Thank you William! I appreciate you taking the time to explain the economic situation better.
I found this article from Goldman Sachs Asset Management (July 2022) that states,
"Hyper- growth software companies have seen their valuations decline by three-quarters from their November highs to the end of June 2022, to an average valuation of …
Thank you William! I appreciate you taking the time to explain the economic situation better.
I found this article from Goldman Sachs Asset Management (July 2022) that states,
"Hyper- growth software companies have seen their valuations decline by three-quarters from their November highs to the end of June 2022, to an average valuation of 8.0x next-twelve-month revenues. This is below the range seen in 2015-2020."
Thank you William! I appreciate you taking the time to explain the economic situation better.
I found this article from Goldman Sachs Asset Management (July 2022) that states,
"Hyper- growth software companies have seen their valuations decline by three-quarters from their November highs to the end of June 2022, to an average valuation of 8.0x next-twelve-month revenues. This is below the range seen in 2015-2020."
https://www.gsam.com/content/dam/gsam/pdfs/common/en/public/articles/2022/Growth-Equity-Recent-Dispersion-in-Growth-Equity.pdf?sa=n&rd=n
Can you share a link to the Guggenheim February 2023 software valuation report?