Unfortunately, SaaS Startup Valuations Are About To Fall by 50%

This just shows how ignorant the public market really is. SaaS is far more valuable than companies apps that don't charge any money yet only boast huge userbase (even if half are not as active, logs in only once, demographics without credit cards, countries without an economy) with future monetization that often meets disappointment.

profitable SaaS I think will only grow in valuation multiples once the public understands that the average monthly revenue is not going to go poof, like a company that doesn't make any money now and hopefully will in 10 or 20 years and still unable to pull it off well.