software startups
3 statements across 3 episodes · 0 bullish · 3 bearish · 3 people on the record · first statement May 23, 2022 by Brad Gerstner · across every show →
Everything said about software startups, oldest first
May 23, 2022 bearish
Gerstner: Startups valued at 100x ARR will likely never reach those prices again
“If you were slapping a hundred X ARR revenue, or multiple, on a company doing fifty million in revenue, It's highly likely that they will never see that price again, whatever you paid for that asset, because the dilution and the deceleration and their growth r…”
Apr 14, 2023 bearish
Friedberg: Software publishing and startups could fade as users generate tools via AI
“I really do believe that at some point, the whole concept of publishers and publishing maybe goes away. Where, you know, much like we saw so much of the content on the internet today being user generated, you know, most of the content is made by individuals po…”