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Double-Speed Baseball and the new SaaS Multiple
In Episode 7, Paul Karner and Dave Mangot unpack a core thesis of the show: why "agentic proficiency" is the modern equivalent of the SaaS multiple. While the ultimate goal of any portfolio company remains the same — satisfying user needs to generate revenue and EBITDA— the mechanics of how we deliver that value have fundamentally changed. Dave and Paul break down how AI agents drastically lower the marginal cost of delivering software and why achieving daily deployment is the absolute prerequisite for Product-Led Growth (PLG).
The message is clear: if your portfolio companies aren't using…
The skinny
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