Makkar: Bessemer evaluates vertical SaaS entirely on metrics, not domain expertise
Divyanshu Makkar · How He Built India's #1 SaaS for Manufacturers? Ft. Divyaanshu Makkar, Co-Founder-Sourcewiz · Aug 23, 2022 · at 14:34
Divyanshu Makkar reflects on his investing tenure at Bessemer Venture Partners, explaining how investors evaluate vertical SaaS businesses in unfamiliar industries.
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“And at Bessemer, at least we were very, very metric driven. And I think we published like a good, better, best of SaaS, global SaaS out there. So pretty much that's how I'm going to evaluate. So there were companies in oil and gas. I have no idea about oil and gas, but if it hits a couple of those metrics, right, I am intended to learn more about the company.”
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