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Somewhere buried in the article is Airbyte's valuation. For a 1 million in revenue they had a billion dollar valuation. That's like 1000x multiple. Is it becaus
by debarshri 4y ago
Somewhere buried in the article is Airbyte's valuation. For a 1 million in revenue they had a billion dollar valuation. That's like 1000x multiple. Is it because they are open source?
- iamacyborg 4y agoTheir deck is hilarious, talks about their single digit thousands strong Slack community as if that’s something to brag about.
- Mandatum 4y agoWow you weren’t kidding. Finally a startup in a field I know about. This is a bubble.
- deleted 4y ago[deleted]
- emrah 4y agoI think it's because there are investors desperate to get into this industry but can't invest in 5T et al, so they invest in whatever they are able to hoping they'll capture some of the uplift
- swyx 4y agosome other data points https://twitter.com/search?q=from%3Achetanp%20airbyte&src=typed_query https://twitter.com/search?q=from%3Achetanp%20airbyte&src=ty...
- dataengineer56 4y agoDumb valuation aside, Airbyte seems like it will wipe the floor with Fivetran and other pay-per-record data pipelining tools. Open source, decent community, you can host it yourself... Orders of magnitude cheaper.