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$175 is round E, not the valuation nor the total money raised. 10x forward earnings would mean a $500M run rate to just equal this valuation and breakeven to th
by manigandham 7y ago
$175 is round E, not the valuation nor the total money raised. 10x forward earnings would mean a $500M run rate to just equal this valuation and breakeven to these latest investors.
EDIT: Since you've changed your comment, I'll re-ask my original question: How many checks will it take to get to $500M run rate? It's a high goal for infrastructure companies.
- nl 7y agoYes, sorry about the edits - I was adding examples. It's a private company, so revenue has to be guessed. Puppet (Hashicorp competitor, and I think most would agree smaller competitor) announced "approaching" $100M revenue in early 2017[1]. Given Hashicorp's tempo in raising money it looks like they are hitting goals, so their growth rate must be ok. Based on that it's not difficult to imagine Hashicorp is at $300M+ now? [1] https://www.oregonlive.com/silicon-forest/2017/04/puppets_ceo_on_his_new_job_all.html https://www.oregonlive.com/silicon-forest/2017/04/puppets_ce...