Dear SaaStr: Why Did Loom Have a $1.53 Billion Valuation in 2021 and But Is Now Being Acquired by Atlassian for $975 Million?
SaaStr
OCTOBER 14, 2023
Dear SaaStr: Why Did Loom Have a $1.53 billion Valuation in May 2021 and But Is Now Being Acquired by Atlassian for $975 Million? There will be a lot of these deals. Great outcomes, but at lower than the peak 2021 prices. Why? Valuations were much, much higher in 2021 than they are today. So much higher. So high, in fact, that many acquirers will basically ignore those 2021 valuations, more or less.
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