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Calendly Raises at 43x Multiple at $3B (techcrunch.com)
5 points by stephsmithio 1960 days ago
2 comments

I 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?
I think you’re right. I am a customer but it doesn’t feel like a company that needs a $350M injection.
Wow. Congrats to the team! That is an insane amount of money for the product. Will be interesting to see what they do with it.