MongoDB at $1.5B in Revenue — An Epic Growth Story
SaaStr
JULY 24, 2023
Instead of looking at those who are struggling, let’s take a look at the epic growth story of MongoDB, a company crushing it in 2023. That’s about as good as it gets in SaaS and Cloud! While many less efficient public SaaS companies are trading at tough multiples of 3-4x ARR, and the average is about 6x ARR, MongoDB is almost 20x ARR.
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