American vs. European Valuation
While there has been an overall increase in private SaaS valuations, the gap between European and North American private valuations seems to have narrowed a bit...
Fox vs Snail
With the impacts of COVID-19 rippling through financial markets, it looks like Foxes (strong growth and profit) do fare better in downturns than Snails. The median decline for our Snails...
Tortoise vs. Hare
When we first published our Rule of 50 piece in 2017, we had a lot of people ask us if Growth and EBITDA Margin were equally valuable in the R-Score equation. “R-Score” is our shorthand for Rule of 50...
I’m no Peyton Manning
Several years ago, we acquired a company for one of our clients. We had just finished a day of onsite due diligence to finalize our bid, and over dinner, one of the owners suggested the valuation in our IOI was...
The Rule of 50
In software and SaaS, it’s well understood that growth is rewarded with high valuations, and high profile exits. However, too often, this results in a “growth at any cost” mentality. For the best software...