Alves: Recent AI Exits Reached $300M-$400M on Just $3M-$5M ARR
Pedro Alves · AI Company Ople $15m Raised, Just $500k Revenue, Overvalued? · Jun 25, 2020 · at 19:56
Pedro Alves, founder of AI startup Ople, defends his company's high funding-to-revenue ratio while discussing startup valuation multiples with host Nathan Latka.
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“In the space that we're in, like if you look at AI, there's the last two exits that I saw were in the range of the companies had between three and five ARR and sold for between three and four hundred million dollars.”
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