Agree, this number seems enormous. Maybe there is a big stream of hosted services revenue that I'm just not participating.
Hashicorp is public. It's like a 15% premium on what their stock was trading at so it can't be too overpriced (or at least, more than it was already)
It's "only" 15% above market. (Which is not unusual for an aquisition.)
It’s ~10x their revenue which is not crazy in saas. If anything it’s underpriced only because of current economic headwinds
12x multiple for a Cloud SaaS company is not overpriced typically. I was surprised at this low multiple. Could be due to the current economic situation. And also the licensing changes, lack of product moat contributing in the wrong time.