[xquery-talk] Izzit Bcos I is functional?
dflorescu at me.com
Mon Jun 22 09:25:27 PDT 2015
I have their financial analysis slides, but honestly I am not sure if I am supposed to make them public.
(I guess you just have to wait until THEY make them public).
About the valuation, I have no idea.
Not everybody likes to have a 10X valuation, which is clearly a sign of tech bubble over-evaluation.
(and actually such over-evaluations can be very harmful to companies later on if things don’t turn up as expected)
But I do not know exactly the story with their latest evaluation.
> On Jun 22, 2015, at 3:34 AM, Jason Hunter <jhunter at servlets.com> wrote:
>> DatasTax after 3 yearsof existence is at more then 300M revenue (and less investment from VCs).
> I was curious about this figure. Did DataStax really make it close to $300m in revenue?
> During that period, it more than doubled the number of employees to more than 350, and it increased its annual revenue run rate by more than 125 percent. “The valuation of the company is over $830 million, which is more than double the valuation of the company 12 months ago,” Pfeil said. The privately held company doesn’t share revenue figures.
> If the company's valuation is $830m and it grew by 125% in the year before, then we can deduce revenue is nowhere close to $300m/yr. It wouldn't even be above $100m/yr.
> They raised $190m in VC so far.
> talk at x-query.com
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