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For SaaS Businesses, $3 Billion Might Be the New Marker of a Unicorn
The most recent collection of public companies in or orbiting the SaaS industry to offer an IPO are all worth $3 billion or close to that number. The coveted $1 billion valuation and the companies who earn it, termed “unicorns,” might be getting supplanted by the $3 billion version. Of course, this