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They 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 fu
by jgeralnik 2y ago
They 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.