Re:Substack is laying off 14% of its staff
by JamesBarney on Wednesday June 29, 2022 @05:45PM
(#31926081)
One of the industries is
Computer Software: Prepackaged Software 112.17% 17.81
And that doesn't take into account that Substack is doubling every 6 months
So Substack is 2 doublings or 12 months away of growth from bringing it's multiple to the industry standard, that might be an aggressive evaluation but it doesn't seem insane.
And that doesn't take into account that Substack is doubling every 6 months So Substack is 2 doublings or 12 months away of growth from bringing it's multiple to the industry standard, that might be an aggressive evaluation but it doesn't seem insane.
[0] https://www.statista.com/statistics/1243565/substack-paid-su...
* Not to mention most VC deals are sweeter than a pure purchase (in terms of being protected from a down round etc.. *