David Sacks

@DavidSacks ↗

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Last Checked Nov. 30, 2022

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Wed Nov 30 22:15:19 +0000 2022

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David Sacks @DavidSacks

The Fed got the whole economy hooked on drugs, then forced it to go cold turkey this year. Now come the withdrawals. — PolitiTweet.org

Posted Nov. 30, 2022 Just a Typo

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David Sacks @DavidSacks

Salesforce, the bellwether SaaS company, saw Net New ARR decrease by 2/3rds in the most recent quarter. That’s a huge slowdown. But also, it implies the need to cut over $2 billion of sales & mktg if it wants to maintain CAC payback at reasonable levels. — PolitiTweet.org

Salesforce added ~$360m of net new ARR in the quarter (using subscription rev x 4 as proxy for ARR so it's imperfec… https://t.co/SoSRv3pydR

Posted Nov. 30, 2022

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David Sacks @DavidSacks

The Fed got the whole economy hooked on the drug of easy money, then forced it to go cold turkey this year. Now come the withdrawals. — PolitiTweet.org

Posted Nov. 30, 2022 Just a Typo