The Official SaaStr Podcast: SaaS | Founders | Investors

SaaStr 769: The State of SaaS Go-to-Market with Theory Ventures General Partner Tomasz Tunguz

6 snips
Oct 25, 2024
Tomasz Tunguz, General Partner at Theory Ventures, dives into the evolving landscape of SaaS Go-to-Market strategies. He discusses the recent shift from security concerns to ROI as the main barrier for AI adoption. The survey insights reveal longer sales cycles and increased sales quotas, yet founders remain optimistic. Interestingly, AI has yet to prove its value in conversion rates or ARR growth. For those contemplating pricing changes, introducing hybrid models could boost net dollar retention significantly.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Unpredictable Software Sales

  • Modern sales software behaves unpredictably, unlike traditional software like Salesforce.
  • AI-driven tools often function correctly only 80-85% of the time, changing how people buy software.
INSIGHT

Shifting Barriers to AI Adoption

  • The main barrier to AI adoption has shifted from security concerns to ROI.
  • Buyers struggle to find value in AI systems, impacting the software market.
INSIGHT

Changing Sales Model

  • The traditional sales model (AE + SDR + CSM) may be changing.
  • Two-thirds of sales development reps may lose their jobs due to evolving software sales.
Get the Snipd Podcast app to discover more snips from this episode
Get the app