girsubra

Let's try :)

[girsubra @girsubra]

Interesting concept .

[girsubra @girsubra]

If I watch 10 mins of new dhurandhar movie every day . Given the movie is some 240 mins , approximately at what point will I lose interest and stop it ?

[Brandon Carl @brandonjcarl]

Earnings Before Tokens

[girsubra @girsubra]

@TheBodySoda @krishashok Does he really mean your voice shows so much Jilpa ? I doubt that is true

[girsubra @girsubra]

It also means we now have one Dravidian ideology under Vijay and one under DMK (practically alone for the first time in years ) . BJP , NTK and PMK have an alternate view to offer 2/2. Congress and communists anyway ally with the winning Dravidian party . What an absolute coup !

[girsubra @girsubra]

Barring some new faces (including Vijay ) we are truly heading to a major consolidation of all erstwhile parties in TN under Vijay . Barring BJP ,DMK , PMK and NTK , it is either a mega alliance or just merge into his party . Those 4 parties have a tough 6-12 months ahead 1/2

[girsubra @girsubra]

If MI win today , CSK ulla varum

[girsubra @girsubra]

Power of positivity. Today should be positive thinking day .

[girsubra @girsubra]

@_tink3r Next he will expound on the importance of KYC, he will ask for address proof . After that he will move to addressing the importance of astrology - nalla Neram , gulikai, Raaghu Kaalam etc :)

[girsubra @girsubra]

Given the result in Tiruppatur was decided by 1 vote where TVK won . And after all this he is one seat above majority , fair to conclude that a single vote has made him CM . What a blockbuster entry .

[Ramesh Srivats @rameshsrivats]

A possible option is that DMK, ADMK and TVK, all get together, and make Dhoni the CM of Tamil Nadu.

[Ramesh Srivats @rameshsrivats]

Tamil Nadu Election Update + Russian View.

[girsubra @girsubra]

Wishing Trisha a happy birthday on behalf of tamilnadu . https://t.co/sceGkyPNcX

[girsubra @girsubra]

IPL branding idea : Tinder / Hinge (whatever youth of today like ) should brand singles. I can fully hear Inane English commentary saying that is another tinder single , that is looking to mingle with any on the go 4 , or is looking for the perfect angel 6 on the side.

[girsubra @girsubra]

It is never too late to be what you might have been !

[girsubra @girsubra]

Can you help me here ? @LGUS

[girsubra @girsubra]

@LGUS can you help get the receipt of a service that i did with lg service center . Your chat bot , live chat support agent is all useless

[girsubra @girsubra]

@BoredCricket catching up on news . Looks like Samson is continuing the rich tradition of #ThankyouSachin. After so many years

[Deedy @deedydas]

Founders should know the sobering reality for enterprise SaaS venture funding today. Here’s the math.

Say you’re a $1M ARR company raising a Series A with a classic 33222 growth expectation. That gets you to $72M in 5yrs and say $250M in 8yrs. By then you’re usually growing <<50% and the public markets might give you a 7x or $1.75B, if you can even go public. If you get $10M at $100M post-money for the A, that’s a 17.5x and maybe 10x after dilution. That would be ~33% IRR and $10M invested becomes $100M.

In the venture model, you have to outperform the SP500 which is 15% and a Google which is 25%. Here, with perfect execution, a lot of work, time and risk, you get 33% in a near optimal (95 percentile) case. And usually, you expect 7/10 things to not work out: execution risk, market size, competition. Plus, this math is for a Series A. You need investors to underwrite even more growth at the B / C / D. It’s really hard to see this sort of deal driving fund returns.

Now, of course, there’s tons of caveats. You could pay less than $100M post, try to grow faster, do pro rata to avoid dilution, stay private longer etc, but the point remains. There might be exceptional growth stories like Databricks, Snowflake and Applied Intuition, but most deals look like what I described.

In a previous time, SaaS multiples were higher in public (20x), entry valuations were lower ($30M) and the money you needed to hire talent was lower ($150k). You could get 100% IRR before. Now, it’s harder than ever to justify investing here, unless they are true outliers.