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Do they actually have any significant revenue? I love developer tools companies, but there are several tools upstarts that have no proven business model. They
by kev009 9y ago
Do they actually have any significant revenue? I love developer tools companies, but there are several tools upstarts that have no proven business model. They look like really bad gambles in terms of VC investment, unless you can get in early enough to unload to other fools.
- eatmyshorts 9y agoI don't know their numbers, but it has been reported that their 2016 revenue was north of $10m, and that their 2017 revenue is more than 2x that. This is just a guess, but I'd guess that they are seeing >300% year-over-year revenue growth, and that they're projected to see >$50m in 2017. I would guess 20x current revenue, so a $1.3b valuation would mean roughly $10m per month in July 2017 (starting from $2-3m in Jan 2017). If this is accurate, I'd be glad to invest in Docker at a $1.3b valuation.
- kev009 9y agoThat sounds very pie in the sky, I can't imagine them cleaning 10m a month.