Saas News Hubb
Advertisement Banner
  • Home
  • SaaS
  • SaaS News
  • Contact
No Result
View All Result
  • Home
  • SaaS
  • SaaS News
  • Contact
No Result
View All Result
Gourmet News Hubb
No Result
View All Result
Home SaaS News

Growth Slowed Down About 33% On Average For Everyone in Q1

admin by admin
June 6, 2023
in SaaS News


So two recent data analyses across both private and public SaaS companies interestingly showed basically the same thing: for the best SaaS companies, on average, growth in Q1 was down about 33% or so from a year ago.

The time periods are different, but they also are sourcing the data at slightly different times.

ChartMogul’s data, which we covered in another recent post here, shows data from 1000+ SaaS startups from $1m-$30m ARR in essentially real-time, as they are doing real-time revenue analytics.

What did they see?  Growth rates down about 33% from the peak 2 years ago, and maybe 20% from a year ago:

Jamin Bill of Altimeter did a different analysis looking at the top public SaaS and Cloud companies.  He found new bookings in Q1’23 were down about 33% on average from Q4’22:

Yes, these are slightly different time frames, but the same basic trends.  SaaS has gotten about 33% harder overall.  Not impossible.  Not frozen.  Just about 33% harder.

Of course, that doesn’t mean everyone is slowing down. Interestingly, Jamin’s analysis sort of ties to my experience.  About 15% of public SaaS and Cloud companies still accelerated in Q1’23, and another 15% saw only minimal slowing.  That’s basically what I’ve seen in my own startup portfolio.  Maybe 30% aren’t impacted by or are mostly shrugging off the current macro issues.  The rest are impacting, to varying degrees.

Net net, if it’s gotten 33% harder, you are in good company.  If it’s gotten more than 33% harder, challenge yourself to make sure it’s not just … you.

 



Source link

Previous Post

The Top Benefits of AI for Marketers [State of AI Data]

Next Post

3 Tips to Create Shoppable Content That Converts

Next Post

3 Tips to Create Shoppable Content That Converts

Recommended

Drive Business Success with Objectives and Key Results

6 months ago

7 Steps To Building A Successful International Ecommerce Business

9 months ago

10+ of The Top Mistakes Sales Reps Make … That Kill Deals (Updated)

4 months ago

Learn Skills and Earn Trailhead Ranger Rank

6 months ago

“Is the Seed VC Model Broken?” New!! 20VC With Floodgate, Founder Collective, Harry and Jason

6 days ago

10+ Of The Most Common Mistakes in Early SaaS Sales (Updated)

2 months ago

© Saas News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • SaaS
  • SaaS News
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • SaaS
  • SaaS News
  • Contact

© 2022 Saas News Hubb All rights reserved.