In a recent report by Battery Ventures on the State of Cloud Software Spending, it was revealed that bottom-up sales approaches may soon be dead. Contract approval times are slowing down as senior executives are tightening restrictions on self-procurement, even in the dev/test environment. Crunchbase has announced that it has started measuring how much venture capital flows to members of the LGBTQ+ community as they receive less than 1% of startup funding according to one estimate. SaaS pricing has become a mix of art and science, especially with the advent of AI possibilities in the industry. Scientists who transition to tech startups are valued for their ability to handle complex projects to completion. In reality, startups may not always make billions of dollars for everyone involved. Instead, some may face challenges such as acquiring customers, hiring talent and managing funds. Investors and entrepreneurs need to focus on scalable solutions that can combat climate change, such as nuclear fusion. However, there is no consensus yet on how to price AI-enabled tools.
Heroes Jobs is a career platform that raised $9M in funding and reached $2M in ARR. After realizing acquisition costs were too high, Heroes Jobs sold to work marketplace JobGet.
Dr. Stacy Blain, co-founder and chief science officer at Concarlo Therapeutics, transitioned from academia to tech startups and faced various challenges but was able to apply her scientific problem-solving skills in her new field.
Oii.ai shared its seed deck, which helped them secure a $1.85M round, with TechCrunch+.
Jake Saper, the general partner at Emergence Capital, wrote an article detailing his framework for AI feature pricing and compared monthly costs from eight major SaaS companies.
AI-enabled tools have found new use cases, but there is no broad consensus on how they should be priced even as companies uncover more possibilities such as Salesforce, Box, and CrowdStrike.
