
In this episode of Bootstrapped: The Lighter Side, Lighter Capital CEO Melissa Widner sits down with Sammy Abdullah, Co-Founder and Chair of Blossom Street Ventures, for a candid, contrarian, and refreshingly practical conversation about the state of the market for SaaS founders.
Sammy shares why he believes the pendulum has swung decisively back in favor of founders—despite the narrative that venture capital is still frozen—and why strong companies are getting funded quickly at valuations some investors won’t touch (but others clearly will).
He also pushes back on the “AI will kill SaaS” storyline, arguing that established software companies are best positioned to capitalize on AI, not threatened by it.
From his data-driven investment philosophy to his unusually open attitude toward cold inbound (yes—he actually prefers it), Sammy breaks down:
Why SaaS fundraising is far more active today than many assume
How lenders and private credit are reshaping the capital landscape
Why quantitative metrics beat team pedigree every time
The SaaS metrics he analyzes first—and why they matter more than pitch polish
A contrarian view on profitability and why many companies are focusing on the wrong thing
What he expects for SaaS, AI, interest rates, IPOs, and growth heading into 2026
If you're a B2B SaaS founder navigating fundraising, growth efficiency, or the rise of AI, this episode delivers uncommon insight wrapped in practical, founder-first advice.