In this episode of the SaaS Revolution Show our host Alex Theuma is joined by Philippe Botteri, Partner at Accel and #SaaStock2023 speaker, who shares insights into the Cloud Euroscape 2023 on Generative AI.
An IPO is primarily a financing event, right? These companies don’t need the cash right now because they have a lot of cash on their balance sheet, so there is no need to go public. What is important for me, is for a company to continue to perform, to become really enduring and a category defining company, and I think, to me, that’s what is the most important. Then at the right time, they’re going to go public… but that’s just going to be a milestone in their journey. I think the journey is the most important and making sure that all these companies are going to continue to grow and be category defining.
Filmed the week prior to SaaStock 2023, Philippe shared:
- Accel’s take on the slow-down in growth stage investments this year
- How the European cloud ecosystem has shown its resilience and strength in the last few years
- Why they chose Generative AI as this year’s Cloud Euroscape theme
- The trends that are going to redefine the next 2-3 years
- Revenue, profitability, M&A trends: how is the industry comparing to previous years?
- What a SaaS company needs to have to make it into the Cloud 100
Download Accel’s Euroscape 2023 here: https://www.accel.com/euroscape
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