Q1 2013 Public SaaS Comps

SaaS comps can be segmented into a variety of different buckets - vertical versus horizontal, by industry, by size, by growth. I've opted to segment my universe of SaaS comps into SaaS Stars (fast growth, high multiples and significant market size), SaaS and Steady (medium growth, average multiples) and SaaSward Spiral (slow growth, low multiples, limited market size).