Women in western countries use the internet 17 percent more than their male counterparts

From The Atlantic
Quote in SaaS & Tech Growth Strategy

If you’re a man between the ages of 18 and 35, you used to be tech industry’s most coveted prize. You were the one who decided what products failed and what products succeeded. That’s why companies like Asus tweet ridiculous, sexist stuff. That’s one reason why less than 10 percent of venture capital-backed companies have female founders and there is a massive gender gap in tech. The technology industry’s focus on men is reflexive and all too intuitive to the men who run the companies. And it’s built on a plain wrong reading of the reality of the market.

More Tech Services Stats

SAAS companies invest between 80% and 120% of their revenue in sales and marketing in the first 5 years of their existence

In 2018, the revenue of General Dynamics amounted to nearly 36.2 billion U.S. dollars.

Our experiences with SaaS startups indicate that they usually start with a couple of lead generation programs such as Pay Per Click Google Ad-words, radio ads, etc

Achieving a SaaS Quick Ratio of 4 is a good benchmark for young, high-growth companies but the equation changes as those companies reach scale

47% of millennials want to work at diverse companies, according to a recent study.

Gross dollar churn among companies with an internet go-to-market strategy saw a meaningful increase, up from 8% in 2015

Increases in revenue growth rates drive twice as much market-capitalisation gain as margin improvements for companies with less than $4 billion in revenues

Growing faster has twice as much impact on share price as improving margins

The 2015 median revenue growth rate was 44%, while the median projected growth rate for 2016 is 48%

In 2018, the market size of information technology outsourcing amounted to 62 billion U.S. dollars.

More SaaS & Tech Growth Strategy Stats

Japanese company Hitachi accounted for three percent of the world’s market for diagnostic imaging in 2017.

At Facebook, 15 percent of tech roles are staffed by women

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.

Negative Churn and Expansion Revenue

As companies scale their growth engines, a slightly-above-average churn rate becomes harder and harder to offset with net new revenue growth, especially when the goal is to outpace it by 4x

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

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.

When determining Sales Capacity, “it’s worth noting that some percentage of new sales hires won’t meet expectations, so that should be taken into consideration when setting hiring goals. Typically we have seen failure rates around 25-30% for field sales reps, but this varies by company. The failure rate is lower for inside sales reps. can be counted as half of a productive rep”

Investment in marketing automation tools is expected to reach $25 billion by the year 2023

SAAS companies with >$250K median ACV book nearly 25% of their contracts at 3 years or longer