Pitchbook is basically the gold standard when it comes to data about VC, and Private Equity financing, and M&A activity. Recently Pitchbook published some great free research on US VC valuation trends. I have excerpted a few of the charts from the 27-page report. Net netthings look very good.
American product managers should live overseas for a while. In a global software economy, it is a requirement. You will develop empathy for your international colleagues. You will learn the needs of all your customers that you cannot do from just a Zoom call.
Understanding Enterprise Value can help product managers in many ways. It can help you understand how your product contributes (or doesn’t contribute) to your company’s overall success. It can help you justify more investment in your product when you can explain how the investment will grow Enterprise Value
I was surprised that SEMrush, the SEO optimization platform, had gone public and is on track to generate over $150M in revenue in 2021. A closer look at their financials explains why they have a premium valuation to other SaaS companies.
The Software Equity Group continues to publish excellent research on software-related M&A activity. Q2 2021 showed a modest decline in SaaS operating metrics. There was a sequential increase in Enterprise Value/ Revenue valuations in comparison to Q1 2021
The Software Equity Group’s Q1 2021 M&A Update & SaaS Public Market Update show continued record valuations for both on-premise and SaaS firms. Median EV/Revenue multiples for public SaaS companies reached 14.2x. Once again, private equity drove more than 50% of the transactions.
There is a ton of information from thought leaders about product managers build/buy/decision making. Do product managers really have a choice?
There are hundreds of suggested formats for product management business cases – from Lean Startup to private equity inspired Harvard Business School case studies. Every software company has their own approach to product management business cases. Experience has shown that the process ofbuilding the business case is more important than the models it contains.
Tech M&A and valuations are at an all-time high. There are many different styles used by acquirers – some are friendlier than others. This post describes the spectrum of approaches form the harsh Borg style to the friendly Hippie style employed by FAANG companies. Product managers need to understand the differences between these approaches so they are well prepared in the event of an acquisition.
Product managers should have basic financial literacy, but the implications of new accounting policies like ASC 606 and ASC 606-340 exceed most product manager’s finance capabilities. Instead product managers should become best friends with the Finance organization who can help them navigate this new, complex world. And they might save their products and jobs in the process.