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simonebrunozzi
5y ago
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I doubt you need to be close to $100MM in ARR to raise at this valuation, given the current state of affairs.
My guess is that fast growth + $35-40MM in current ARR should have sufficed.
Just my 0.02.
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ttul
5y ago
Yeah, you could be right. 20x ARR is not unheard of. Cloudflare was trading at 30x recently.
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