Philosophy

Is "Unicorn or Bust" the Only Model? with Matt Melymuka

By 
August 20, 2021

Matt Melymuka is a co-founder and partner at PeakSpan Capital. An experienced venture investor in SaaS companies, Matt believes that the "growth at all costs" is crazy for most companies. I couldn't agree more. Which is one of the reasons I was so interested in having Matt on the show. In the last 10 years, the odds that a business will breach a $100M exit value is about three percent (by our math). So, that's the focal point of our conversation today. If the success rate of this sales model is so low, why are investors so wedded to this playbook? We get into this and much much more. Sales Enablement Podcast Website

About Matt Melymuka

Matt has been working with growth-stage software and technology businesses his whole career and has had the privilege of working with over 30 growth-stage business software companies over the last 15+ years. Prior to co-founding PeakSpan, Matt worked at Greycroft Partners on the growth-stage investment team. Prior to Greycroft, he worked at Investor Growth Capital on the B2B software investment team, where he met Phil, and they began refining the investment strategy, approach, and philosophy that underpin PeakSpan today. He started his career in investment banking as a member of the Technology, Media, and Telecom group at Piper Jaffray. Matt was named to Crain’s New York Business’ 40 Under 40 List in 2022 and GrowthCap’s Top 40 Under 40 Growth Investors List in 2024 and 2025. Matt graduated cum laude from Georgetown University, where he majored in Finance.

He has been snowboarding all his life and is an avid traveler, journeying to over 30 countries with his wife, Ratavy. But these days, you're more likely to find them on the Upper West Side than on a plane, where they live with their two daughters, Luna and Leyla, and their furry son, Enzo the mini golden retriever, who doubles as the girls’ bodyguard and best friend. Matt grew up just south of Boston and remains a die-hard Boston sports fan despite facing the constant, character-building struggle of living behind enemy lines as a New York City resident.

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