Stebbings: Unprofitable $50M–$200M ARR SaaS growing in the teens are completely trapped
Harry Stebbings · Harry Stebbings Talks About Reviving European Tech and Finding the 1% Founders · Mar 25, 2025 · at 10:57
Harry Stebbings describes the valuation trap facing mid-tier, slow-growing SaaS companies.
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“Fifty million to two hundred million ARR SaaS businesses that are growing in the teens. And they're not profitable yet, or they're barely profitable. They are not acquisition targets for PE. Those are not good enough numbers. They're not good enough to IPO.”
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