Some more deep analysis on the topic of the month :
SNIP…
"The overall returns from public SaaS companies have been remarkable — the average SaaS company has returned almost 5x from their IPO price. For context, most venture capital funds strive to return 3x+ funds over a 10-year fund lifecycle, whereas if you had a dollar in every SaaS IPO you’d be up 4.7x as of 9-July-2019, on an average timeframe of fewer than 4 years.
The past 10 years in particular has been an exceptional time for public SaaS companies in many regards, and we’re now above the 2014 NTM revenue multiple highs — on average investors are paying higher multiples today for SaaS companies than at any other time in public SaaS trading history. At the same time, there are companies like Zoom that are growing revenue 100%+ YoY while profitable, at almost $500M in run-rate revenue.
No one knows what will happen at the macroeconomic level over the next few months and years (the current bull market has to slow down at some point), but it’s never been a better time to be a high-growth public SaaS company (or investor!). For those companies that do get public, their investors and employees are being rewarded handsomely and it’s clear that going public isn’t the end goal, but just the beginning."
https://medium.com/@alexfclayton/history-of-public-saas-retu…