Every week I’ll provide updates on the latest trends in SaaS valuations, earnings announcements, and highlight any significant news. Follow along to stay up to date! This Week’s Sell-Off This week cloud software companies sold off between 10-20%. I’ve written in previous posts how the sell off towards the end of March and into April was (inversly) correlated with the 10-Year treasury yield. So far in 2021 we’ve seen the 10-Year shoot up from 1% to 1.5%, while cloud multiples fell. However, over the last couple weeks the 10-Year has held steady in the 1.5-1.6% range. In fact, it actually fell slightly over the last week as cloud multiples also fell significantly. From what I can gather, the sell off this week has more to do with what people
Jamin, great work on these weekly newsletters. Can you provide a link to an excel version of the chart at the end of the newsletter? It would make sorting and comparisons easier.
Dear Jamin, thanks for the analysis, however - I noticed the NTM rev multiple for ZI appears to be much lower at koyfin, and your multiple of 26.6x appears to be EV/EBITDA. Isn't it a typo?
Jamin, great work on these weekly newsletters. Can you provide a link to an excel version of the chart at the end of the newsletter? It would make sorting and comparisons easier.
Dear Jamin, thanks for the analysis, however - I noticed the NTM rev multiple for ZI appears to be much lower at koyfin, and your multiple of 26.6x appears to be EV/EBITDA. Isn't it a typo?