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Reef.ai is helping companies track and expand net revenue retention

TechCrunch

When it comes to measuring SaaS success, companies look at a number of key metrics, including annual recurring revenue (ARR) and net revenue retention (NRR). We call ourselves a net retention engine, and there’s nothing out there that really focuses on that as a specific goal,” he said. Today, the company announced a $5.2

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Scientists repeat breakthrough fusion experiment, netting more power than before

TechCrunch

The fact that scientists have achieved net-positive fusion power twice should hearten investors , who bet over $4 billion on the industry in 2021 and 2022. While the most recent experiment won’t garner quite as many headlines as the one in December, it’s just as important. A breakthrough is meaningless if it can’t be replicated.

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Google Cloud growth slows as Alphabet net income plunges

CIO

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

The average cost of shipping a standard large container reached $10,000 in 2021 , but from 2015 to 2020, the number largely trended below $2,000. Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless by Rita Liao originally published on TechCrunch.

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Electric automaker Rivian valuation pops above GM, Ford in biggest IPO of 2021

TechCrunch

To say that investor demand has been frenetic is perhaps the understatement of 2021. In the first half of 2021, the company spent $683 million on R&D.). As a result, net losses have expanded as it prepared for production of the R1T pickup truck and R1S SUV. Underwriters also had an option to buy up to 20.25

.Net 248
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SaaS retention benchmarks: How does your business stack up?

TechCrunch

It’s no surprise, given all this, that companies with higher net revenue retention often command higher valuations. Retention in 2022 was harder than ever More than half of SaaS businesses had lower retention in 2022 when compared to 2021. Percentage of companies that had a higher net revenue retention vs. previous year.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Brian explores in What we expect from MWC 2021. net loss for Q4 2022 by Christine Hall originally published on TechCrunch Startups and VC The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad.

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