Clouded Judgement 10.11.24 - Budget Flush
Clouded Judgement
OCTOBER 11, 2024
As a result, software vendors often see an uptick in revenue and bookings during these periods. We all know 2020 and 2021 was the year of excessive software buying fueled by ZIRP. Revenue multiples are a shorthand valuation framework. This concept is nothing new and has been going on for a while. Cloudflare is up 17%.
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