Insights

Founder Briefs.

One idea per issue on selling a fintech, software or data company, with the numbers behind it.

The vastly underrated exit.

Long seen as a consolation prize, the acqui-hire has become a $40 billion exit for some of tech's most successful startups.

Founder BriefOctober 2, 2026

You and your buyer are watching different numbers.

The numbers that set your price are the ones your ledger was never built to produce.

Founder BriefSeptember 27, 2026

When the buyer is a sponsor, part of your company's price is set in the credit market.

Cheaper debt lifted what sponsors could pay for two years. On September 16 the Fed changed that.

Founder BriefSeptember 22, 2026

Everyone knows that AI killed software. The recovery says otherwise.

After a selloff of up to a third this spring, application software has come all the way back, except for the fifteen largest names.

Founder BriefSeptember 15, 2026

Rerating Software After the AI Crash: The Recovery Private Founders Missed

Small-cap application software is up 18% for the year against 13% for the S&P 500 after the AI dump. The recovery has been underreported.

Founder BriefSeptember 10, 2026

How to Sell Your App for What It's Actually Worth (2026)

App owners get cold offers from brokers and low multiples on Acquire.com and Flippa. Here's what apps really sell for, why those channels pay less, and how a run process captures more.

Founder BriefJuly 31, 2026

Fintech Valuation Multiples in 2026: Why Visa Trades at 16x Revenue and PayPal at 1.5x

Fintech isn't one multiple. The data and network businesses (Visa, FICO) trade above 14x revenue while transactional payments (PayPal) trade near 1.5x — here's the two-tier market and what it means for private fintech valuations.

Founder BriefJuly 25, 2026

The SaaS Apocalypse: What the Public Software Crash Means for Private Valuations

Salesforce, Adobe, Workday and ServiceNow are down 40-52% from their highs. Is SaaS dead — and what does the public software crash mean for private software valuations?

Founder BriefJuly 24, 2026

SaaS Valuation Multiples Under $30M Revenue (2026)

What a founder-led SaaS company under $30M in revenue actually sells for in 2026 — current sector multiples, the private-company discount, and the metrics that move your number.

Founder BriefJuly 23, 2026

Your VC's Fund Is Turning 10. What Happens to Your Startup Now?

VC funds have a 10-year clock, and when it runs out your board's behavior changes. What fund end-of-life means for founders — with data from 87,317 fund filings — and how to find out how old your investors' funds really are.

Founder BriefJuly 21, 2026

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