Tech company valuations
According to a AFR article
https://www.copyright link/chanticleer/afterpay-founders-run-for-the-exit-20200707-p559qc
Company Total enterprise value/total revenues (last 12mths) Total enterprise value/forward total revenue (next 12mths) Afterpay 58.5x 29.13x Zip 27.1x 12.43x Slack Technologies 24.2x 18.08x Snap 17.8x 14.76x Netflix 10.7x 8.81x Tesla 10.1x 8.76x EML Payments 9.8x 6.87x Tyro Payments 8.1x 7.47x Spotify Technology 6.1x 5.01x Uber Technologies 4.0x 4.15x Chewy 3.5x 2.76x