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Benchmarks 2023: How We’re Doing

Chief Executive

They were eye-opening, to say the least—and obviously a lot more than we could cram into an issue of the magazine—so we put the full results in a new study, Chief Executive Group’s 2022 Financial Benchmarks Report for U.S. Prices, Revenues According to our survey, 41 percent of U.S. How do you compare? percent and 15 percent.

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CEO Poll Finds Increasing Number Of U.S. Companies Still Growing, But That Could Slow

Chief Executive

But just-released data from Chief Executive ’s 2023 edition of the annual Financial Benchmarks Report for U.S. Companies shows three-quarters of companies reported a positive annual net revenue growth rate in 2022, with 42% reporting an increase of at least 10% from prior year. As the Fed knows, curbing demand in the U.S. A Tapering?

Revenue 98
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How to reinvent your product growth strategy for the tech downturn

Andrew Chen

This puts the focus squarely on burn by evaluating it as a multiple of revenue growth. In other words, if you spend $10M and gain $5M more in annual recurring revenue, that’s a 2x burn multiple — which he grades as “Suspect.” This is causing a domino effect in the industry.

ROI 85
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What to look for when you’re hiring a Head of Growth

Andrew Chen

Growing your startup’s users and revenue is so critical that it makes sense to hire someone to run it, and to potentially add a team underneath them to support this goal. I often use benchmarks like D30 >20% or projecting out M12 to be >30% to try to assess this. It’s asked often for good reason.

Scaling 82