Gabe Naviasky’s Post

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Co-Founder @ Leadbeam- Helping Field Sales Reps HATE Their CRM Less

What happened with Salesforce? And what does that mean for SaaS. Salesforce missed its revenue forecast for the first time in 20 years, causing a 20% drop in stock ($40+ billion in market cap). Salesforce is a tech industry bellwether due to its widespread use and seat-based pricing and is often a proxy for the state of SaaS. A revenue miss shows companies are spending slightly less on GTM with less growth, but even with that Salesforce barely missed the revenue target by $10 million. The bigger issue was the softer forecast, projecting only single-digit growth this year. Why the miss and lighter forecast? - Longer Deal Cycles: Deals are taking more time to close with increased buyer scrutiny. - Rising Competition: New AI-native options are emerging, with better UI/UX and lower prices. - Efficiency Focus: Companies are staying leaner, focusing on revenue per employee rather than growth at all costs. The forecast shows that yearly headcount increases for companies aren't guaranteed. As companies aim for efficient growth, Salesforce’s stock is expected to shift from growth to value. Unless there is a big SaaS rebound, they'll continue to grow, but at a slower rate and most likely through M&A, partnerships, or additional AI products. #salesforce

Lewis Chawko

Founder | RevOps Connoisseur | Startup Pulse Podcast Host

1mo

Stock gone down cuz HubSpot is king and SFDC is becoming legacy

It feels like we finally reached SaaS burnout. AI offers the ability to slash all those excess subscriptions and keep costs down. And with these large SaaS players forced to spend on AI buildout to keep up, they have to show revenue from the buildout to keep investors from running away

Mor Raphael Shabtai

Co-Founder / Alta (Revenue Platform)

1mo

100%

Michael S. Wentzel

Professional Headshots | Fearless headshot experiences

1mo

Well said!

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