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

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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

Internet sales strategies are the only sales method to see a decline in CAC, dropping from $0.54 to $0.42 between 2014 and 2015

In 2017, Foxconn Technology Group achieved revenue of 158.15 billion U.S. dollars.

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 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 top 50% of the fastest growing SaaS businesses generate much higher upsells than their competitors. The larger the business, the greater the impact of upselling

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.

Analyzed by contract value, field sales are primarily evident for companies with median deals over $25K. Inside sales strategies are most popular for companies with $1K-$25K median deal sizes

Sustaining growth is really hard

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

36% of SaaS businesses managed to reduce their revenue churn over the last 12-months

More Culture Stats

Google only has a 30 percent female workforce

Three large technology companies in Silicon Valley had no black employees at all in 2016

Only 20% of Tech Jobs are Held by Women

Ten large technology companies in Silicon Valley did not employ a single black woman in 2016

Six large technology companies in Silicon Valley did not have a single female executive

It’s been reported that women who work in computer and mathematical fields earn 80 cents to the dollar that men earn doing the same job

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

At Twitter, 10 percent of tech roles are staffed by women

Women-led companies have historically performed three times better than those with male CEOs

The lack of workforce diversity and unconscious bias is a systemic problem in Silicon Valley