3 ms·

10M a week = ~500M a year. 10B valuation. wow. Where is that?

• beambot 4y ago
  20x Price-to-Sales (P/S) multiple on trailing-twelve-month (TTM) revenues is actually on high-end of of sub-$20B SaaS right now -- it's just the new reality. Examples from public markets: Cloudflare ($NET) TTM revenue is $0.73B and $16.9B marketcap (23x P/S). DocuSign ($DOCU) TTM revenue is $2.1B with $15.5B marketcap (7.3x P/S). UIPath ($PATH) TTM revenue is $0.9B with $9B marketcap (10x P/S). Okta ($OKTA) TTM revenue is $1.3B with $13B marketcap (10x P/S).
  • upupandup 4y ago
    > it's just the new reality I wonder whether they are prepared for the next reality where these multiples is no longer sustainable.
    • silentsea90 4y ago
      What basis do we have to claim that even this isn't sustainable? If anything, I expect steady state multiples to be higher