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Clouded Judgement 4.19.24 - Rubrik IPO Update

Clouded Judgement

The table below lays out a few stats at different share prices. Overall Stats: Overall Median: 5.7x All of that being said - the initial range the company set implies a 6.5x NTM revenue multiple for a business growing >40% (at significant scale) that is operating at roughly breakeven. Top 5 Median: 16.3x Bucketed by Growth.

Cloud 141
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Clouded Judgement 3.29.24 - Q4 Earnings

Clouded Judgement

Overall Stats: Overall Median: 6.4x The views expressed herein are the author’s alone and do not constitute an offer to sell, or a recommendation to purchase, or a solicitation of an offer to buy, any security, nor a recommendation for any investment product or service. Top 5 Median: 17.8x Bucketed by Growth.

Cloud 278
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Clouded Judgement 5.3.24 - Hyperscalers Report Q1 + Early Look at Software Reports

Clouded Judgement

Before the pandemic, companies were marching to modernize their infrastructure, moving from on-premises infrastructure to the cloud to save money, innovated at a more rapid rate, and to drive more developer productivity. Overall Stats: Overall Median: 5.8x Top 5 Median: 17.5x Bucketed by Growth. Mid Growth Median: 8.0x

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Dear SaaStr: What Percentage of Total Incoming Deals Do VCs Invest In?

SaaStr

But … First, a whole bunch are simply “not on point” The team, product, or space obviously does not meet the venture bar. If you look at Homebrew’s stats, yes ~1600 were intro’d to them. Or, in many cases, the stage is simply off. And of those 64 — 10 got funded.

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The Impact of Direct Dials on Sales Productivity

Take the following stats into consideration: It takes 5 minutes to connect with a prospect via direct dials, but takes 22 minutes using company switchboard numbers. Often, sales reps who fail to hit the phones hard are left wondering how they missed their quota. How can you (and your sales team) benefit from this eBook?

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What the FTX Fiasco Means for Web3

Tom Tunguz

Those are rough stats. That gloom will continue to cast over the ecosystem until a founding team figures out a way to assemble decentralized databases, tokenomics, wallets, & NFTs into a product that changes the world. In addition, hackers have stolen more than $2.3b of assets from projects year-to-date.

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Clouded Judgement 4.26.24 - Azure Gives Positive Infra Software Preview

Clouded Judgement

It also sounds like they were starting to prioritize compute for their Copilot products. Overall Stats: Overall Median: 5.8x If this capacity constraint wasn’t an issue, then the Azure AI Services revenue would almost certainly be higher. Net net - I think Azure was a positive signal for the rest of infrastructure software.

Azure 177