public SaaS companies

“What percent of public SaaS companies are new versions Of existing categories. New versions. It's about 80%, ok?”

“If you look across all the public SaaS companies, most of them get multi-product well before they have 10,000 customers in any market.”

“Not so many companies will eventually exit at several billion dollars or even or even, even more than that. And I think that that is something that investors are starting to factor in more than they did that some years ago.”

“The median net magic number for public SaaS companies has dropped from .7 X earlier last year To .3 X in the most recent quarter.”

“I was putting together a list of how many customers public SaaS companies have on average just the other day. And I realized it's 30,000 on average.”

“Even worse, a number of public SaaS companies you probably know threatened to sue users or threatened legal action. One of them is well over a hundred billion dollars in market cap has repeatedly. You can see it on X. If you search sent messages threatening to…”

“Not only has AI changed the world, but we're never going to live in a world where 200,000 dollars per employee is tolerable when you're public. It's now 400,000 and up 400,000 to 500,000.”