Remove Acquisition Remove Product Remove SaaS Remove Sales
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Why GoToMeeting’s SaaS Playbook Wouldn’t Work Today

InfoChachkie

It was a decade ago that I led the sale of Expertcity (creator of GoToMeeting) to Citrix. During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. Circa 2001, Yahoo publicly declared that they didn’t do cost per acquisition (CPA) deals.

SaaS 100
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. 4 key areas SaaS startups must address to scale infrastructure for the enterprise.

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Teletrac Sold To Danaher

socalTECH

Garden Grove-bsaed Teletrac , a developer of cloud-based, software-as-a-service products for fleet tracking and fleet operators, has been sold to Danaher , according to private equity investor Vector Capital. Financial terms of the sale were not disclosed. READ MORE>>.

SaaS 138
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ServiceTitan Acquires Aspire, Raises $200M More

socalTECH

Financial details of the acquisition were not announced. According to ServiceTitan, the acquisition came alongside a new, $200M investment from private equity investor Thoma Bravo. ServiceTitan said it is hiring, particularly in customer support, sales, product, and engineering. Aspire Software is based in St.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

GrubMarket , which provides a B2C platform for consumers to order produce and other food and home items for delivery, and a B2B service where it supplies grocery stores, meal-kit companies and other food tech startups with products that they resell, is today announcing that it has raised $60 million in a Series D round of funding.

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition. Customer acquisition cost. Gross margin positive != End of story.

Metrics 150
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Drive your recurring revenues.

Berkonomics

Typical examples are software as a service (SaaS) models, or any kind of content-driven subscription model. Especially for a provider of a virtual good or service, costs of goods sold do not scale with sales, as they do in the real world. If you get back customer acquisition costs in one year, you’re doing great.