Assertion Supported AI assessment confidence: 85% certainty 4/5 debate potential 1/5

BVP Cloud Index is up over 25% year-to-date in 2023

Janelle Teng · State of the Cloud 2023 with Bessemer Venture Partners · Sep 20, 2023 · at 3:38

Janelle Teng discusses the recovery of public SaaS valuations at Bessemer's 2023 State of the Cloud presentation.

0:00 / 0:07exact quote · 7.6s

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“Year to date, the BVP cloud index is already up over 25%, indicating that there may be light at the end of this tunnel.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

As of September 2023, the BVP Cloud Index is up over 25% year-to-date.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

In September 2023, the BVP Nasdaq Emerging Cloud Index (EMCLOUD) had gained more than 25% year-to-date. As reported in Bessemer Venture Partners' presentation materials prepared for the SaaStr Annual conference in September 2023, the EMCLOUD index stood at a year-to-date gain of +25.4%, verifying the claim.

Bessemer Venture Partners presentation materials prepared for the SaaStr Annual conference in September 2023 reported the EMCLOUD index year-to-date gain at +25.4%.
Benchmark analysis by Equal Ventures showed the index was already up +24.0% year-to-date through June 30, 2023, before closing out full-year 2023 up over 34%.

Checked against

[1] medium.com [2] slideshare.net [3] slideshare.net [4] vestbee.com [5] vestbee.com [6] justetf.com [7] wisdomtree.com [8] sageviewcapital.com

"+25.4% EMCLOUD" OR "25.4% EMCLOUD" "EMCLOUD" "up" "25%" OR "26%" OR "27%" OR "28%" OR "29%" OR "30%" "2023" "BVP Nasdaq Emerging Cloud Index" "September 2023" "2022" "BVP Nasdaq Emerging Cloud Index" "2023" "1,4" OR "1,5" OR "1,6" OR "1,7" OR "1,8" "BVP Nasdaq Emerging Cloud Index" "2023" "25%" OR "26%" OR "27%" OR "28%" OR "29%" OR "30%" "BVP Cloud Index" "September 2023" "year-to-date" OR "YTD"

assessed as of 2026-09-03

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

BVP Cloud Index

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BVP Cloud Index is up over 25% year-to-date in 2023

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