The peak has passed. The summer of 2021 was an incredible time for SaaS. In June there were 7 IPO’s followed by 5 in July. It’s a stark contrast to the current situation whereby the count has been zero for 3 straight months.
Why this matters. With the IPO market for SaaS companies currently frozen, if that trend sustains the valuation resets will eventually trickle down into the earlier stages. Get your round done now if you can.
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