Janelle Teng Wade (@NextBigTeng) / X

Janelle Teng Wade

1,058 posts

Janelle Teng Wade

@NextBigTeng

Partner @BessemerVP | @ClickHouseDB @render @Saronic @TurbineOneTech @NODA_AI_atx @DominionDynamic @Claroty | All views personal

San Francisco, CA

nextbigteng.substack.com

Joined August 2020

Janelle Teng Wade
@NextBigTeng
May 4, 2021
Today was the very 1st time in my career where I was part of a meeting w an all female investment team + all female tech entrepreneur/operator team I know we have a long way to go, but as a junior VC, these moments give me so much energy + hope abt the future of this ecosystem!
Janelle Teng Wade
@NextBigTeng
Jun 1, 2024
Out of office: marrying the love of my life ❤️❤️❤️
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Janelle Teng Wade
@NextBigTeng
Jan 24, 2025
Profoundly honored to share this journey with all the incredible founders I’ve had the privilege of working with. Thank you for trusting me to walk alongside you as you all change the world! This milestone is also a reflection of the incredible support, collaboration, and
Bessemer
@BessemerVP
Jan 24, 2025
Congratulations to Janelle Teng, Bessemer's newest partner! @NextBigTeng invests in early-stage AI/ML infrastructure, defense tech, data infra & dev platforms, driven by her passion for working with research-focused founders. Learn more about Janelle: bessemervp.team/4gfzQDz
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Janelle Teng Wade
@NextBigTeng
May 15, 2023
Top-down TAM view from @MorganStanley on where spending accrues within the software stack 🥞 Across the different layers infra <> middleware <> app, which is your favorite slice of the stack?🍰
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Janelle Teng Wade
@NextBigTeng
Sep 7, 2023
Interrupting SaaStr week + YC demo day with some important news 💍❤️🥂
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Janelle Teng Wade
@NextBigTeng
Sep 21, 2022
Traditional GTM tools woefully underserve growth-stage PLG companies. But today’s modern data infrastructure stack has unlocked new enablers for a hybrid PLS motion. In our latest @BessemerVP roadmap, @spdholakia @aschmitt111 & I discuss purpose-built solutions powering PLG🚀👇
Janelle Teng Wade
@NextBigTeng
Jun 7, 2023
Data from @BankofAmerica on Software IPO valuations and volume over time... look at 2021 👀🧐😱 FWIW only 8% of 2021 Software IPOs that are still public are currently trading above issue price
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Janelle Teng Wade
@NextBigTeng
Jan 23, 2023
👀👀👀 There are currently 806 private tech companies valued >$1Bn... and only 278 of such companies in the public market😵‍💫 h/t SVB
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Janelle Teng Wade
@NextBigTeng
Apr 11, 2022
Cloud stocks have taken a drubbing in 2022, but not all companies have been impacted equally Been asked at least 1x every day over the past few wks abt the SaaSacre & what this might mean for different teams Went down 🐇🕳️; put together some thoughts👇🧵
The SaaSacre of 2022
From nextbigteng.substack.com
Janelle Teng Wade
@NextBigTeng
Feb 28, 2023
SBC is a hot-button topic in SaaS. It’s been called... "Greatest trick Silicon Valley ever pulled" "Disappearing expense" "A damned lie" In Part 1 of this series, I discuss overreliance on SBC as an incentive tool + SBC smokescreen to flatter financials👇
nextbigteng.substack.com
Unraveling stock-based compensation overhang in the SaaS industry (Part 1)
SBC is a hot-button issue in the cloud world today. Part 1 of this series covers a discussion on: overreliance on SBC as an incentive tool and SBC as a smoke-screen to “flatter” financials.
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Janelle Teng Wade
@NextBigTeng
Jan 6, 2023
🔥Spicy topic to kick off 2023: "Clean" downround vs. "Dirty" structured financing🥊 Everyone from @fredwilson to @matt_levine weighed in this week + Netskope's latest raise fueled more debate 3 reasons why structured rounds may not be a silver bullet 👇
nextbigteng.substack.com
Taking a "dirty" term sheet to preserve headline valuation: short-term gain for long-term pain?
To avoid a down round, some founders may consider a structured financing to maintain recent valuation. Is this a silver bullet or simply kicking the can down the road?
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Janelle Teng Wade
@NextBigTeng
Aug 29, 2022
The best part of VC is partnering w incredible founders & teams @aimlab @Claroty @implydata @Netlify @smule @trydatabook @virtruprivacy 👏Ty for investing in me 🙏@BessemerVP team @TheValuesVC @mcadonofrio @spdholakia @aschmitt111 @bdeeter @brianfeinstein who inspire me daily💪
Bessemer
@BessemerVP
Aug 29, 2022
Since joining Bessemer in 2020, @NextBigTeng's pragmatism and creativity have played a pivotal role in partnering with entrepreneurs as they build and scale category-defining businesses. Congratulations to our newest Vice President! bessemervp.team/3dZbXpy
Janelle Teng Wade
@NextBigTeng
Jun 11, 2024
In celebration of @databricks Data + AI Summit, @davidcowan @TheValuesVC @mcadonofrio @gracejhma @bhavikvnagda & I are v excited to launch @BessemerVP's AI Infrastructure roadmap The opportunities for infra startups are expansive in today's AI revolution: bessemervp.team/4bMm8GR
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Janelle Teng Wade
@NextBigTeng
Mar 4, 2024
And then there was one... As of today, there remains only one public software company projected to grow >30% in the NTM Some visuals from Guggenheim & Bank of America highlighting this shift in growth buckets within the software cohort👇
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