No problem! I did not actually gather the data. The information...

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    No problem!

    I did not actually gather the data. The information is sourced from a reliable venture capital firm.

    As such I am not 100% sure what the grey line represents but I am quite certain it represents the EV/Forward Revenue multiple of the Software & Services sector generally.

    This includes companies who sell perpetual licenses and traditional software companies (not SaaS).

    I hope this helps!
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