Welcome to the 2021 update of the classic SaaStr Funding Napkin! In this video, Christoph Yancey, partner at Point Nine, will discuss what it takes to raise capital in 2021. Whether you’re joining us from the East Coast or overseas in Germany, this interactive session will provide valuable insights. Keep your cameras on and feel free to participate in the chat box for a truly engaging experience.
For those unfamiliar with Point Nine, they are an early-stage venture capital firm focused on B2B SaaS and B2B marketplaces. With investments in companies like Algolia, Contentful, and Zendesk, they have a proven track record in the industry.
The main focus of this session is the Sasstr Funding Napkin, a comprehensive guide to raising capital. With data from 74 financing rounds and insights from founders and investors, this napkin provides a snapshot of the funding landscape in 2021. Keep in mind that while the data is directionally correct, it should be taken with a grain of salt as it is not a scientific study.
Starting with precede rounds, Yancey dives into round sizes, pre-money valuations, and ARR levels. From a few hundred thousand dollars to close to 1.5 million, precede round sizes vary greatly. Valuations, on the other hand, fall within a relatively narrow range. When it comes to ARR, some companies are not yet generating revenue, while others have reached the hundreds of thousands to nearly a million-dollar range.
The real value of this data lies in understanding what a typical precede round looks like. By focusing on the median values, Yancey provides insights into the terms and expectations that founders can anticipate when raising capital.
If you’re interested in diving deeper into the conversation, there will be a follow-up session on Clubhouse after this video. Join the discussion and connect with like-minded individuals in the industry.
For the complete transcript of this video, please refer to the [source](insert source link). And don’t forget to check out our YouTube channel for more informative content.
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The 2021 update of the classic SaaStr Funding Napkin