Jason Lemkin is one of the leading SaaS investors of the last decade with a portfolio including the likes of Algolia, Talkdesk, Owner, RevenueCat, Saleloft and more. Rory O’Driscoll is a General Partner @ Scale where he has led investments in category leaders such as Bill.com (BILL), Box (BOX), DocuSign (DOCU), and WalkMe (WKME), among others. ----------------------------------------------- Timestamps: 00:00 Intro 01:01 Thrive and OpenAI Partnership 04:07 Databricks Raising $5BN at $134BN Valuation: Cheap or Not? 20:41 Eventbrite Acquired by Bending Spoons for $500M 23:02 Pagerduty's $1BN Market Cap, Just 2x Revenue 26:37 The TAM Trap: Why SaaS Is Like Japan 38:13 Lessons from Companies Hitting $100M ARR 42:43 The Future of Labour Markets is F****** 49:27 The Importance of Compounding in Investments 56:26 The Relevance Game in Venture Capital 01:08:05 Supabase at $5BN or Lovable at $6BN: Which One? -------------------------------------------------------------------------------------...