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This Week in SaaS: PluralSight Goes to Zero, Salesforce and Mongo Hit Hard, The Next IPO Candidates and How Do We Solve the Problem of Liquidity in Venture Capital
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Focus on Diverse Revenue Streams and Customer Expansion
The tech industry is not entirely in a downturn as certain sectors like SaaS to consumers, vertical SaaS, and security are thriving with significant growth rates. Companies with diverse product offerings like Salesforce and HubSpot are better positioned to weather challenges. Salesforce, for instance, is facing budget cuts and increased pipeline requirements, while HubSpot has successfully diversified its product portfolio. Founders are advised to expand their product range and customer base to sustain growth beyond a single product focus.
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