WHAT HAPPENS WHEN SAAS COMPANIES STAY PRIVATE FOR LONGER

Summary from the TLDR Founders newsletter

Despite the recent IPOs of Klaviyo, Rubrik, and the anticipated debut of OneStream, the SaaS industry is experiencing a trend of companies staying private for longer periods, with the median age at IPO now around 11 years. This shift has significant implications for various stakeholders, including employees, venture capitalists, and public market investors, as it affects liquidity, investment strategies, and potential value creation post-IPO.