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This $1.3B dollar figure is surely relative to Databricks 2021 valuation from their Series H (most recent round), and doesn’t represent real money since multipl
by paulsutter 3y ago
This $1.3B dollar figure is surely relative to Databricks 2021 valuation from their Series H (most recent round), and doesn’t represent real money since multiples have plunged since then
Estimates of Databricks revenue is $400M and “valuation” of $36B, which would never hold today
- _bohm 3y agoWhere do you get the $400m figure? Just a couple weeks ago Bloomberg ran an article stating their revenue is >$1B
- noirbot 3y agoYea, with what they charge, I'd be surprised if it was as low as 400 mil. I've seen mid-sized companies with 8-figure Databricks contracts.
- tedivm 3y agoDatabricks wasn't the one purchased, MosaicML was. Mosaic's last round had a valuation of $136m, so this is a pretty big jump for them.
- gk1 3y agoThe Databricks valuation is relevant if any part of the acquisition was paid for in Databricks equity.
- jamesblonde 3y agoAny part? My guess is 100% of it.
- brentm 3y agoI heard Ali the CEO of Databricks speaking on a podcast recently and stated their revenue last year was north of 1B.