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public software multiples

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Dec 31, 2025 by Matt Fitzpatrick · across every show →

Everything said about public software multiples, oldest first

Dec 31, 2025 bearish
Assertion Open
Fitzpatrick: Public software multiples fell from 20x to 10x over two years
“In the last two years, you've seen public software multiples go from 20 X to 10 X, partly because of growth changes, and partly because they've tried, as they move profitable, their growth slows materially”
Matt Fitzpatrick Dec 31, 2025 ▶ 1:21:18 Matt Fitzpatrick: Who Wins the Data Labelling Race & Why Al Needs Forward-Deployed Engineers · 20VC with Harry Stebbings
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