Weekly DaaS Roundup for September 12

DaaS Never Sleeps

September 12, 2024

NEWS, READS AND MORE

Chartmogul looked at over 2500 SaaS companies to figure out what poor, good and great NRR in 2024 looks like and what that means. "The median company with ≥100% NRR grows at 48% year-over-year, double the speed of SaaS companies in lower NRR ranges."

Goldman Sachs published a note last week highlighting an “incredible” drop in traffic to ChatGPT. The only problem? They were looking at the wrong url. Yet another reminder that even esteemed organizations such as GS can fall into the confirmation bias trap and that if you’re presented with data that seems too good to be true, it probably is.  

Great overview of the tech investing landscape and how AI is upending it. There will probably be a lot of new companies, but far fewer investment opportunities as the tech brings startup costs way down.

Bobsled’s Jake Graham gave his views on where he sees DaaS heading and why its imperative for DaaS to meet their clients wherever their data may reside.

🎧THE LATEST WOD PODCAST 🎧

Bjorn Lomborg is the president of the Copenhagen Consensus Center and has authored several bestselling books including "The Skeptical Environmentalist", "False Alarm" and recently “Best Things First.”    

In this episode of World of DaaS, Bjorn and Auren discuss:

  • The most efficient policies to save lives

  • Evaluating charitable ROI 

  • The real costs of climate change mitigation

  • Sweden vs Denmark

World of DaaS is now officially a 35K+ sub channel on YouTube! We started the year 7K strong. Who knew there were so many data nerds enthusiasts out there!

M&A AND FUNDING

Salesforce acquires data management firm Own for $1.9B in cash

Salesforce has acquired Own Company, a New Jersey-based provider of data management and protection solutions, for $1.9 billion in cash (after subtracting

Protege Raises $10 Million and Launches Platform for AI Training Data

Protege announced a $10 million seed round and the launch of its AI training data platform to help resolve one of the biggest issues in AI development — accessing the right training data.

Catena Clearing Raises $2 Million to Revolutionize Data Interoperability in Supply Chains.

Catena Clearing, The Universal Data Connector for Supply Chains has raised $2 million in seed funding from Teamworthy Ventures and Shaper Capital. Catena Clearing is dedicated to ensuring data interoperability across thousands of vendors in the supply chain.

RANDOM ART(TIFICIAL HALLUCINATION) OF THE WEEK

prompt: that unapparent summer air in early fall

Reply

or to participate.