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Did I read that right - they currently have $200M ARR? Keep in mind the $5B "valuation" probably is based on share price of the preferred share times total num

by zaroth 9y ago

Did I read that right - they currently have $200M ARR? Keep in mind the $5B "valuation" probably is based on share price of the preferred share times total number of all shares. In other words, fiction.

swyx 9y ago
25x sales - high but seems reasonable for high growth b2b saas with network effect. you were expecting more or less? not clear from your qtn
- zaroth 9y ago
  Managing to create a network effect for corporate chat rooms is impressive. But it is a bit depressing that centralized unencrypted chat for corporations is a billion dollar product.
  - bkanber 9y ago
    The chat room isn't what's worth a billion dollars. The fact that they basically own the productivity chat market is.
    - somehnreader 9y ago
      "productivity chat market" <-- whats that?
      - bkanber 9y ago
        "Work chat"
deleted 9y ago
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