3 ms·
Isn't a $23B valuation on $350M/ARR a bit high?
by sofixa 2y ago
Isn't a $23B valuation on $350M/ARR a bit high?
- BobbyTables2 2y agoIt’s funny, 2% investment return would beat that, while also avoiding the costs of keeping executives and 1000 employees.
- jgeralnik 2y agoThey have crazy growth. They reached $100M/ARR in 18 months, and 3.5 times that in less than 24 months more, so around 85% growth YoY. This is a purchase for future potential, not current earnings
- sofixa 2y ago> This is a purchase for future potential, not current earnings Clearly, but 85% YoY growth is obviously not sustainable in the long term. Sounds like an absurd overvaluation compared to recent acquisitions of software companies I can think of.
- jgeralnik 2y agoNo, but it's still a ridiculous YoY at this scale. Wiz is the fastest company to ever reach $100M ARR and still have a lot of growth left in them.