The Service Titan S-1

The Metrics Brothers, Dave Kellogg and Ray Rike open with their introductory bit, which this week included Statler and Waldorf, the grumpy old men in the balcony from the Muppets, before diving into a thorough review of the Norwest B2B Sales and Marketing Benchmark Report, a102-p ...  Show more

For more than a decade, the Rule of 40 has been the gold standard for measuring SaaS performance:Growth Rate + Profit Margin ≥ 40But in today’s environment of higher interest rates, multiple compression, private equity leverage, and AI-driven cost pressures, that benchmark may no ...  Show more

Many companies, especially in the tech world, have come to embrace the idea of growth at all costs. But according to research from Gary Pisano, professor at Harvard Business School, most firms fail to consistently increase revenues and profits over the long term, adjusting for in ...  Show more

The IPO market was mixed at best in 2024 despite strong showings by Reddit (RDDT), Viking (VIK), and Rubrik (RBRK). IPOs raised about $123 billion last year compared to a peak of $594 billion in 2021, according to Dealogic data. A total of 150 companies went public last year, per ...  Show more

On the latest episode of the Financial Samurai podcast, I sat down with Ben Miller, cofounder and CEO of Fundrise, for a deep dive into AI, venture capital, and what it really takes to get into the best deals. Key Takeaways from the Podcast 1. AI Growth and Market Dynamics Revenu ...  Show more

It CAN be done. Andrew Swiler acquired a SaaS business with $650k SDE using an SBA loan (and while living in Spain). 

Topics in Andrew’s interview: