Viewpoints

The IPO window closed in 2022. There have been “only” 167 IPOs on the US stock market so far. As of October 22, 2022, this is […]

We have been witnessing a flurry of public-to-private (P2P) tech transactions led by PE funds. The US saw P2P value hit $96B in the first six […]

SaaS companies are usually measured against the Rule of 40: the idea that growth rate plus profit margin should exceed 40%. It is an important metric […]

“In Silicon Valley, part of the reason why so many people start companies is because even if you fail, it is a badge of honor” — […]

The March 2022 letter from MIT’s endowment (MIT Investment Management Company, or MITIMCo) wraps up the performance of the last 15 years since the current investment […]

Actions have consequences (first-order effects) and consequences have their own consequences (second-order effects). Let’s then explore a second-order effect of the Fed’s interest rate hikes threat […]

“Tech layoffs top 15K in a brutal May”… “Cost cutting, layoffs remain leading startup themes”. These are some examples of the headlines that have been mushrooming […]

The US VC sector shattered all records in 2021. Before that, 2020 was the best year ever. Pitchbook has recently published the data on the US […]

In May 2022 Sequoia Capital (a well-kwon VC firm) made a 52-page presentation, named “Adapting to Endure”, to share insights with the founders of its portfolio […]