dan_goosewin

4 ms·

1. 1.▲
   by dan_goosewin 1y ago

   Fair point. I submit that I'm probably overestimating how much profitability matters here. I've been hearing that Neon is burning through cash pretty aggressively, which raised eyebrows for me. But you're right: high margins
2. 2.▲
   by dan_goosewin 1y ago

   Profitability might not be as relevant as it used to be in M&A discussions, but it matters when you’re paying $1B. Valuations like this only make sense if there’s a clear path to significant strategic leverage or future cash flow.
3. 3.▲
   by dan_goosewin 1y ago

   > Neon is valued at $1B; Neon is still early‑stage and, AFAIK, not profitable. It’s a perfect snapshot of 2025: anything that’s (1) serverless, and (2) even vaguely AI‑adjacent is trading at a multiple nobody would have believed two year