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Last month dipping SaaS public market multiples had everyone worried. However, SaaS may just have woken up after a power nap now. While the US SaaS valuation in 2022 witnessed a drop, public companies in other industries were worse hit. SaaS companies like Toast ($11.5 bn market cap) and Procore ($7.8 bn worth) are still sitting pretty with great valuations. Read here

Philip Botterie of Accel viewed the SaaS landscape in Europe, and the key takeaway from the report is that SaaS is still profitable. Check here

Indian SaaS doesn’t seem affected by the cold winds. India Briefing compiles multiple reports and concludes that “India will soon become a global SaaS leader.” Read here

YourStory reports that at TechSparks 13th edition (Nov 16th, 2022), top investor profiling the Indian SaaS Landscape – A US$1 Trillion Opportunity for businesses and founders agreed that to “tide over the current cycle,” the focus has shifted to unit economics. Read here

There is a growing trend of Value SaaS IPOs. In fact, 1 in 3 SaaS IPOs in 2021 was Value SaaS. Read here

In the short term, ‘growth at all cost’ appears to be the winner. However, in the long term, markets reward capital-efficient growth. Business's incorporation Value SaaS principles are capital-efficient. What does Value SaaS mean? Listen here

Shifts in interest rates led markets towards a slightly upward trend last week. However, everyone, including the US, is practicing cautious optimism. The earlier Investment lull will likely be over by the end of 2023. Investors are tiding past their fear of market uncertainties.

Smart people are acting fast and putting money in public stocks. Twillio is trading at 1.6X ARR, Hashicorp is at 6X, while WB invested about $100 mn in Freshdesk.

The effects of the shifting winds are visible in the US, where there is cautious optimism. Jasper, Austin, TX-based AI-powered content platform, raised a $125 million Series A at a $1.5 billion valuation. "From launch to a unicorn in 18 months" (a competitor to Longshot AI)