[jkaljundi]

At that scale and growth, P/E of 6-10 and 1-2x forward revenue multiple sounds reasonable.

One thing to keep in mind is the technological risk and market change over next 5 years. Does your cost base guarantee that you keep investing and changing the business so that after 5 years you are at the top of market again?

Products, services and companies come and go. The buyer needs to take into account the risk of you being outcompeted on the market during coming years. Has happened to many smallish B2B SaaS companies.

The buyer also always has a huge risk of transitioning from current founders and management.