The Ledger

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Insight
Newman: Standard SaaS metrics like Rule of 40 fail for deep tech
“The way that those products and industries evolve, you can't use the same rubric like you can looking at SAS and applying the rule of 40.”
Ari Newman Dec 9, 2025 ▶ 13:05 The Future of Venture: Massive VC's Vision for Longevity and Impact
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