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The Official SaaStr Podcast: SaaS | Founders | Investors

SaaStr 746: What’s Really Happening in Venture Capital Today with Redpoint Ventures Managing Director Logan Bartlett

Jul 3, 2024
Redpoint Ventures Managing Director Logan Bartlett discusses the current state of the venture capital market, contrasting companies with ample funding to those struggling. Highlights include valuation multiples, growth vs. profitability, AI companies' allure, and market reactivation dynamics.
42:40

Episode guests

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Quick takeaways

  • The software industry is experiencing disparities in funding, with some companies oversubscribed while others struggle to raise capital.
  • AI-oriented businesses are commanding premium valuations due to rapid growth projections and increased investments in the market.

Deep dives

Market Overview and Trends from Redpoint Ventures

Logan Bartlett from Redpoint Ventures presents a state of the market report annually to discuss the venture capital landscape, market trends, and portfolio performance. The market went through a pullback in early 2023 leading to a tale of two markets in 2024. The NASDAQ hit an all-time high, driven by the Magnificent Seven tech companies. However, the premium for cloud stocks compared to NASDAQ has inverted, indicating challenges and changing valuations in the software industry.

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