Author: Jason Lemkin
Go to Source
The Harvard
Business Review Entrepreneur's Handbook: Everything You Need to Launch
and Grow Your New Business 
Free $0.00 Amazon
Q: How has Doximity, the “LinkedIn for doctors” reached a $10B valuation?
Answer: very high revenue growth at $200m+ ARR:
Doximity’s revenue multiple is quite high, at 40x ARR. Very high.
But so is its growth and NRR. With 78% annual growth even at $200m+ ARR, and 153% NRR … plus being highly profitable … it’s a top decile SaaS and Cloud stock.
And the top decile is trading at very high multiples today:
The post Dear SaaStr: Why is “The LinkedIn for Doctors” Worth $10 Billion? appeared first on SaaStr.