Snowflakes
topic on 3 shows · 3 statements across 3 episodes
the Neon Show
the Official SaaStr Podcast
20VC
3 statements about Snowflakes, every show
Sharma: For-Profit Data Intermediaries Will Drain Value from Data Creators
“But what will happen is that if these companies are profit maximizing entities, they will suck the value away from the edges, because if you, on the other hand, make them a public utility, Then the value is either with the person who had the data, the hospital…”
Lemkin: Startup valuations above 15x ARR are suspect in current market
“First, I basically decided that anything north of 15 X ARR had a suspect valuation in the current world. Okay. That's what the top and this most startups are not going to be the very top. They're most aren't going to be data dog or snowflakes on the other hand…”
Lemkin: Average Public SaaS Companies Trade at 5x to 6x Revenue
“There's a handful that are more than 10 X the snowflakes and cloud flares up spots, but the average, I think we'll see it on the next slide. I think it's about five or six X. So the average SAS company, really good ones, public ones are worth five to six times…”