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A comment on Zapier reached a $5B valuation with $1.3M of funding.

Re:Zapier reached a $5B valuation with $1.3M of funding by frongpik on Wednesday March 10, 2021 @05:48PM (#26417490)
So on paper they are billionaires, but in fact they only have a bit over 1M - just enough to pay bills for 6 months.
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Re:Zapier reached a $5B valuation with $1.3M of funding by brenryd on Wednesday March 10, 2021 @05:55PM (#26417577)
They have only raised $1.3m, which they most likely spent a long time ago. They have been profitable (self-sustaining) for years. Sure their stock is not liquid, but there is a strong case that they could move towards liquidation (IPO) at a $5 billion or higher valuation.
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Re:Zapier reached a $5B valuation with $1.3M of funding by nacs on Wednesday March 10, 2021 @05:54PM (#26417566)
From the article:

> Zapier reached $100 million in annualized recurring revenue

They have access to a lot more than a million.

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