4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E81: All-In Summit: Bill Gurley & Brad Gerstner on markets, downturns & investment cycles

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Price to Revenue Multiple Slide on Sass Multiples

There are only 21 software companies worth more than 25 billion dollars in all the public markets. Thisus: If you were slapping a hundred x a or r revenue on a company doing 50 million in revenue, it's highly likely that they will never see that price again. The delusion and the deceleration in their growth rate will evicerate any return you have as an investor. And so if you get a really cheap deal, you do it super interesting, billy.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode