Changing SaaS startup benchmarks in the COVID-19 era
https://techcrunch.com/2020/04/28/changing-saas-startup-benchmarks-in-the-covid-19-era/
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Last week we dug into a set of benchmarks that Bessemer Venture Partners, a venture capital firm that invests in software companies among other categories, drew up to grade software-as-a-service (SaaS) startups. The performance metrics were designed to bucket SaaS startups into quality cohorts based on their performance, giving founders and other investors a measuring stick for startup results.