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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. By 2021 we had to write a $3.5m

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.” With 5 new unicorns in first week of 2021, are we in for a stampede this year?

Platform 244
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Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. And the valuation party lasted until November 9th, 2021. Until we weren’t. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. billion fund.