

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts

Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000

in 2016, women-led companies received $1.46 billion in investments from venture capitalists. Male-led companies, on the other hand, received $58.2 billion

SAAS companies need to track the number of visitors, trials and closed deals; And also track the conversion rates, with the goal of improving those over time

The average Quick Ratio of fastest growing SaaS companies (those with a CAGR of over 50%) is 3.9: generating $3.9 in revenue for every $1 lost to revenue churn

Three uses for the SaaS Guidelines

The venture-backed companies that were acquired most often had a 7 percent share of female execs, as opposed to 3 percent at unsuccessful (unacquired) firms

The fastest growing SAAS companies averaged $250k in MRR and were only losing around 3.2% of that revenue each month to churn

SaaS businesses face significant losses in the early years (and often an associated cash flow problem)