Stop me if you’ve heard this one before: Apple device sales have taken a hit, but the company’s services are doing swell. The iPhone, the longtime cornerstone of the company’s hardware portfolio, hit $28.96 billion in revenue for Q2, down from $31.1 billion from this time last year. The iPad and Mac lines saw drops…
Another startup has turned to downsizing and fund raising to help weather the uncertainty around the economy amid the global coronavirus health pandemic. People.ai, a predictive sales startup backed by Andreessen Horowitz, Iconiq, Lightspeed and other investors and last year valued at around $500 million, has laid off around 30 people, working out to about…
Walmart stock surged on Friday as the company recorded huge sales in the first quarter. Up 0.5% this year, WMT has comfortably outperformed the broader Dow Jones amid the stock market crash. Unfortunately for Dow bulls, Walmart’s stunning sales are unlikely to continue. Walmart (NYSE: WMT) stock has been an impressive performer in the Dow…
Brian Ascher is a partner at Venrock, where he invests broadly across enterprise and fintech and serves on the boards of several companies, including Personal Capital, 6Sense, Socrates AI, Dynamic Signal, Retail Solutions, SmartBiz Loans, and Inrix. More posts by this contributor Once you’ve found product/market fit, scaling a SaaS business is all about honing…
How and why sales efficiency could help tech startups unlock growth Ryan Floyd is a founding managing director of Storm Ventures, investing in early-stage enterprise SaaS companies, and the host of Ask a VC YouTube channel. Sales efficiency is the best way to understand the economics of a business. To me, it answers the question…
Madden NFL 20 continues its run of success, landing the top spot in U.S. digital PlayStation 4 sales for the second consecutive month. | Photo by Mark RALSTON / AFPMadden NFL 20 topped the charts for U.S. digital sales of PlayStation 4 games for the month of August, making it the best-selling title for two…
Sales organizations are changing, and now companies are looking for a different type of sales leader It wasn’t so long ago that sales meant just showing up with a deck and a smile. These days, it seems that sales leaders almost need a PhD in statistics just to get through the typical day managing a…
