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 ways SaaStock is serving SaaS founders - SaaStock Dublin 2024: The largest concentration of SaaS decision makers in one place for three days of networking, connecting, and learning all things SaaS (https://www.saastock.com/saastock-2024/) - 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       Check out the other ways SaaStock is helping SaaS founders move their business forward:  🇮🇪 SaaStock Europe | Dublin, Ireland Book tickets: https://saastock-europe.com/ 🇺🇸 SaaStock USA | Austin, Texas Book tickets: https://saastock-usa.com/ 🤝 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)