> you too can be a multi-billion dollar company with very modest mindshare That's in terms of valuation, not revenue. GlobalLogic has barely hit $1 billion in

> you too can be a multi-billion dollar company with very modest mindshare That's in terms of valuation, not revenue. GlobalLogic has barely hit $1 billion in annual revenue. Its FY 2019 revenue was $771 million, according to [1]. It's projecting $1.2 billion for 2021. It has somewhere around 17,000 - 19,000 employees, which works out to somewhere between $40k to 60k revenue per employee per year. And that's not even profit. (As a completely unfair point of comparison, Google's revenue per employee is upwards of $1m.) So a $10bn valuation is just ~18,000 people, times ~$55k revenue per person, times a 10x "times-revenue" multiplier for the valuation. I think a lot of the surprise at unexpected multi-billion valuations comes from the perspective of how big $1bn seems to an average individual. But it's not that big once you do the math for companies with 10,000+ people. [1] https://www.prnewswire.com/news-releases/hitachi-to-acquire-globallogic-a-leading-us-based-digital-engineering-services-company-301259254.html https://www.prnewswire.com/news-releases/hitachi-to-acquire-...