Net Dollar Retention: The New Magic Number
Investors evaluate many metrics to determine how appealing a funding opportunity could be. Customer and revenue retention performance have always been important, but are now viewed as even more so for organizations that are subscription-based.
This was a recurring theme among the more than 100 global investors who recently attended SAAS NORTH 2021, an industry event developed by L-SPARK that is focused on connecting venture capitalists with company founders. Net Dollar Retention has become a critical metric for measuring product, financial and overall company health. Read the latest Wesley Clover I/O blog to learn more.