George Arison
๐ค SpeakerAppearances Over Time
Podcast Appearances
Look, we are we're in strong shape financially, which is good.
And we can weather sometime.
Right.
I think in practice, there's going to be a bunker mentality out there for 60 to 90 days.
And so nothing's going to happen.
And I think we all need to bunker down and kind of get ready for that.
And then we'll, you know, plan for the funding period after that.
Now, I do think, look, in practice, valuations are going to come down, right?
So I think not being overvalued right now is a good thing.
I think we're lucky because I don't think we're overvalued compared to a lot of companies kind of out there.
And then secondly... Wait, hold on.
Um, well, I mean, it's by industry, but like in general, startups have been valued very, very highly over the last, you know, five years, let's say.
And the market just lost 30%.
For a software on the company?
I would say probably on.
Yeah.
Um, you know, that's not like Carvana generally.
Well, before all this started, Carvana was being valued at somewhere between two and a half and
three and a half X forward-looking revenue multiple, because obviously our revenue is not the same as SaaS revenue.
And so to me, that was pretty rich, right?