Canva and Databricks: The Two Big Potential SaaS / Cloud IPOs of 2024
SaaStr
NOVEMBER 24, 2023
And Both, Importantly, With Strong Brand Names (Even in Consumer, With Canva). Now, maybe they both wait for 2025. If both trade at say 15x ARR, even in a 6x world, that would put both at $30B+ market caps. We’ll see. But both look strong enough to go in 2024. That will get folks excited again.
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