Lemkin: Late-Stage Unicorns Must Rebuild Management Teams to Survive Market Pressures
Jason Lemkin · Jason Lemkin: PluralSight S*** the Bed & The Next IPO Candidates | E1160 · 20VC with Harry Stebbings · Jun 3, 2024 · at 39:14
Jason Lemkin, founder of SaaStr and SaaS investor, discusses the severe organizational strain and executive turnover facing highly-valued SaaS companies with Harry Stebbings.
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“And you know, you, I mean, I can't speak to Gong in particular, but I think all of these folks, they're gonna have to rebuild their entire management teams if they haven't already. You need, you just, it's too much for the team. Folks that I know that work at a lot of these unicorns that have done well they, they've left or leaving and it's not because they don't believe, but it's just too, it's too much. It's too much change. It's too hard. You need new blood and you need fresh blood, right?”
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