While stocks looked for a comeback on Friday after another torrid week of selloffs, it’s a fact that software valuations are testing new levels of price depression.
There’s widespread damage as a result of all of those red charts plummeting down and to the right: The decline in the value of public software companies has been a key leading indicator for the present slowdown in venture capital activity, for example, and the ability of startups to push their own valuations higher.
Day-to-day coverage, however, can provide snapshots instead of more complete images. So this fine Saturday, I want to slow down and take stock of where are regarding software (SaaS, effectively) valuations.
The smaller reality of SaaS valuations
There’s no need at this point to gl …
