The fastest growing SaaS companies raise an average of $9.5M in Series A funding
The median startup spends 92% of first year revenue on customer acquisition, taking 11-months to payback their Customer Acquisition Cost
If a software company grows at 20% annually, it has a 92% chance of ceasing to exist within a few years
In 2017, the world invested around 3.4 billion U.S. dollars in small hydropower technologies, down from 3.9 billion U.S. dollars in 2016.
It’s 9x cheaper to retain existing customers than acquire new customers: costing $0.13 to acquire any additional dollar of revenue
General Dynamics is a market leader in the aerospace and defense industry. In 2018, a total of 105,600 people were working at General Dynamics.
Sony’s PlayStation brand had accumulated approximately 38.57 million fans on the social network
The boom in the industry is creating more jobs for techies. Data reveals there were 627,000 unfilled positions in tech in April 2017
Software and online services are in a period of dizzying growth
Negative Churn and Expansion Revenue
In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.
In 2017, Foxconn Technology Group achieved a net income of 135.37 billion New Taiwanese dollars, the equivalent to approximately 4.55 billion U.S. dollars.
In 2019, spending on IT services is expected to amount to 1,016 billion U.S. dollars worldwide
Japanese company Hitachi accounted for three percent of the world’s market for diagnostic imaging in 2017.
As of December 2018, there were total 105,000 employees in Lockheed Martin, as compared to 126,000 employees in 2015.
Moving from $1.5 million with an eye towards $10 million in ARR is a tough a task and will take an excellent VP of sales to get you there
SAAS companies that are focused mainly on enterprise sales have higher levels of professional services
High-growth companies generate 60% fewer sales opportunities than low-growth companies