Growth, Tech and SaaS: can we be close to the trough?

"Best in class" SaaS carnage: almost $1 trillion gone

Some eye-watering statistics from Meritech Capital - looking at the 25 public SaaS companies currently growing LTM revenue the fastest (+50% or more).

1. The peak NTM revenue multiple median was 50.8x = it has dropped -80% to 8.8x today