Sierra Ventures maintains an advisory board of 75 to 80 CXOs
Vignesh Ravikumar · Why "SaaS Apocalypse" is the Best Filter for Top 1% of Founders | Vignesh Ravikumar, Sierra Ventures · Apr 30, 2026 · at 2:59
Vignesh Ravikumar describes the strategic resources Sierra Ventures built to support portfolio companies.
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“One of the things is our CXO advisory boards, you know, group of about 75, 80, fortune, 2000 CIOs and CTOs, all tech buyers.”
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“And obviously as early stage investors, we're not investing in any SaaS companies anymore. Most of it is AI native building some sort of AI agents and stuff like that, but we don't see it as a, we don't see the SaaSpocalypse thing as a, as an inevitability.”
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“This would be 20... 12 and 20 12 vintage. And then the other funds are probably four to six X TVPI.”
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“We've obviously, we'll consider secondaries, but I would say for the most part, one of the benefits of having Sierra on the cap table is the founders get a lot of reputational benefits as a result. So we try not to sell. We don't want to create any negative si…”