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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.

The Atlantic

More Tech Services Stats

56% treat “Existing Customer Renewals” as high priority

Customer Acquisition Cost (CAC) = sum of all sales & marketing expenses/ number of new customers added

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business; this will become a major drag on growth

The median SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

Since churn is so important, wouldn’t it be useful if we could predict in advance which customers were most likely to churn?

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

The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.

How to Reduce Churn

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

The median monthly revenue churn for large SaaS companies is 0.75%, translating into an annual revenue churn rate of 10%

More Culture Stats

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

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

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

Google only has a 30 percent female workforce

The boom in the industry is creating more jobs for techies. Data reveals there were 627,000 unfilled positions in tech in April 2017

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

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

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

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

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