Frequent readers know I love using equations, so I won’t disappoint: SaaS companies are like leaky rowboats. If retention rates aren’t strong enough to overcome churn, they will absorb water until they sink to the bottom. Sid Jain, a senior analyst at ChartMogul, surveyed 2,100 companies and found that “more than half of SaaS companies … Read more
Sid is a senior analyst at ChartMogula SaaS subscription analytics platform. Retention is not silver bullet, but in SaaS it comes closest. High retention indicates a strong product-market fit. It is proof that you are solving a real problem and adding value to your customers. High retention also means better growth. Companies with best-in-class retention … Read more
The global management consulting industry is worth billions of dollars, but to this day it’s hard to disrupt with technology. Traditional consultancies offer high quality services but are expensive and have rigid terms and conditions. And while there are plenty of portals that offer low-quality freelance consulting services, they are generally unsupervised and would never … Read more
Healinga functional hydration brand, is entering a new phase of its growth, including nearly quadrupling its retail presence from 2021, finalizing its leadership team, and completing $5.6 million in Series A funding. It’s been a hot minute since businesskinda.com checked in with the brand — nearly three years, in fact — which has been carving … Read more
To get a roundup of businesskinda.com’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Happy Monday Crunch! Haje is wrapping up this newsletter before heading to businesskinda.com Early Stage 2023 in Boston on April 20. It’s not too late to get your ticket! Meanwhile, on the Equity … Read more
A British credit card rewards start-up aimed at millennials and Gen Z consumers has stumbled upon a combined business model that has now brought it £12.5 million ($15.4 million) in an equity round of investors. Over there is the closest credit card to AMEX or Chase Sapphire in the US, but it combines that credit … Read more
As the economy has become more difficult, many companies have moved from buying assets to renting them. There’s a squiggly acronym for this, which is XaaS or “Everything-as-a-Service”, aka “Servitization”. An example of this would be Serve now that automates business operations services. A new player in this space is To restfrom Germany, which bills … Read more
French startup Fleet has grown nicely over the past four years as the company has deployed nearly 10,000 devices under long-term leases. The company has not raised any outside financing and is reinvesting as much of its earnings into the business as possible. Originally, Fleet had a very simple product offering. Businesses of all sizes … Read more
Anyone in the UK who has tried one health service recent medical appointment will know how much of an ordeal it can be, with median wait times for consultant-led elective care (i.e., pre-planned inpatient treatment) currently rolling around 14.6 weeks in England. This has led to a spike in people turn to the private medical … Read more
Sam Chaudhary takes his time. The founder of ClassDojo, an edtech consumer app focused on student classrooms, spent eight years building the company before introducing a formal revenue model. All while raising more than tens of millions in venture capital from elite Silicon Valley investors with a grand mission in mind: to become the brand … Read more