Q4 2013 Public SaaS Comps

Updates since Q3:

• Valuations for SaaS Stars seemed to have leveled off
• SaaS and Steady stocks have played catch up jumping with multiple expansion of 15-20%
• 10/16/2014 - Veeva IPO; Veeva joins the SaaS Stars bucket due to strong growth
  
• 12/20/2013 - Oracle acquired Responsys for $1.5B representing 7.7x LTM Revenue