4 ms·

Even if we grant this as true, a $50 billion valuation implies that they'll return 3-5 billion in profit at some point. Their revenue right now is an annualize

by treis 5y ago

Even if we grant this as true, a $50 billion valuation implies that they'll return 3-5 billion in profit at some point. Their revenue right now is an annualized ~2 billion. So they've got to at least 2-3x their revenue while increasing their operating income from slightly negative to 50% of revenue. As for the features, of course it's not whip it up in a weekend. But MS/Google/Apple are all in a position to put out a competitor that integrates into their platforms. It probably won't put DocuSign out of business but would cut into their margins.

adflux 5y ago
Imagine being able to generate docs like these using the office suite , google docs or libreoffice. Bye docusign.
- necovek 5y ago
  You can already digitally sign documents in LibreOffice (including "qualified electronic signatures" issued by European countries). I would be surprised if you can't do it in Microsoft Office too. However, qualified electronic signatures are harder to manage than what eIDAS simply calls "electronic signatures" (i.e. anything you put your name on): DocuSign value-add is a third-party to record an audit trail (time and date, IP address, assurance signatory has access to a particular email address...), basically, someone with no interest in misrepresenting facts about signatories to a document. There's a lot of legislation around this too, and that can be costly.
ab_testing 5y ago
When the fed is printing money, valuations don’t matter. Just for reference, Rivian is a $100B company with no revenue and potential orders for 50000 cars that they only plan to make until the end of 2024. In most cases , investors only care about growth. As long as they continue to see double digit growth, the stock will continue to grow . E.g TSLA. It is only when the growth stops that the stocks starts to crash - e.g. Peloton and Zoom .
- bserge 5y ago
  Modern valuations look suspiciously like bullshit. You know that old joke "if I go to work today, I'll make $100, which in a month is gonna be $3000, which in a year is gonna be $30000, which I'll invest properly and turn into a million! I'm rich, why should I even go to work today?" (prolly butchered it but you get it). Replace the wage with potential sales/users/growth/revenue and you can see how a company selling reusable butt scratchers can be valued at billions.

by treis 5y ago

adflux 5y ago

Imagine being able to generate docs like these using the office suite , google docs or libreoffice. Bye docusign.

necovek 5y ago
You can already digitally sign documents in LibreOffice (including "qualified electronic signatures" issued by European countries). I would be surprised if you can't do it in Microsoft Office too. However, qualified electronic signatures are harder to manage than what eIDAS simply calls "electronic signatures" (i.e. anything you put your name on): DocuSign value-add is a third-party to record an audit trail (time and date, IP address, assurance signatory has access to a particular email address...), basically, someone with no interest in misrepresenting facts about signatories to a document. There's a lot of legislation around this too, and that can be costly.

ab_testing 5y ago

When the fed is printing money, valuations don’t matter. Just for reference, Rivian is a $100B company with no revenue and potential orders for 50000 cars that they only plan to make until the end of 2024. In most cases , investors only care about growth. As long as they continue to see double digit growth, the stock will continue to grow . E.g TSLA. It is only when the growth stops that the stocks starts to crash - e.g. Peloton and Zoom .

bserge 5y ago
Modern valuations look suspiciously like bullshit. You know that old joke "if I go to work today, I'll make $100, which in a month is gonna be $3000, which in a year is gonna be $30000, which I'll invest properly and turn into a million! I'm rich, why should I even go to work today?" (prolly butchered it but you get it). Replace the wage with potential sales/users/growth/revenue and you can see how a company selling reusable butt scratchers can be valued at billions.