Fast Revenue & Stock BOOM!

AI Startups Shatter Revenue Records.

November 28, 2024

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

🚀AI startups reaching $1M revenue faster than ever

📈Palantir and Oracle driving a SaaS stock boom

🎟️Upcoming SaaS events to supercharge your network

Palantir Technologies and Oracle are making headlines as software stocks experience a massive rally, with AI leading the charge.

🚨Breaking News: Software stocks are booming, with Palantir up 293% and Oracle up 79% in 2024, driven by AI monetization and mergers.

⚡Wire Simplified –

  • Software companies are thriving, especially those integrating AI tools.

  • Palantir's and Oracle's stocks are skyrocketing in 2024.

  • AI-driven revenue and merger deals are fueling growth.

  • Post-election budgets are expected to drive even more spending in 2025.

  • SaaS firms are pivoting to AI agents for fresh revenue streams.

✔️Straight to the Point –

The stock rally reflects how AI is reshaping software industries—exciting for investors, but careful growth strategies will matter.

AI startups are setting new records, achieving $1M annualized revenue in months—faster than traditional SaaS companies ever could.

🚨Breaking News: AI startups are monetizing at lightning speed, hitting $1M in 11 months, compared to SaaS companies’ average of 15 months.

⚡Wire Simplified –

  • AI startups are growing revenue faster than previous tech companies.

  • Median time to $1M revenue: 11 months for AI, 15 months for SaaS.

  • High demand for generative AI tools fuels this acceleration.

  • Investors are betting big on AI-driven growth stories.

  • The generative AI boom shows no signs of slowing.

✔️Straight to the Point –

AI startups are raising the bar for revenue speed, proving their value—can SaaS keep up with this turbo-charged trend?

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I sometimes get stressed seeing my competitors’ marketing.

But one thing to keep in mind:

How good someone markets their product and how good their product ACTUALLY WORKS does not always align.

My new stance is to glance at competitor landing pages once a month.

I get a preview of what they’re doing, but not stressing about it daily.

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How to print money (at will) in SaaS Sales in five steps:

Step 1: Find Your Opportunity.

Find a place that has good-to-great product/market fit. This is step 1 but is insufficient by itself for durable, long term career success.

Step 2: Deconstruct Your Skills.

Break down your role into its component skills. What are the top 6-10 skills you need to be successful? "Sales" is not a skill. It's a collection of dozens of skills. Each one is manageable and masterable. You cannot master a skill that's too broadly defined. Deconstruct into component skills. Tackle them one at a time.

Step 3: Master Your Skills.

Now that you know what skills to master, master them. Spend 60 minutes every day learning, mastering, and growing. An hour a day for a year or two and you'll wake up to a completely new life.

STEP 4: Target the Right Buyers.

Use your newfound skills with the highest propensity buyers and accounts. Who you talk to is just as important as what you say. Spend all your time with bad buyers? Doesn't matter how good you are. You'll lose. Spend all your time in front of good buyers? Well, now your skills are like rocket fuel.

STEP 5: Plan for Tax Season.

Enjoy your newfound tax liability.

  1. SaaStock USA 2025

    SaaStock USA is a key event for SaaS professionals, offering insights on scaling, sales, and product growth. It's a must-attend for leaders in SaaS growth and networking, providing opportunities to connect with industry peers and gain actionable insights.
    Date: May 12-14, 2025 | Location: Austin, Texas, USA


  2. SaaSiest London 2025

    SaaSiest is expanding to London, bringing together hundreds of B2B SaaS founders, CEOs, and executives for a full day of sharing experiences and best practices. The event aims to foster a community-driven environment for networking and knowledge exchange.
    Date: February 4, 2025 | Location: 133 Houndsditch, London, United Kingdom

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