But growth is already slowing from 2018-2019 vs 2019-2020 period.
40% YoY growth for SaaS is par for the course, and the revenue figure is a bit light.
Not necessarily a home run in the public markets though if there's a time to do a tech IPO it's now given the frothiness of the market.
Re:Unity Software Inc S-1
by hunterloftis on Tuesday August 25, 2020 @09:51AM
(#24271325)
I've heard this term used a few times now - a "frothy market," or a "frothy startup," but I'm not familiar with it. What does frothiness mean in terms of markets?
Rapid growth software company with most of the sales coming product should have price/sales to be abowe 10-20 at least.
Should we expect $5 -10 billion market cap?
Re:Unity Software Inc S-1
by jkinudsjknds on Monday August 24, 2020 @11:57AM
(#24261879)
Sounds kind of mixed to me. What's going to enable them to turn an annual loss of ~$150M into a profit?
Promising financials!