Spiegel: Lawmatics can reach a 12x-13x valuation multiple with AI
Matt Spiegel · How to Scale to $12M ARR: The Serial Founder Playbook for Vertical SaaS and Agentic AI · Feb 4, 2026 · at 19:50
Matt Spiegel, CEO of Lawmatics, discusses future transaction valuation multiples for 2026-2027 with Nathan Latka.
0:00 / 0:11exact quote · 11.7s
720p mp4 · rendered on demand · StarZero watermark
“Given where we are in the market now, and especially with some of the stuff with AI, I think we actually will get back to, or we have the opportunity to get back to a 12 or 13 X multiple on business if we look to do something.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Matt Spiegel
Spiegel: Pure SaaS companies will see revenue drop to zero within years
“So, I mean, look, my general thought on this is SAS is dead. So if you're just SAS, your revenue is going to go to zero in the next couple of years.”
Spiegel: Glorified ChatGPT wrappers will face valuation reckoning and crash
“And so I do think we're going to see my guess is that we see a little bit of a reckoning on some of these crazy valuations on some of these companies that are again, just glorified chat GPT rappers. So I think we'll see a little bit of a crash on some of those…”
Spiegel: MyCase is likely generating $150M to $200M in ARR
“I don't know what the specific my case piece, cause it's part of a much, you know, it's the biggest property in a bigger company. There are other pieces there, but I gotta believe that it's somewhere around a 150 or two hundred million of ARR.”
Spiegel: MyCase sold for well over a 25x ARR multiple in 2012
“It was a lot. I will tell you it was much more than Like, 25 acts.”