When raising at a 40x multiple makes sense
https://techcrunch.com/2022/03/18/when-raising-at-a-40x-multiple-makes-sense/
Webflow, a well-funded no-code startup that helps customers build websites, raised a new round of capital this week.
Per Forbes reporting, Webflow landed $120 million in fresh funds at a $4 billion valuation. Forbes also writes that the company will reach the $100 million annual recurring revenue (ARR) mark shortly, has more than 200,000 customers, and currently earns around 8% of its total top line from enterprise customers.