Jason Lemkin, GP @ SaaStr
Airtable sold to Bending Spoons for $2.25B (2.7x ARR) after raising $1.4B and peaking at $11.7B valuation—a cautionary tale on growth deceleration, preference stack mechanics, and the thin M&A market for mid-scale B2B SaaS under 25% growth.
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Topics: Enterprise Software · Venture Capital & Startups
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