public markets

“Well, today, revenue multiples are quite hot. It's a great time to fundraise. Roughly at 10 times revenue multiples in the public markets.”

“It will take a while for the private markets to adjust to what we've seen very rapidly happen in the public markets. And I think that's going to impact deal pace as well.”

“Even after this pullback, We're still looking at, you know, eight, nine, 10 X multiples in the public markets on revenue.”

“The public markets are okay if you have consumptive based revenue, as long as it looks like recurring revenue. If you have a 140% NRR, no one cares where it comes from, right? Whether it comes from Bitcoin, 20 year contracts, six second contracts.”

“You want to have people lined up in the dugout ready to take on the next job, and that is so much more important in the public market because The market's not going to give you grace if you have an open role or a leadership gap that you can't manage.”

“Just like today the public markets in B to B are dominated by the SaaS attackers, I predict in the next decade the PLG attackers will dominate the public markets for the categories that it's in.”

“Today, the public markets absolutely care to an extent, right? And a software company really does need to have north of 70% margins.”

“Profitability efficiency is great. It may be necessary. It may be necessary. If you don't have capital, if you're bootstrapped, if you've spent all your money, the public markets are demanding that everybody be more efficient, but it's not enough. So profitabl…”

“And only 20 SaaS companies per year can actually make it public. We don't think this number is going to go higher than this anytime soon.”