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accounting

3 statements across 3 episodes · 1 bullish · 0 bearish · 3 people on the record · first statement Nov 9, 2022 by Charlie Fritsch · across every show →

Everything said about accounting, oldest first

Nov 9, 2022 bullish
Prediction Not checkable as stated
Fritsch predicts BI revenue will surpass accounting software revenue by 2024
“Next year and the year after, the revenue from our business intelligence applications are gonna equal or exceed the, ah, the accounting piece.”
Charlie Fritsch Nov 9, 2022 ▶ 17:06 Partnering with an ERP as an OEM VAR-deal terms, code ownership, exit value impact?
Dec 16, 2022
Insight
Average customer retention in accounting software is 10 years
“Something to keep in mind is that your average retention when it comes to accounting is 10 years.”
Enzo Ottens Dec 16, 2022 ▶ 4:34 SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts
Jul 19, 2023 neutral
Insight
Murray: SaaS companies under $10M ARR typically outsource their accounting
“Usually what I see less than ten million they are, your accounting is outsourced. Rarely do I see someone, an in-house accountant or controller, which is nice.”
Ben Murray Jul 19, 2023 ▶ 24:36 SaaS Founder Confessionals: Lessons Learned From Raising $500 Million Dollars
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