It’s the Numbers, Stupid! or Are SaaS Valuation Metrics Shifting as We Go Into 2020?
WeWork, a so-called tech company, just pulled its IPO, and a couple of recent high-flying IPOs – Peleton, Uber, Lyft – are trading below their opening prices. Given market jitters about the economy, very high valuations of some private tech companies, and the massive $s invested by VCs and PE firms in the sector, it’s a bit scary. But a number of thoughtful voices are helping separate the winners from the losers in this cloudy world and shifting the focus on the metrics underlying tech valuations.
October 3, 2019