Sujan Patel

7 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Mar 14, 2022 by Sujan Patel · across every show →

On the record as a speaker too: Sujan Patel's record, appearances and statements → this page counts the times other people say the name.

Everything said about Sujan Patel, oldest first

Mar 14, 2022 negative

Insight

Patel: Venture capital harms founders who miss top-three market status

“I think the VC game is great. If you think you can win an industry, it's great if you're top three, it's bad for everyone else who doesn't become top three contender in that space, right? So just because the valuations and the and the Illiquidity about the dea…”

Sujan Patel Mar 14, 2022 ▶ 18:16 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Mar 14, 2022 neutral

Insight

Patel: A SaaS business is not at scale under $10M revenue

“Your company's not a scale unless you're at ten million dollars in revenue. I hate to break it to everybody here. That's the case. It's a fact.”

Sujan Patel Mar 14, 2022 ▶ 10:03 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Mar 14, 2022

Assertion Not checkable as stated

Patel: Acquired 13 businesses and sold five or six in eight years

“In the past let's say like eight years, I've acquired 13 businesses. I've sold, I think, five or six.”

Sujan Patel Mar 14, 2022 ▶ 1:21 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Mar 14, 2022 bearish

Prediction Not checkable as stated

Patel: Startup valuation expectations will normalize and decline in 2022

“I do think the market will normalize this year. It's already had a bit of a correction. And I think when I say normalize, I think it's been pretty stable. Like buyers like myself have kind of had a formula for how much we evaluate a company for a while. But th…”

Sujan Patel Mar 14, 2022 ▶ 18:47 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Mar 14, 2022

Disclosure

Patel reviews 70 to 80 SaaS acquisition deals monthly

“I look at about, like, 70 to 80 deals a month”

Sujan Patel Mar 14, 2022 ▶ 12:22 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Mar 14, 2022 neutral

Insight

Patel: VC funding multiples have always differed from acquisition exit multiples

“VC funding, multiples are very different than exit multiples. They've always been different.”

Sujan Patel Mar 14, 2022 ▶ 9:55 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Mar 14, 2022 positive

Disclosure

Ramp Ventures operates portfolio companies directly without individual CEOs

“A little bit how we're different than some other firms out there is that we don't have a CEO for each company. We actually, my partner and I are kind of a co-CEO or like CEO COO.”

Sujan Patel Mar 14, 2022 ▶ 1:50 Startup Acquisition Stories with Sujan Patel - Managing Director at Ramp Ventures

Sujan Patel

Everything said about Sujan Patel, oldest first

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