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If every startup uses something, it's not a positive thing as then they are near peak revenue. Their revenue is $400m, and 50x multiplier in late stage is excep
by YetAnotherNick 4y ago
If every startup uses something, it's not a positive thing as then they are near peak revenue. Their revenue is $400m, and 50x multiplier in late stage is exceptional.
For canva and other small companies, I would give higher valuation to revenue multiplier.
- pavlov 4y agoIf every startup uses something today, it often means that it's just starting to be noticed by large enterprises, and in five years will have spread there too. There's probably a big untapped market for Figma in boring enterprise software and internal design needs for marketing, etc. I'd bet that Microsoft was bidding for Figma too. In that light, Adobe's $20B price is a sign of strength because they were able to afford to outbid Microsoft for an extremely strategic acquisition. Adobe isn't taking enormous amounts of expensive new debt to fund this. The stock market's opinion of the deal doesn't affect Adobe's finances directly.
- cyanydeez 4y agoNot every startup is eating adobes lunch