The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why the IPO Market is not Closed | Why Revenue Multiples are BS and Founders Need to Change | Advice From Jack Ma, Jamie Dimon and Evan Spiegel | Lessons from Taking Snap & Alibaba Public with Imran Khan
Imran Khan
So they have to do $1.2, $1.3 billion revenue to achieve and have to maintain the growth rate to achieve that snapshot value. But that's not a sustainable value because something always happened. Ultimately, SaaS businesses trade seven times revenue multiple.
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