Supabase Doubled to 10B in 8 Months What That Means for B2B SaaS Valuations

Supabase just doubled its valuation to $10 billion in eight months — one of the fastest re-ratings in B2B SaaS this cycle. Lucas and Luna break down what drove the jump, how the company positioned itself as an open-source alternative to Firebase, and what the math says about the multiples VCs are paying for infrastructure software in mid-2026. They also explore what this kind of velocity signals for earlier-stage startups building developer tools and platform products, and whether the market is rewarding growth over profitability again — or just betting on database lock-in. Tied to current market data showing a 9% drop in Microsoft and an 8% drop in NVIDIA over the past five days, the conversation looks at how cloud infrastructure plays are priced differently in public and private markets. #Supabase #B2BSaaS #StartupValuations #OpenSource #FirebaseAlternative #DevTools #InfrastructureSoftware #VentureCapital #GrowthStage #ARRMultiple #SaaSMetrics #PrivateMarkets #TechValuations #Database #PlatformProduct #BusinessAndTechnology #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo