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And BVP’s assertion is backed up by Pacific Crest in their Private Saa S Company Survey Results that show roughly 70% of Saa S companies in their survey had annual churn in the . and sometimes much worse (as you’ll see in a second).
Now what about the Saa S providers that aren’t included in surveys like that one or who don’t appear in the logo list of the top investor portfolios and who are just trying to grow? Honestly, for those companies, it isn’t a lack of customers in the front door that is stopping their growth; it’s the constant flow of customers out the back door that is killing their business!
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