To put the depth of the reset in context: to justify a $1B valuation, a cloud unicorn today would need to plan on doing $178M in revenues in the next 12 months, if you apply the current median cloud software multiple (5.6x forward rev)
To put the depth of the reset in context: to justify a $1B valuation, a cloud unicorn today would need to plan on doing $178M in revenues in the next 12 months, if you apply the current median cloud software multiple (5.6x forward rev)