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SaaS founders

3 statements across 3 episodes · 0 bullish · 3 bearish · 1 people on the record · first statement Jul 1, 2015 by Jason Lemkin · across every show →

Everything said about SaaS founders, oldest first

Jul 1, 2015 bearish
Insight
Lemkin: $1M MRR is the worst time to sell a SaaS startup
“While operationally that may be a good time to sell, that's when I sold it, basically a million a month in revenue, it's the worst time to sell. So never sell at that point unless it's twice the maximum amount of money you would ever want.”
Jason Lemkin Jul 1, 2015 ▶ 6:42 20 VC 050: Starting, Building and Selling in SaaS with the King of SaaS, Jason Lemkin, Managing Director @ Storm Ventures
Jan 22, 2026 negative
Insight
Lemkin: Existing SaaS Founders Have No Excuse for Lagging in AI
“There's no excuse. We all use the same LLMs. There is no excuse for you to not have an agent as good as the new kids.”
Jason Lemkin Jan 22, 2026 ▶ 11:47 Elon Musk vs Sam Altman | The Implosion of Thinking Machines | Can VC Survive Public Pricing? · 20VC with Harry Stebbings
Apr 30, 2026 bearish
Prediction Not checkable as stated
Lemkin: Blocked SaaS founders will increasingly pass company control to peer CEOs
“This is a micro trend that I think is going to accelerate this year is founders giving the keys to their friends, not completely quitting, like eight months after an accelerator that didn't work out, but I mean, it's just, I'm at 40,000,050 1,000,020 million, …”
Jason Lemkin Apr 30, 2026 ▶ 58:37 Anthropic Raises $45B but Falls Short on Compute & Thoma Bravo Hand Back Medallia Keys to Creditors · 20VC with Harry Stebbings
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