Rejoice, for startup valuations are slowly recovering
https://techcrunch.com/2023/06/14/software-valuations-continue-trending-upwards/
We have good news for tech companies big and small this fine Wednesday morning: valuations are heading higher, though at a modest pace.
New public market data indicates that software stocks are rising to their highest points so far this year. And to make it sweeter, the underlying revenue multiples at public companies are expanding as well, especially at the faster growing subset of software companies.
Rejoice, for startup valuations are slowly recovering
Jun 14, 2023, 3:25pm UTC
https://techcrunch.com/2023/06/14/software-valuations-continue-trending-upwards/
> We have good news for tech companies big and small this fine Wednesday morning: valuations are heading higher, though at a modest pace.
> New public market data indicates that software stocks are rising to their highest points so far this year. And to make it sweeter, the underlying revenue multiples at public companies are expanding as well, especially at the faster growing subset of software companies.