Revenue Growth Overtook Efficiency as the Top Valuation Driver in Q2 2023
Doug Pepper · How to Scale Go-to-Market Through IPO with ICONIQ Growth's General Partners · Nov 30, 2023 · at 29:25
Doug Pepper, General Partner at ICONIQ Growth, presents data comparing the valuation correlation of revenue growth versus the Rule of 40 in SaaS.
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“What you can see through kind of most of 22 last year was that efficiency went to the top. That's how companies were valued. And of course, now look at the very last point on the far right. Q two, 20, 23, it's flipped again and on top revenue growth.”
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