State of the Cloud 2023 with Bessemer Venture Partners (Video + Podcast)
SaaStr
SEPTEMBER 20, 2023
While 2022 was a gloomy year, the skies are parting in 2023. A lot of the uncertainty of 2022 stemmed from changing macro conditions, and now 2023 is seeing more stabilization. In 2021, the average multiple was 34x, decreasing to 30x in 2022, and 26x in 2023.
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