SaaS industry

“Historically, that number was around six. You know, the median SaaS company was trading at about six times their next 12 months revenue, and it went all the way to 15 during this sort of COVID bubble in twenty-twenty-one. And for the high-growth SaaS companies…”

“Two X is the new three X. If you can grow two X year over year in this environment, that is as good as, or better than growing three X last year.”

“And I think that what that could do is cause a vicious cycle where we start seeing, I wouldn't say death spiral, I think this vicious cycle for the next year or so where seat contraction becomes the norm instead of seat expansion.”

“I think, and this is order of magnitude correct, that Anthropic in Q-one added 70% of the net new ARR in the SaaS industry, right, defined by public SaaS companies, right?”

“If you look at SaaS in 2021, The median growth rate for SaaS companies was 17%, and a quarter of those were growing over 25%, ok? If you look at SaaS today, The growth rate has been cut in half, 17% to nine percent, and only five percent of that cohort is now …”