The document discusses the analysis of IPOs and M&A activity for premium SaaS companies, highlighting a projected median revenue growth rate of 4.9x. It notes significant concerns among founders regarding fundraising difficulties in 2016, with 66% believing it will be harder. Key trends identified include public market pressure on private market prices, the importance of growth and unit economics, and an accelerated pace of mergers and acquisitions.

1. TOMASZ TUNGUZ
PARTNER / REDPOINT
TOMTUNGUZ.COM

2. IPOs + M&Ascompanies fundedbillion managed

4. Selection Bias: Premium SaaS Companies
Sample Size Bias: N is 10-15 per Year
KEY POINTS ABOUT THIS ANALYSIS
Projected 12 Month Rev Growth Rate Median: 4.9x

11. HOW DO
KEY METRICS
INFLUENCE
SERIES A?

14. 2016: A Year of Change

16. -18%
-15%
-26%

18. 66%
of Founders Believe in 2016
Fundraising Will be Somewhat
or Much Harder

19. 3 KEY TRENDS IN 2016

20. PUBLIC MARKET WILL
PRESSURE PRICES IN THE
PRIVATE MARKET

21. GROWTH +
UNIT ECONOMICS
WILL BOTH MATTER

22. ACCELERATED PACE OF M&A

23. Thank You