E294 | SaaS isn’t dead, it’s just different: Alexander Theuma from SaaStock on the industry’s turning point

from CHURN FM · host Andrew Michael

Today on the show, we welcome Alexander Theuma, founder of SaaStock and general partner at BackFuture VC. In this episode, Alexander dives deep into the shifting SaaS landscape, exploring how AI is redefining capital efficiency, company structure, and startup strategy.We discuss how VC trends are evolving, the rise of M&A and SaaS consolidation, and how lean, AI-powered startups are replacing bloated headcounts. Alexander also shares the lessons he’s learned from running SaaStock for over a decade and how his unique vantage point shapes the way he backs early-stage founders.As always, let us know what you think by emailing me at [email protected], and don’t forget to follow us on X.Mentioned Resources:SaaStockBackFuture VC

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This episode was published on June 25, 2025.

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