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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/04\/18\/techcrunch-roundup-saas-benchmarks-tiktok-strategy-milestone-based-fundraising\/<\/a><\/br> Frequent readers know I enjoy using similes, so I won\u2019t disappoint:<\/p>\n SaaS companies are like leaky rowboats. If retention rates aren\u2019t strong enough to overcome customer churn, they\u2019ll take on water until they sink to the bottom.<\/p>\n Sid Jain, a senior analyst with ChartMogul, researched 2,100 companies and found that \u201cmore than half of SaaS businesses had lower retention in 2022<\/a> when compared to 2021.\u201d<\/p>\n Full TechCrunch+ articles are only available to members. In this detailed breakdown, he compares net revenue retention rates by ARR range and identifies benchmarks for companies that have yet to reach product-market fit.<\/p>\n \u201cWhat is considered a good net retention rate differs by the stage of your business,\u201d advises Jain. \u201cWhen benchmarking, always keep the stage of your business in mind.\u201d<\/p>\n Thanks for reading TC+!<\/p>\n Walter Thompson
\nTechCrunch+ roundup: SaaS benchmarks, TikTok strategy, milestone-based fundraising<\/br>
\n2023-04-18 21:46:25<\/br><\/p>\n
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Use discount code TCPLUSROUNDUP<\/strong><\/a> to save 20% off a one- or two-year subscription.<\/i><\/p>\n
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Editorial Manager, TechCrunch+
@yourprotagonist<\/a><\/p>\n3 ways to step up your short-form video and TikTok growth strategy<\/h2>\n