The market value of a company is (in theory) the sum of the lifetime value of all of the customers. No idea what Atlassian's ACV is but $160K is $30K/year over

The market value of a company is (in theory) the sum of the lifetime value of all of the customers. No idea what Atlassian's ACV is but $160K is $30K/year over five years (not a crazy estimate for the lifetime of line of business software in an organization). However, investors also care about growth and Atlassian grew subscription revenue 64% from FY17 to FY18.