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"Based on current revenues, current growth rates, and a conservative multiple, Campfire will sell in the single digit millions, and Highrise will sell in the te
by jhonovich 13y ago
"Based on current revenues, current growth rates, and a conservative multiple, Campfire will sell in the single digit millions, and Highrise will sell in the tens of millions"
Anyone care to take a guess to what Campfire and Highrise revenue? What type of multiple of revenue do they expect to get?
- sutterbomb 13y agoI'd guess a 6x multiple of revenue, considering their sales, staffing and acquisition models. (I.e. no-touch, low-overhead, referral/word of mouth.) [Addendum] Perhaps 6x was extremely low given the current market. Need to update my priors: http://tomtunguz.com/saas-valuation-bubble/ http://tomtunguz.com/saas-valuation-bubble/