2min chapter

This Week in Startups cover image

SaaS multiple compression, downturn outlook & advice for new VCs with Jason Lemkin of SaaStr | E1461

This Week in Startups

CHAPTER

The Importance of Secondary Liquidity

Don't take it before 100 million in valuation. It's a sucker deal. I don't know a single founder that has taken secondary before 100 million that didn't regret it. Because you only get it in great companies. So, never do it before 100. And so, boards just have to think about that. But who knows if these things will even be on the table anymore? I have seen mostly stop.

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