Interesting to see tech share prices firming up a bit. What 12 Month Forward ARR multiples are you seeing on valuations (I know this is a silly way to value a company but that does not stop people from doing it). I was doing an ROI calculation on some pricing work that we are proposing and used 5X. The CEO bristled and thought this should be higher, I was actually thinking more like 3X for private companies in the current market.
In Canada, do we have politicians going down the same path as Truss?
Revenue multiples do not live in isolation and are tied to growth rates, churn, market etc. They are all over the place right now. I am working on small SaaS deal where 8X ARR is accepted by all angel investors. That is one data point.
Canadian Truss? I think the BC Liberals are the best example of believing in tax cuts solving all problems. But they are rebranding right now. Conservatives are more targeted (remember Harper's GST and boutique tax cuts?). But even the Liberals may give into the temptation closer to an election. Let's see.
Interesting to see tech share prices firming up a bit. What 12 Month Forward ARR multiples are you seeing on valuations (I know this is a silly way to value a company but that does not stop people from doing it). I was doing an ROI calculation on some pricing work that we are proposing and used 5X. The CEO bristled and thought this should be higher, I was actually thinking more like 3X for private companies in the current market.
In Canada, do we have politicians going down the same path as Truss?
Revenue multiples do not live in isolation and are tied to growth rates, churn, market etc. They are all over the place right now. I am working on small SaaS deal where 8X ARR is accepted by all angel investors. That is one data point.
Canadian Truss? I think the BC Liberals are the best example of believing in tax cuts solving all problems. But they are rebranding right now. Conservatives are more targeted (remember Harper's GST and boutique tax cuts?). But even the Liberals may give into the temptation closer to an election. Let's see.