We’re on the other end of almost every SaaS incomes report that you can name, with the exception of Slack, and shares of software companies are holding onto their year’s gains. Which indicates SaaS and cloud business have made it through a somewhat steep onslaught largely unharmed.

There were exceptions, of course, but when we think about public software and cloud companies, the tale of the tape is somewhat clear. And it appears to show that today’s huge revenue multiples will remain for a while yet.

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This is terrific news for start-ups, considered that providing software as a managed service (SaaS) has actually become the most popular business design for upstart tech companies. If the set of public SaaS business are richly valued, it reflects well on their personal peers. Warm public markets can help with exit valuations and supply encouragement to personal investors to keep investing in SaaS start-ups.

The most current earnings reports tell a rather simple story: Generally strong growth, and usually excellent projections. A couple of weeks back, Appian beat on income growth and profitability and assisted a bit above market expectations. Provided the almost 50% run business’s stock that it has enjoyed in 2020, the results were welcome.

Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.