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What It Takes to Really Raise Capital in 2021 with Point Nine Capital

SaaStr

What began as a blog post in 2016 has evolved into a yearly exploration and survey to founders and investors to discover what it really takes to raise capital for SaaS companies. The Evolution of SaaS Funding From 2016 to 2021. Originally, in 2016, Point 9 measured MRR, but they have since changed their focus to ARR).

Finance 329
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How Will the 52% Correction in the Stock Market Impact the Startup Fundraising Market?

Tom Tunguz

Only the 2016 reduction of 57% surpasses it. The question on every software founder’s mind today must be, how will this affect the private financing markets? 2014’s correction stalled and then reversed Series D round sizes for 2 years through the second correction in 2016.

Marketing 362
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What does it take to raise capital, in SaaS, in 2016?

The Angel VC

But financing rounds are obviously not a goal in itself. So what does it take to raise money for a SaaS company in 2016? If you carry this thought further and assume that the biggest goal after the Series A is to get to the Series B (and so on, you get the idea) it sounds like turtles all the way down.

SaaS 193
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Why IPOs, Direct Listings, and SPACs Will Flourish in Startupland

Tom Tunguz

The chart above shows the median enterprise value to forward ARR value since 2016. And if it continues, we should expect the IPO, the direct listing, and special purpose acquisition vehicles (SPACs) to present compelling financing options to later stage founders. The valuation multiple has doubled in about two years.

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SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

And the lower multiples are, the harder anything involving external financing matters. January 2016, SaaS stocks were riding high. It was called 2016: * Everyone panicked * Seemed like multiples would never recover * LinkedIn sold to Microsoft for 7x ARR. Revenue multiples don’t affect customers, or even revenue itself.

SaaS 348
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Office Hours with Lee Kirkpatrick, former Twilio CFO on Managing through Turbulence

Tom Tunguz

During the dotcom crash in 2001, the Global Financial Crisis of 2008, and the SaaS corrections in 2014, 2016, and 2018, Lee was either COO/CFO or CFO at Twilio, SAY Media, and Ofoto. In addition to his experience navigating financial markets, Lee oversaw the finance function at one of the most successful usage-based billing companies.

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Uncharted and Electric: Ramp’s Co-Founder and CTO on Why Adversity is Important at a Young Age, What Get’s Harder The 2nd Time Around

SaaStr

Ramp is a leading finance automation platform. Karim previously built and sold Y Combinator-backed Paribus to Capital One in 2016. SaaStr’s Poya Osgouei has a great Uncharted podcast that does a deeper dive with many SaaS execs. Up this week is Karim Atiyeh, co-founder and CTO of Ramp. Founded just in 2019, they were valued at $8.1

CTO 246