We’re Back. Q1 Was a Record for Tech Acquisitions in Dollars. But Deal Count? It’s Doubled But Isn’t Close to 2021.
So Bloomberg and CB Insights have the latest data out on start-ups getting acquired, and 2025 is off to a record start: Wiz’s record $32 Billion acquisition by Google pushes the dollar value to a record, but you may have also missed there were 11 VC-backed $1B+...
No, There Aren’t That Many Deals Where the VCs Make Millions and The Founders Make Nothing
"You don't have to raise $10m, $20m, $100m in venture capital. You can raise just one round if you want. A one-and-done. And maintain so much more optionality." w/ @thesamparr pic.twitter.com/6IGJrVB5GT — Jason ✨👾SaaStr 2025 is May 13-15✨ Lemkin...
Egnyte Sells to Private Equity for $1.5 Billion after 18 Years. Slightly Slower and Steady Wins, Too.
So Egynte is one of those SaaS leaders in the content management space that has always been quieter than its peers Box and DropBox. It focused on enterprise workflows early, and while that’s Box’s focus today, Egynte was there early. It’s one of the Old Timers in...
Where Are The 2021 Unicorns Today? 60% Are Stuck In Limbo, Per Carta
So there’s an uncomfortable truth that VCs don’t discuss outloud that often, but everyone has sort of accepted. Everyone resisted in 2022 and into 2023, but by 2024 they began to capitulate. That a lot of unicorns that hit $1B+ valuations in 2020-2021...
Dear SaaStr: What Are The Pros and Cons of Selling Your Company?
Dear SaaStr: What are the pros and cons of selling a company? It’s complicated. Having a “good exit” is a special thing. You will make some money, perhaps even life-changing money. It will prove you can do it. It will Level You Up in the hierarchy of founders. You...
What to Do When a BigCo Says They Want to “Build, Buy or Partner”
So one of the weirdest calls you’ll get as a founder is when a BigCo out of the blue wants to talk about acquiring you. Literally out of nowhere. Not someone you’ve known well for years. But literally a BigCo you have barely even talked to. Or just know...Going Long: How Procore’s Founder and CEO Tooey Courtemanche Built a Billon-Dollar SaaS Empire Over 23 Years
Tooey Courtemanche, CEO and Founder of Procore, shared insights into his 23-year journey. From surviving economic downturns to scaling into a multi-product enterprise serving millions, Procore’s story is a masterclass in vertical SaaS excellence.
Dear SaaStr: What Are The Best Strategies for Raising Capital if Your Goal is To Get Acquired?
Dear SaaStr: What Are The Best Strategies for Raising Capital if Your Goal is To Get Acquired? Well, first, let’s be clear — it’s tough if your core goal is to get acquired for a big price in most cases. There really aren’t that many good...
It Can Take Years to Get Acquired For Millions. So Start Nurturing Those Relationships Now.
If you want to potentially get acquired — start now. Because it often really, quietly takes years. What do I mean? Well for sure, acquisitions themselves technically often happen very quickly. The acquiring CEO reaches out, they meet up and shake hands over the...
Dear SaaStr: What’s It Like to Have Your Company Acquired by One of the Tech Giants?
Dear SaaStr: What’s It Like to Have Your Company Acquired by One of the Tech Giants? It’s a lot of change. The pressure is mostly or at least partially off. Unless there is a huge earn-out or retention payment tied to performance, the pressure is off. Not all of...
Dear SaaStr: How Do You Know if a Potential Acquirer is Really Interested, Or Just Kicking the Tires?
Dear SaaStr: How Do You Know if a Potential Acquirer is Really Interested, Or Just Kicking the Tires? Well, first off — you can’t. Not without engaging. And at some level, there isn’t any real difference between early stage due diligence and tire...
Dear SaaStr: Why Do Big Companies Buy Small Companies Instead of Competing?
Dear SaaStr: Why do big companies buy small companies instead of competing? Well, first of all, they often do both. They often start off competing, at least a bit. Salesforce paid $27 Billion for Slack. But that came years after they spent tens of millions on...
Dear SaaStr: What Is The Shortest Time It Took for a Startup to Go From Launch to IPO?
Dear SaaStr: What is the shortest time it took for a company to go from concept/launch to their IPO? I think Lotus Software (of 1-2-3 fame) must be close. It shipped Lotus 1-2-3 in January ’83 and sold $50m in software in its first year on the market —...The State of SaaS Go-to-Market with Theory Ventures General Partner Tomasz Tunguz
Tomasz Tunguz, General Partner at Theory Ventures, shares nine observations from a Go-To-Market survey Theory Ventures did with hundreds of startups.
