Tag: Flash update

Q123 data indicates that the growth slowdown is continuing - and most companies failed to meet even the conservative plans they set earlier this year. This was the fourth consecutive quarter of decrease in both top-decile and median year-over-year ARR growth, with only 22% of companies achieving their Q123 plans.

No one can tell exactly what 2023 will bring, but one thing is for certain: there is a sprint to efficiency with improving burn multiples and slowing revenue growth across the board. Comparing 2022 performance with 2023 plans shows the stark reality. The slowdown in ARR Growth we saw in 2022 will result in a slowdown in GAAP Revenue Growth in 2023. At the same time, startups have tightened their belts to become more efficient.

With the bulk of 2022 behind us, attention now turns to planning for 2023. The topic of conversation in every boardroom is the corresponding tradeoffs between growth and burn. Check out the tool that we built that helps you understand how you compare with other companies. Stay tuned as we’ll also be publishing our 2023 Whisper Numbers later this month.

Recapping the key 2021 trends that set the backdrop for 2022 startup performance and annual plan attainment.

And the bar gets even higher: Early Q3 data indicates that year-on-year ARR Growth in Q321 continues to accelerate. New data from Scale Studio.

Q2 marked another quarter of strong performance where the majority of our portfolio companies met or exceeded plans and continued to accelerate growth.

Enterprise SaaS is on track for a strong 2021, though a drop in sales efficiency shows many companies are aggressively spending on Sales & Marketing. New data from Scale Studio.