Introducing Forbes’ sixth annual #ForbesAI50 list trib.al/rSXcyJ6

Rubrik ($RBRK) is the first SaaS company to file for an IPO in 2024. $RBRK is an almost $800M ARR business growing almost 50% year-over-year, the fastest LTM ARR growth rate among all current public SaaS companies. A lot more here:

meritechcapital.com/blog/rubrik-ip…

Due to overwhelming interest, the deadline to submit for the sixth annual #AI50 , the definitive list of the world’s most promising AI startups, has been extended to 2/12!

forbes.com/sites/kenrickc…

The deadline to submit for the sixth annual #AI50 , the definitive list of the world’s most promising AI startups, is rapidly approaching on Monday, February 5, 2024. Submit your nomination below!

forbes.com/sites/kenrickc…

We are delighted to open nominations for the 6th annual #ForbesAI50 alongside Forbes and Sequoia Capital, showcasing the world’s leading AI companies. Don’t miss this chance to show your AI company is best in class. Submissions are open now through February 5th:
lnkd.in/d5SmyeKx

We talked last week on The All-In Podcast about looking at long term multiples in SaaS and our friends at Meritech Capital sent us this chart that they keep looking all the way back to the Salesforce IPO in 2004.

Bottom line is that 6x NTM revenue is the 20 year trend.

If you run a…

The highly anticipated Instacart IPO is around the corner! See Meritech Capital's S-1 Breakdown of the company that aims to break open the consumer technology IPO window.

meritechcapital.com/blog/instacart…

Klaviyo $KYVO will be the first SaaS IPO in almost 2 years and one of the fastest-growing and most efficient public SaaS businesses when they start trading. A summary is below. Thanks Anthony DeCamillo, Tanner, & Dan Knight

meritechcapital.com/blog/klaviyo-i…

As investors in Pigment, it's with immense pride that we congratulate them on securing $88M in Series C funding! This remarkable achievement is a testament to Eléonore CRESPO, Romain Niccoli and the whole Pigment team’s commitment to innovation and growth.

gopigment.com/blog/pigment-r…

We are thrilled to present The 5th Annual AI 50 List, brought to you by Meritech Capital , Sequoia Capital  & Forbes . Learn more here: lnkd.in/gqfJ_YUr

#ForbesAI50

1/ Becoming a multi-product company is a consideration for many software businesses and an area of increased focus in today’s market environment that emphasizes strong growth and efficiency. The most successful companies have executed on a multi-product strategy.

What is the new normal for public SaaS valuations? Only 17 public SaaS companies trade >10x ARR. Meritech Capital analyzed the financial + operating metrics of these 17 companies to show what it takes to be a member of The 10x ARR Club in 2023.

meritechcapital.com/blog/the-10x-a…

So excited for another great list! Forbes Sequoia Capital

Thrilled to see Meritech Capital Partner ashleypaston named to the 2023 Forbes 30 Under 30 Venture Capital list! Ashley's drive, thoughtfulness, focus and humility have had a profound impact on our organization, as well as the entrepreneurs we support. bit.ly/3GTEN72

Had a debate about SaaS companies showing leverage in business model post IPO. Reached out to my friends Meritech Capital on it.
- Database is 99 SaaS companies
- 66 increased 'Rule of 40' (rev growth + fcf %) while public, 33 decreased
- Avg at IPO was 22%. Now 27%
- List below

We're excited to announce our investment in
Pigment! Congrats to Eléonore, Romain and the entire team. Read more here:

-- twitter.com/gopigment/stat…

-- meritechcapital.com/blog/pigment-p…

Meet our new partner, ashleypaston!

meritechcapital.com/blog/welcome-a…

Congrats HashiCorp $HCP on their filing and upcoming IPO. Analysis below:

meritechcapital.com/blog/hashicorp…

Pikmin Bloom is here! 🌷🌼 Niantic and 任天堂株式会社’s collaboration will be rolling out globally in the next few days. Download the app and grow your own squad of adorable Pikmin! pikminbloom.com

The cloud-native database era is upon us! We couldn't be more excited to support the YugabyteDB team on their journey to become the default distributed SQL DB for enterprises across use cases, sectors and geographies!

businesswire.com/news/home/2021…