Clay — the breakthrough AI GTM startup — saw signups surge from 10-15 per day to >1,000 per day (!) in only a year.
But of these signups:
1️⃣ 20% were repeat signups
2️⃣ 19% were fakes
3️⃣ 8% were bots
This makes conversion data nearly impossible to discern. It leads to sales & marketing resources wasted on folks who won't buy. And it could cause a startup to either abandon or water down a PLG strategy.
full article - https://www.growthunhinged.com/p/stop-fake-accounts