The Figures and the Triggers, page-13

Last night the ceo of Cultureamp won entrepreneur of the year from e&y, good on him. Privately owned tech company, essentially same ARR as lvt, same cash burn, almost identical raise last month, growing 3-4 times slower... market cap? Over $1b.

so what is the difference here? Lvt is listed on asx and CultureAmp is private and raised capital through far more educated us investors. So much sh1tty sentiment for tech stocks on asx from old school investors who can not get out of the old ways of building high valued companies... it ain’t about ebitda in tech these days. Both lvt and Cultureamp are 2 great Australian companies, but the Australian punters have got lvt model and valuation completely wrong.