I see a lot of ppl talking about pre ipo companies being over valued today. While that maybe true let's look at what people feel about long term viability for these hot startups Would love your opinion on 3 things potential valuations of these companies today Potential valuations say 5 years from now And why you feel bullish or bearish about the company Few examples are some of the hottest pre ipos today are stripe, airtable, lacework, rippling brex, ramp, chime, gusto , databricks etc Easy way to respond would be in following format if it helps Company name, what valuation should be today , what valuations should be in 5 years For eg Rippling , should be 6b today , 25+ b in 5 years
Just accepted at Databricks...cash comp was good enough to move, so stock is all upside
Congrats @google Db valued at 37b today Where do u see them 5 years from now
Lol
Lacework? Are you kidding me?
Why?
Didnāt they just layoff a lot more of people recently?
If they arenāt profitable they will probably fail
True But for companies were optimizing for growth Now they are optimizing for free cash flow
Stripe, Airtable, Gusto and Databricks have very good products. I donāt know enough about the rest, but in my opinion these four will ultimately succeed.
Gusto is limiting itself to small businesses. Their revenue is probably 300m per year at 10b valuation. Can you tell me how Gusto is good?
Small business are a very large part of all businesses in the US. Dominating this market first and expanding later isn't as bad as people make it out to be. Have you used their product by the way? It is quite good.
Give any pre IPO a 50-90-% haircut from last round. I know that means none of them are a good call at the moment. The bubble just burst.
Oh yes let's listen to the ppl on blind who have no access to the finances or inner workings of any these companies and pretty much have no idea what they're talking about
False, clearly there are ppl on blind who either work at those companies themselves or have friends there, what's wrong with coming here to give a shot? Isn't that the whole point of blind?
@Amazon to second @Meta's point I agree lot of people will not have direct info on numbers. But you do hear things about companies your friends are working with or have indirect knowledge off Again it's more to get the feel of what folks things rather than exact numbers,aka bullish or bearish
Itās about both profitability and growth now. The hype on SAAS companies is gone and may not come back. Give a large discount to those companies.
Which companies are better then?
Public ones
Chimeš
Ramp, should be 1-2b today, will be 6-8b in 5 years Stripe, should be ~20-30b today, will be ~30-35b in 5 years Basically give everything a massive haircut as other commenters are saying. Public markets aren't loving fintech/SaaS anywhere close to the levels they once were.
Any others?
Brex?
Just accepted offer from Brex in non-tech role. Following this
Doesnāt Brex allow 90% cash compensation?
Yup, you pick the split. I did 90/10 towards cash to help with the debt and rental investments