Bought some Chargebee ESOPs recently and now I’m lowkey spiraling.
SaaS stocks are getting absolutely hammered back to back, IPO windows seem dead, and every other startup feels overvalued in hindsight. At the time it felt like a smart long-term bet, but now I genuinely can’t tell if I just locked money into illiquid paper for years.
Chargebee is a solid company from what I know, but does that even matter in this market? If they do IPO in the next few years, is there a realistic chance of getting decent returns anymore - or even just recovering the original investment?
Anyone else holding private SaaS ESOPs right now? How are you thinking about this market?