Actually seems Databricks got a great deal for Mosaic. Real qustion is why Mosaic took it v. hold out or do another round Rough math plugging in public #s and

Actually seems Databricks got a great deal for Mosaic. Real qustion is why Mosaic took it v. hold out or do another round Rough math plugging in public #s and comments here: - All stock deal at Aug 2021 val of 38B (1B ARR) - Assume rev doubled to 2B (which may even be aggressive) - SAAS multiples are down 6x since Aug 2021 - 38B x 2 / 6 = $12.7B - 12.7B / 38B * 1.3B = 434M = effective price - Assume 100M to pref stock --> Comes out to 334M, with a chunk of that (1/3? 1/4?) potentially subject to earn out