Top 22 SaaS Memes of 2022

George Avetisov Blog • November 19, 2022

It’s been a rough year for tech stocks.

SaaS multiples are down 75% from 2021 as valuations have taken a hit across the board. Late-stage funding has frozen up while public markets have taken a beating. Seed rounds seem to be largely unaffected but the closer a company is to an IPO, the more difficult it gets to raise new funding.

On the bright side it was a huge year for tech memes 📈📈📈

SaaS valuations may have taken a dive, but the memes have not. In fact we’ve identified an inverse correlation between SaaS multiples and meme quality:

We call it the Tech Laughter Curve.

It seems that as SaaS multiples get sadder, the industry’s memes get better. Is this a groundbreaking new economic theory? Maybe not. It could just be a large-scale counter reaction to everyone’s bad mood. Either way, the tech sector is inversely correlated with the meme economy.

Shout out to the good folks keeping us all entertained as the industry melts around us.

Here are 22 of our ’22 favorites:

22

If tech stocks are just a big casino, then 2022 was definitely a crap shoot. @arbitrage.andy

21

It’s 2022. Throw that diploma in the trash. Where are your LinkedIn endorsements? @sales_feed

20

Can any Miami-based founders confirm? @ze_bulgar

19

They really didn’t need to do Benioff like that. 🤣 @i_work_in_tech

18

Andreesen’s It’s time to build has taken on a whole new meaning thanks to the Zoomers at @ventureKaepital.

17

The biggest rebranding of all time was memed into oblivion. @trung_phan

16

Seinfeld saw this coming 30 years ago. @litquidity

15

It’s been a rough year for sales teams everywhere. But Salesforce is forever. @1up

14

Burning piles of cash is nothing new, but 2022 was when everyone stopped and stared for a moment. @ventureKaepital

13

There’s truth to every meme. It’s sad, but we really need sales and marketing to come together. @sales_bant_er

12

To be fair, most VC headshots are some variation of this. @prayingforexits

11

Draw 250,000. @techicorn_startup

10

VC memes are trading at an all-time high. @Pramod_Gosavi, who happens to be an expert in the art of cyber security memes.

9

Naps are good. Naps lead to better sales calls. Sales calls lead to quota. Hitting quota leads to better naps. @theangrysalesperson

8

The only thing bigger than the TAM is the burn rate. @techicorn_startup

7

Don’t ever cut your lunch short because of a lousy economy. @1up

6

Dr. Patel knows what he is talking about. @ParikPatelCFA

5

If you can’t handle me at my Zoom then you don’t deserve me at my LinkedIn. @sales_feed

4

It was a big year for Adam Neumann memes. And for Adam Neumann. @prayingforexits

3

It was not a big year for Scam Bankman. @arbitrage_andy

2

This was the year that startups were finally challenged on their spending habits. Then again, running a company is serious business and you NEED to be comfortable. @1up