Greylock GP Sarah Guo is as bullish on SaaS as ever

Hi there and welcome help to Equity, TechCrunch’s enterprise capital-focused podcast the put every week we focus on other of us’s cash and what sense their funding picks gain (or don’t).

This week was of route a treat. We had Kate Clark in the studio on the side of Alex Wilhelm and a particular guest, Sarah Guo from Greylock Companions, a enterprise agency (obviously). Guo has the excellence of getting almost definitely the greatest-ever fun fact on the demonstrate.

We kicked off with Grammarly, a company that recently place $90 million into its accounts. We chatted about for whom it was constructed, and if we employ it this present day. One element that felt clear was that shoppers are extra willing than sooner than to pay for his or her tooling. And that plan that companies treasure Grammarly could per chance additionally unbiased repeat sturdy funding candidates.

Subsequent, we hit on two extra rounds, namely Tiger Global’s funding into Lattice and Clari’s $60 million Series D. Starting with Lattice, a performance management company basically based by none other than Sam Altman’s brother, Jack. The startup raised $25 million from Tiger Global, be taught extra about that here.

Clari led us a to a dialogue of vertical SaaS, and Guo’s views on the formula forward for SaaS merchandise (she’s bullish). Alex and Guo had loads to converse on this topic.

After talking over just a few rounds the dialogue grew to was to the Q3 enterprise market. Just a few issues stood out from the info and projections. First, that early-stage fundraising was moderately gentle in the quarter. It’s a long way in total a single-quarter breeze, however the info was rate chewing on all of the identical. And, 2nd, that Seed deal and greenback volume had been sizzling as soon as extra.

And we wrapped with a dialogue of Tempest, a unusual sobriety-focused startup that raised a $10 million round. If truth be told, we aren’t sure how we feel in regards to the industry mannequin. Please state us ought to you would per chance additionally unbiased comprise thoughts.

It was an acceptable time. A enormous due to Guo for coming on the demonstrate, and a shoutout to the crew that makes Equity happen: Chris Gates, and Henry Pickavet.

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