Insights into the Cloud Euroscape 2023 - Gen AI

In this episode of the SaaS Revolution Show our host Alex Theuma is
joined by Philippe Botteri, Partner at Accel and #SaaStock2023
speaker, who shares insights into the Cloud Euroscape 2023 on
Generative AI. "An IPO is primarily a financing event, right? These
companies don't need the cash right now because they have a lot of
cash on their balance sheet, so there is no need to go public. What
is important for me, is for a company to continue to perform, to
become really enduring and a category defining company, and I
think, to me, that's what is the most important. Then at the right
time, they're going to go public... but that's just going to be a
milestone in their journey. I think the journey is the most
important and making sure that all these companies are going to
continue to grow and be category defining." Filmed the week prior
to SaaStock 2023, Philippe shared: ️ Accel's take on the slow-down
in growth stage investments this year ️ How the European cloud
ecosystem has shown its resilience and strength in the last few
years ️ Why they chose Generative AI as this year's Cloud Euroscape
theme ️ The trends that are going to redefine the next 2-3 years ️
Revenue, profitability, M&A trends: how is the industry
comparing to previous years? ️ What a SaaS company needs to have to
make it into the Cloud 100 and more! Download Accel's Euroscape
2023 here: https://www.accel.com/euroscape --- Check out the other
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SaaStock Founder Membership: A private members group of B2B SaaS
founders between $100K - $10M ARR who are committed to growth and
helping others (https://www.saastock.com/founder-membership/)
SaaStock Local: Monthly meet-ups in cities all around the world,
bringing together SaaS enthusiasts and experts to discuss the most
pressing topics in SaaS (https://local.saastock.com/home)