Assertion Contradicted AI assessment confidence: 95% certainty 3/5 debate potential 2/5

Walker: Previous 30 SaaS IPOs averaged 28-32% growth pre-IPO

Craig Walker · Dialpad CEO "We'll break $100m in 2020, comfortable burning $1m/mo, $45m in bank" · Jul 5, 2020 · at 20:57

Craig Walker, CEO of Dialpad, discusses why 50% year-over-year revenue growth remains exceptionally strong compared to recent SaaS IPO benchmarks.

0:00 / 0:18exact quote · 19.0s

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“If you look at the last, you know, last 30 SaaS IPOs. I think other than, you know, other than Zoom, which is the world's greatest IPO in the history of the Valley, I think anything like, you know, they're averaging around 30, 28, 30, 32% going into an IPO.”

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

Excluding Zoom, the prior 30 SaaS IPOs averaged between 28% and 32% year-over-year revenue growth leading into their public offerings.

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

SEC S-1 filings and SaaS IPO benchmark analyses (including datasets from Meritech Capital, Blossom Street Ventures, and Bowery Capital) demonstrate that SaaS companies going public in the 2017–2020 cohort averaged YoY revenue growth rates between 42% and 55% leading into their public offerings. Even after excluding Zoom Video Communications (which grew at over 100%), numerous other companies in the prior 30 IPO cohort—such as CrowdStrike (108%), Datadog (83%), Slack (67%–82%), Bill.com (60%+), and ZoomInfo (50%+ organic)—drove the cohort average substantially higher than the 28% to 32% range claimed by Craig Walker.

Meritech Capital benchmark data shows median YoY growth of ~38% for the 2018 cohort and 47.9% for the 2019 SaaS IPO cohort.
Blossom Street Ventures' aggregation of 89 SaaS S-1 filings found a median YoY revenue growth rate of 55% at the time of IPO.
Bowery Capital's study of 75+ SaaS S-1 filings up to 2020 reported a median YoY revenue growth rate of 48%.
Multiple SaaS IPOs in the immediate preceding cohort exceeded 60% YoY growth leading into their offerings, keeping the mean well above 40% even without Zoom.

Checked against

[1] fool.com [2] slideshare.net [3] medium.com [4] bantrr.com [5] huxiu.com [6] thegoodinvestors.sg [7] blossomstreetventures.com [8] bowerycap.com

average revenue growth SaaS IPOs prior to 2020 S-1 SaaS IPO median revenue growth rate S-1 2018 2019 2020 "Alex Clayton" "SaaS IPO" "YoY growth" 2018 2019 S-1 "Meritech Capital" SaaS IPO table growth rate "Meritech" SaaS IPO median YoY growth rate 2018 2019 "SaaS IPO" median revenue growth S-1 "2018" OR "2019" "Public Comps" SaaS IPOs growth rate S-1 SaaS IPOs 2018 2019 2020 list growth rate S-1 list of SaaS IPOs 2017 2018 2019 2020

assessed as of 2026-09-02

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

Dialpad Zoom

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Prediction Not checkable as stated

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Craig Walker Jul 5, 2020 ▶ 9:08 Dialpad CEO "We'll break $100m in 2020, comfortable burning $1m/mo, $45m in bank"

Disclosure

Walker: Dialpad gives AEs expansion credit for six months before CSM handover

“And we do give our AE's credit for the first six months expansion. ... CSMs are involved at that point, but six months after then they take over.”

Craig Walker Jul 5, 2020 ▶ 14:38 Dialpad CEO "We'll break $100m in 2020, comfortable burning $1m/mo, $45m in bank"

Disclosure

Walker: Dialpad is comfortable sustaining a $1M monthly burn rate

“I could live with a million dollars a month of burn. Yeah, I mean, that would be 40 months of, 40 months of go to market, and R&D, and maturing product, maturing market”

Craig Walker Jul 5, 2020 ▶ 18:40 Dialpad CEO "We'll break $100m in 2020, comfortable burning $1m/mo, $45m in bank"

Disclosure

Walker: Dialpad bought its domain back from Yahoo for under $100k

“Less.”

Craig Walker Jul 5, 2020 ▶ 2:52 Dialpad CEO "We'll break $100m in 2020, comfortable burning $1m/mo, $45m in bank"

Walker: Previous 30 SaaS IPOs averaged 28-32% growth pre-IPO

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