SaaS venture funds
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 18, 2023 by Jason Lemkin · across every show →
Everything said about SaaS venture funds, oldest first
May 18, 2023 neutral
Lemkin: 3x SaaS fund returns require 10x public revenue multiples
“Once the top public companies are trading at about 10 X on average, 10 X or above, that's normalcy for venture. And you can make a spreadsheet and you can talk about why and how ownership works out to distributions and, but it's pretty hard to build a three X …”