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Calendly Raises at 43x Multiple at $3B
- stephsmithio 6y agoI don't know if it's just me, but Calendly feels like the perfect company to stay private, continue generating really healthy cashflows, and pay off the founders millions per year. I suppose the company had already raised a round, so they were already stuck in the "hypergrowth at all costs" trajectory, but seems like that kind of multiple for that kind of company is going to be destined for failure. I hope I'm wrong, but am I missing something here?
- throw03172019 6y agoI think you’re right. I am a customer but it doesn’t feel like a company that needs a $350M injection.
- throw03172019 6y agoWow. Congrats to the team! That is an insane amount of money for the product. Will be interesting to see what they do with it.