[bogomipz]

In the formula you provided how is the number for the multiple arrived at? Is that the multiplier that will be realized at some future date based on the current rate of growth? If so what would that future date be - the next round of funding, an IPO, something else?

[tomasien]

It depends on the margin of the revenue and the growth rate primarily

[bogomipz]

So is there a generally accepted formula for calculating that given those two inputs?