public SaaS companies

“So we're in a six X world today, 5.86 point, whatever version you use. I think we need to be an eight X world for all this to be worth it.”

“One good thing we learned in SAS is until the Salesforce decline, we learned that generally high NRR lasts forever. It lasts to a 1,000,000,02 1,000,000,010 billion, but we also learned the CAC never comes down. And actually the public SaaS companies have the …”

“If you look at the public markets today, and you go look at all the SaaS companies, between the first decile all the way up to the 10th decile, if you break it up, everything other than the first decile is both growing and profitable.”

“If you're doing 30% plus, you can be aggressive and you should be aggressive and buy shit as a public SaaS company. What you're saying is if you're doing 10% You can't be aggressive because you've got to fix the growth story... Even though you probably should …”

“And the public company, as Jason said, up until about 2019 was 30% growth, roughly six or seven times revenues, right?”

“When you're public and your stock is floating around nowhere at a low valuation, you're just very vulnerable to this. Someone comes into view, they are, you know, you're not growing quickly. They offer you a 50% premium and you get called in, but the board get…”

“The average public SaaS company is growing, like, 16%, it feels like no one figured this out. Like, we've never grown more slowly, right? We literally, just in my presentation before, we looked at this chart, no one's ever grown this slowly.”