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Revenue numbers aren't mentioned in the article. Does anyone know about the multiple (valuation/revenue) they've raised at?

tschellenbach 8y ago
I'm guessing 20-25x revenue. Probably around 40m in ARR?
- orliesaurus 8y ago
  You're telling me AirTable makes more money than Zapier? wow
  - toomuchtodo 8y ago
    Valuations are not always straightfoward, and we don't know Airtable's ARR. I see Airtable as an Excel + Repl SaaS replacement. Does that have a larger market available to it? Maybe! Also, it doesn't appear Airtable has any competitors in the space (whereas your example has multiple competitors; MuleSoft is at ~$300 million/year in revenue, Microsoft doesn't break out their Flow service revenue unfortunately). I think Airtable and Zapier are both great products, and recommend both to clients, but they have different use cases.
    - orliesaurus 8y ago
      What's the most impressive Airtable use-case that comes to your mind, since you recommend it to clients? I'm trying to think of something that Google Spreadsheet + Zapier add-ons don't cover...can't come up with much
      - toomuchtodo 8y ago
        A client has a popular t-shirt production business and brand that does around $60 million a year in revenue and they're using Airtable as their process workflow tool (inventory, shipping, production, etc). They'll eventually graduate to a traditional ERP system, they're just not ready yet. Also, I don't find Google Spreadsheet to be a compelling tool for anything mission critical.
        orliesaurus 8y ago
        Thanks for sharing!
        toomuchtodo 8y ago
        Happy to help, a rising tide lifts all boats.
rebelidealist 8y ago
The Forbes article mention that they are on track to be around $20M https://www.forbes.com/sites/stevenbertoni/2018/11/15/move-slow-and-make-things-airtables-howie-liu-built-a-1b-software-giant-emphasizing-substance-over-speed/#74fbefaa1f20 https://www.forbes.com/sites/stevenbertoni/2018/11/15/move-s...

tschellenbach 8y ago

I'm guessing 20-25x revenue. Probably around 40m in ARR?

orliesaurus 8y ago
You're telling me AirTable makes more money than Zapier? wow
- toomuchtodo 8y ago
  Valuations are not always straightfoward, and we don't know Airtable's ARR. I see Airtable as an Excel + Repl SaaS replacement. Does that have a larger market available to it? Maybe! Also, it doesn't appear Airtable has any competitors in the space (whereas your example has multiple competitors; MuleSoft is at ~$300 million/year in revenue, Microsoft doesn't break out their Flow service revenue unfortunately). I think Airtable and Zapier are both great products, and recommend both to clients, but they have different use cases.
  - orliesaurus 8y ago
    What's the most impressive Airtable use-case that comes to your mind, since you recommend it to clients? I'm trying to think of something that Google Spreadsheet + Zapier add-ons don't cover...can't come up with much
    - toomuchtodo 8y ago
      A client has a popular t-shirt production business and brand that does around $60 million a year in revenue and they're using Airtable as their process workflow tool (inventory, shipping, production, etc). They'll eventually graduate to a traditional ERP system, they're just not ready yet. Also, I don't find Google Spreadsheet to be a compelling tool for anything mission critical.
      - orliesaurus 8y ago
        Thanks for sharing!
        toomuchtodo 8y ago
        Happy to help, a rising tide lifts all boats.

rebelidealist 8y ago

The Forbes article mention that they are on track to be around $20M https://www.forbes.com/sites/stevenbertoni/2018/11/15/move-slow-and-make-things-airtables-howie-liu-built-a-1b-software-giant-emphasizing-substance-over-speed/#74fbefaa1f20 https://www.forbes.com/sites/stevenbertoni/2018/11/15/move-s...