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Palantir to File IPO in Weeks for Possible Fall Debut
- tick_tock_tick 6y agoI expect market demand to be incredibly if the financials look good in any way. They are on the ones that pickup all the government work dropped by google/etc for moral grounds.
- carlineng 6y agoSuper interesting that their funding round in 2015 valued them at $20 billion. In late 2015, public SaaS revenue multiples were in the 6-7x range [1]. According to the article, they are looking to hit $1 billion in revenue this year. If we assume a 25% compound annual growth rate from 2015 to today, this would put their 2015 revenues at ~$350 million, for a multiple of >55x (Zoom's current EV/NTV revenue multiple) at the time of the raise. That's pretty astounding, and makes me think there must be more to the story here (and not necessarily in a good way). [1]: https://www.meritechcapital.com/public-comparables/enterprise#HistoricalTradingData https://www.meritechcapital.com/public-comparables/enterpris...