Why The LinkedIn Acquisition is So Important to SaaS
So, Microsoft bought LinkedIn for $25.6 billion dollars. That headline shocked all of us the other day. But if you step back, it’s not that impressive, the raw number itself. After all, as a public company, LinkedIn was worth $32 billion just a few months earlier, and had been on one heck of a run […]
Raising More Than $20m in Venture Capital? It’s All Good — If You Are Even Better Than Box
For the past few years, it’s been pretty confusing trying to understand what’s going on in SaaS fundraising. Starting in ’13 through mid-’15, rounds dramatically grew in size and pace, and dozens of unicorns were minted. Things then slowed down dramatically in Q1 ’16, as the SaaS public markets crashed … and then recovered in […]
Where’s Our Facebook and WhatsApp?
Right now, a few doubts have creeped into the SaaS investor community. Multiples have plummeted since February. And for confusing reasons. Because … the best SaaS companies are growing faster than ever. And even the ones that haven’t missed a beat, like Salesforce, Atlassian, Marketo, Hubspot, etc. still have gotten hit: None of that worries […]
My 4 Year Anniversary. Thoughts on Selling Your Company.
So I’ve sold thrice. Twice as a founder, once as part of the management team of a start-up. And been through one failed Web 1.0 IPO. I’ve learned a lot. One time, the sale was clearly a friggin’ mistake. We sold to eToys for $900 million on paper, instead of a more complex deal with […]
