What does a company look like when goes from littl
Post# of 32635
When a company's SaaS revenue accelerates, so does its valuation
In the case of Databricks, 31x revenue and 4 years ago, they hardly had any.
To date, they raise $897M which means valuation now is 7x what they raised.
Databricks’ Growth Draws $400 Million Series F Investment and $6.2 Billion Valuation - October 22, 2019 10:00 PT
"The company has grown annual recurring revenue (ARR) well over 2.5x over the past year and has gone from almost no revenue to a $200 million revenue run rate in less than four years ."
https://databricks.com/company/newsroom/press...-valuation
As VERB's revenues climbs, so will the multiplier and the valuation