Coming from experience with semiconductor companies years back, 3-4x earnings was a typical acquisition price. This speculation on growth is very interesting to me.
Recurring SaaS revenue with good retention is highly predictable with 80-90% gross margins and requires essentially no CapEx to scale, which is in stark contrast to the semi world.
You are also seeing YoY growth that can be orders of magnitude greater
You are also seeing YoY growth that can be orders of magnitude greater