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The Riskiest Venture-Backed Startups Are 3H’s: High Growth, High Churn and High Burn

SaaStr

They weren’t a 3H startup. A brand that previously held a premium aesthetic raised a growth round in 2013 from Irving Capital (7 For All Mankind, Aeropostale, Stuart Weitzman), but ultimately wasn’t able to sustain its growth. Yes, HubSpot didn’t get to 100% NRR until well past $30m ARR. But we aren’t all HubSpot.

Churn 218
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Inflation and Deflation in Web2 and Web3 Startups

Tom Tunguz

Before a startup is founded, no stock exists. The startup can inflate share count by creating shares. By the time it’s public, more than 100m shares exist across hundreds of shareholders (employees, institutional investors, retail investors). Conversely, the company can deflate share count by buying shares and destroying them.

Startup 319
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The Startup M&A Market Fell 94% Year over Year - But One Segment is Thriving

Tom Tunguz

The US startup M&A market in Q4 2022 was one of the quietest in the last 20 years. During a down-market, young startups who face a radically more challenging fundraising market than six months ago more often choose a quick sale. During the 2013-2014, median acquisition prices increased by 50% in less than a year, from $36m to $54m.

Startup 327
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The Best Time of Year to Raise for Your Startup

Tom Tunguz

In 2013, the surge in June/July & December stand out. The answer is yes. The US software Series A market has become much less seasonal since that post in 2014. I’ve plotted the data above & smoothed it to clarify the patterns. Set that aside.

Startup 311
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Dear SaaStr: How Do Investors Feel About “Acquihires”?

SaaStr

Back when I started investing, in 2013, VCs worked on getting acquihires for their struggling startups. Dear SaaStr: How Do Investors Feel About “Acquihires”? A lot of energy was put in to find a “soft landing” for struggling investments running out of money, even if the returns might be nickels on the dollars.

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A Decade of Deep Learning: How the AI Startup Experience Has Evolved

Andreessen Horowitz

He earned his PhD from Stanford working on NLP (natural language processing) before co-founding an AI startup called MetaMind in 2013. The post A Decade of Deep Learning: How the AI Startup Experience Has Evolved appeared first on Future. He then spent several years leading the AI.

AI 145
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Salesforce Ventures: Only 150 Private SaaS Companies Have Hit $100,000,000 in ARR

SaaStr

In the latest SaaStr Workshop Wednesday (sign up for FREE here ), Jessica Bartos of Salesforce Ventures did a great deep dive on the state of SaaS and venture in 2013. startups) have crossed $100,000,000. But it’s a reminder if you want to Go Big in SaaS, your job is to be in The Top 150 of All SaaS Startups.

SaaS 286