Rory O'Driscoll: Notion would price at $4B-$8B in an IPO today
Rory O'Driscoll · The Impact of H1B Visas on Startups in the US & NVIDIA Invests $100BN Into OpenAI · 20VC with Harry Stebbings · Sep 25, 2025 · at 1:10:01
Rory O'Driscoll is a General Partner at Scale Venture Partners. He estimates Notion's public market valuation based on current software revenue multiples.
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“A 30% grower, I mean, Netscope and Navan, and well, Netscope has priced already, you know, it's seven, eight, nine times NTM, so something like that, four or five billion, maybe more if they afford growth rate is a little better, or if I'm underestimating the revenue, but yeah, a long way from twenty billion, and it'll be interesting to see how they digest their preference issues, but A great outcome.”
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