Carmen Yuen, General Partner at Vertex Ventures, reflects on the reality that B2B SaaS startups in emerging markets often rely on services revenue early on.
“Most of our SaaS companies have certain elements of services revenue.”
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More from Carmen Yuen
PredictionNot checkable as stated
Yuen: Southeast Asia SaaS excitement requires a massive IPO or M&A exit
“I believe that once if we have got a very strong exit via IPO or M&A and if people have indeed managed to sell the company at a way higher price tag, we will start seeing excitement in this vertical.”
Carmen YuenApr 13, 2023▶ 33:13Top 10 Mistakes Founders Make with Series A with Black Mangroves, Square Peg, Vertex, and GGV
AssertionNot checkable as stated
Yuen: PatSnap generates 50% of its revenue from China
“Now they have got 50% of their revenue coming from China, and to Jenny's point, China's playbook, totally different from everything outside China.”
Carmen YuenApr 13, 2023▶ 28:45Top 10 Mistakes Founders Make with Series A with Black Mangroves, Square Peg, Vertex, and GGV
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