"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

September 20, 2020

Great Talk - SaaS Startup Opportunity

 


Beautiful Thoughts from KissFlow CEO
  • Algorithmic AI is a commodity
  • Data is the differentiator
  • SaaS - Next Best Opportunity
  • 1X revenue - 10X valuation for startups
  • Services 1X revenue - 3X value / profits
  • 15K SaaS professionals in Chennai
  • Zoho = 5X of Freshworks
This slide from Telegram groups gave a different perspective of building products/solutions

Startup Advice

  • Net Revenue Retention = (Renewal month to month recurring revenue + Expansion month to month recurring revenue - Churn monthly recurring revenue - Downgrade monthly recurring revenue) / Beginning Monthly recurring revenue
  • Gross Revenue Retention = (Renewal Monthly recurring revenue - Churn monthly recurring revenue - Downgrade monthly recurring revenue) / Beginning monthly recurring revenue
  • Customer Churn = (Initial Customer Count - Churned Customer count)/ Initial Customer Count
  • Customer Acquisition Cost = Sales Spend + Marketing Spend
  • Retention Margins = (Top Line Revenue - Cost of Revenue - Customer Service and Success Costs) / Top Line Revenue
Keep Thinking!!!

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