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$7B valuation on only $200M in EBITDA, let alone profits? If they aren’t thinking of selling now in this silly market for that ridiculous valuation I admire ho
by valuearb 6y ago
$7B valuation on only $200M in EBITDA, let alone profits?
If they aren’t thinking of selling now in this silly market for that ridiculous valuation I admire how centered they are on things more important than money, such as building and owning your own ideas.
- ymolodtsov 6y agoThat's not a really high multiple for a software subscription business.
- randomsearch 6y agoI suppose the obvious answer to that is - and what do you think the second best IDEs for Java, Python, and JavaScript are? Because the longevity of SaaS defines its value and JetBrains has zero rivals and a very big moat (a polished product beyond any other IDE I’ve used). You’d assume surviving 10 years is guaranteed and a sale is almost certain. Whoever buys JetBrains (ms, Amazon, google, one of the three for certain) will pay through the nose.