Udemy’s slowing revenue growth is not bullish for edtech valuations more broadly; the company’s modest resulting revenue multiple is also somewhat beige.
It turns out fintech is worth as much as SaaS
The lesson appears to be that revenue growth matters more than near-term margins for fintech companies, allowing them to secure valuations that far surpass their final private marks.
Freshworks’ valuation could crest $10B in upcoming IPO
Freshworks now expects to charge between $32 and $34 per share in its debut, up from the $28 to $32 per-share range that it initially disclosed.
What to make of Freshworks’ first IPO price range
It appears that Freshworks is pretty reasonably priced in its current range.