SAAS IPOs Are Outperforming in the Rebound
4 min readMay 8, 2020
- Since the public equity markets bottomed out around March 23, high-growth SaaS companies that IPO’ed in 2018 or 2019 have been among the strongest performers
- That group is now trading above where they were in February,when the broader markets peaked and started their freefall. “Work from home” stocks (like Zoom and DocuSign), and companies that make managing a business remotely (like Bill.com), are leading the pack higher
- If you had invested equally in the IPO prices of all of the 26 SaaS IPOs from 2018 and 2019, your investment…
