State of the Cloud 2023 with Bessemer Venture Partners (Video + Podcast)
SaaStr
SEPTEMBER 20, 2023
What does this mean for Cloud companies? By the end of the year, valuation multiples for Cloud companies hadn’t just fallen below the 10-year trailing average but below the pre-pandemic long-term average we were used to seeing. The BVP Cloud Index is up 25%, indicating a light at the end of the tunnel. Let’s find out.
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