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STREAM CONNECT is a series of startup-investor matchmaking and networking events organised by Platform6 and open to all startups in Tampere.
You are invited to Stream Connect. Episode 9. SaaS Valuation in 2023!
Early-stage SaaS startups can be challenging to value. Many of the usual SaaS company valuation techniques don’t apply because these businesses are too young to sell and have limited financial data. Nonetheless, you need to understand the true value of the company. Without this knowledge, you risk selling at a price way below what you’re truly worth. Understanding how investors value your business means you can evaluate ahead of time whether it’s worth seeking capital or holding out for a little longer.
When: Wednesday, March 22nd 2023, 15:00 – 17:00
Where: Platform6 startup house, Åkerlundinkatu 8, Tampere
The seemingly relentless growth of the sector, however, came to a halt at the end of 2021 – together with public markets and the broader tech sector – with industry giants announcing layoffs and market caps in the SaaS space slashed by 57% on average, which led many to call 2022 the year of the SaaS Crash.
Many startups will likely find that their years of runway simply don’t give them enough time to grow into recent valuations. At current revenue multiples, a startup would need to grow at 100% a year for about two years in order to grow into their 2021 valuation, meaning that the required runway jumps to five more years, or until late 2027, for companies growing at 40% annually.
So, how can one navigate these challenges and build a smart cap table that will benefit the company long-term? Let’s explore and find out together at Stream Connect, episode 9!
Programme
14:45 – 15:00 Doors open.
15:00 – 15:05 Welcome words by Margarita Khartanovich, CMO at Platform6.
15:05 – 15:25 SaaS valuations in 2023 – keynote by Sakari Pihlava, General Partner at Vendep Capital.
Covering all points between startup and IPO, Sakari’s product background and operational experience prior to joining Vendep Capital includes positions in F-Secure’s IPO management team, TVM’s €1 billion trans-Atlantic venture fund, and leading channel sales and product at Efecte.
15:25 – 15:35 Fundraising journey and cap table evolution of HappyOrNot – keynote by Heikki Väänänen, Founder and Exec.VP. Growth at HappyOrNot
15:35 – 16:00 How to build a healthy cap table – panel discussion: Amanda Lindqvist (Investment Director at Superhero Capital), Sakari Pihlava (General Partner at Vendep Capital), Heikki Väänänen (Founder and Exec.VP. Growth at HappyOrNot)
16:00 – 17:00 Networking facilitated by Platform6 (with food & drinks).
17:00 – 17:15 Event ends.
Kieli: english
Hinta: Ilmainen