The inaugural SaaStock event took place in Dublin today. For a first time event, it was extremely high quality. Great speakers from both sides of the Atlantic sharing deep, actionable insights on succeeding in SaaS.
I gave a talk on achieving meaningful SaaS exits. I looked at actual data on SaaS exits then moved on to general tips for generating meaningful exits no matter where your business is.
Here are my slides…
As expected given the time of year, August was a slow month for IT exits in Canada with 5 deals closed (3 last month). However, an additional 5 deals were announced in the month (but not closed yet) including BCE’s purchase of Q9 Networks for $ 491M USD. So, perhaps that’s a good sign as we all get back to work.
Here are the highlights for the closed deals last month: Continue reading Exits in Canada: August 2016
Paul Graham, co-founder of YCombinator, is a smart dude. Founders rightfully listen to what he has to say. One of his many pearls of wisdom is that founders should NOT talk to corporate development groups. Having spent the last 3 days in SF doing pretty much nothing but talking to corp dev groups, all I can say is Paul is wrong. Here’s why:
First, the vast majority of exits happen through acquisition. Less than 10% of exits are from companies going public. Continue reading Why you need to talk to corporate development