Sunday, August 4, 2024

SaaS star Postman sees 30-40% cut in value in secondary deals

Software-as-a-service (SaaS) startup Postman has made secondary deals in recent weeks at a steep 30-40% discount to its peak valuation., people in the know told ET. Some of Postman's existing investors, including Nexus Venture Partners and Bond Capital, have bought the shares on offer. This comes as data shows a significant fall in SaaS investments across company stages.

from Tech-Economic Times
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