At least not in SaaS and B2B.

There are few very acquirers in SaaS that can pay > $1b to buy another company.  Salesforce has a $50b+ market cap, so it can occassionally pay >$1b (e.g., ExactTarget).  SAP and Oracle can afford a $1b+ check.  Workday could only afford it as a huge, core stretch.  And that’s about it.  Add in Microsoft, Cisco, IBM, etc. that can do a few deals in SaaS, and we’re close to done.

So …

Most Unicorns are making the 95%+ assumption they are going to IPO, not get acquired.

And that’s fine.

That’s the bet.

See Questions On Quora

View original question on quora

Related Posts

Pin It on Pinterest

Share This