Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! Fed Update This week the fed hiked the fed funds rate by 75bps, bringing the target range now to 3.0% - 3.25%. What was more interesting than the 75bps hike (this was fairly consensus), was the commentary Powell made in his prepared remarks. One message was clear - he doubled down on the hawkish tone he spoke with in Jackson Hole. The Fed is clearly looking to fight inflation at all costs, regardless of the impacts their policy creates on the broader economy. The Dot Plot, which represents where each FOMC member believes rates will head, now implies a 75bps hike in November and 50bps in December, getting us to a year end rate of 4.25% - 4.5%. Current projections are 4.4%.
Very informative post. Would you also add "attrition rate" in the tables ( if it is easily doable). I find attrition rate to be very important matric while evaluating Saas companies..
Jamin,
Very informative post. Would you also add "attrition rate" in the tables ( if it is easily doable). I find attrition rate to be very important matric while evaluating Saas companies..