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:
If tech stocks are just a big casino, then 2022 was definitely a crap shoot. @arbitrage.andy
It’s 2022. Throw that diploma in the trash. Where are your LinkedIn endorsements? @sales_feed
Can any Miami-based founders confirm? @ze_bulgar
They really didn’t need to do Benioff like that. 🤣 @i_work_in_tech
The biggest rebranding of all time was memed into oblivion. @trung_phan
Seinfeld saw this coming 30 years ago. @litquidity
It’s been a rough year for sales teams everywhere. But Salesforce is forever. @1up
Burning piles of cash is nothing new, but 2022 was when everyone stopped and stared for a moment. @ventureKaepital
There’s truth to every meme. It’s sad, but we really need sales and marketing to come together. @sales_bant_er
To be fair, most VC headshots are some variation of this. @prayingforexits
Draw 250,000. @techicorn_startup
VC memes are trading at an all-time high. @Pramod_Gosavi
Naps are good. Naps lead to better sales calls. Sales calls lead to quota. Hitting quota leads to better naps. @theangrysalesperson
The only thing bigger than the TAM is the burn rate. @techicorn_startup
Don’t ever cut your lunch short because of a lousy economy. @1up
Dr. Patel knows what he is talking about. @ParikPatelCFA
If you can’t handle me at my Zoom then you don’t deserve me at my LinkedIn. @sales_feed
It was a big year for Adam Neumann memes. And for Adam Neumann. @prayingforexits
It was not a big year for Scam Bankman. @arbitrage_andy
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
Miami energy again. Can anyone on location please verify? @prayingforexits
And there you have it. Some of the best SaaS memes came to us exactly when we needed them. For more quality OC, check out our library of memes for sales & marketing teams.