valid points, I agree 8 - 10 x revenue multiples are more respectable
I constantly bring up Xero because I like benchmarking
in terms of EBITDA, Xero posted an EBITDA of -$29 mil
they only posted a positive EBITDA thanks to depreciation
ARR is a different beast that can't be compared to other industry models, like comparing apples to oranges....dolphins to whales
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