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E120: Wiz $12b valuation is a buy; Wayve $1b raise but not data play; Revolut $2b in 2023 revenue, $350m in net income

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Manage episode 418227224 series 3413695
Content provided by AG Dillon & Co and AG Dillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AG Dillon & Co and AG Dillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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REVOLUT
- https://www.revolut.com/en-US/
- online banking
- 40 million customers, adding 1 million new customers a month
- Available in 150 countries, #1 finance downloaded app in 17 countries
- $2bn of revenue and $350m net income in 2023
- $21b secondary market valuation, -36% from last round ($33b) in Jul 2021
- 10.5x revenue multiple ... low for a profitable company adding 1m new customers a month?
WIZ
- https://www.wiz.io/
- NYC cloud security firm
- $12b post-money after $1b cap raise
- a16z, Lightspeed, Thrive invested
- $350m in 2023 annual recurring revenue
- 34x revenue multiple (HIGH!)
WAYVE
- https://wayve.ai/
- UK AI-autonomous driving technology company, licenses AI-tech to car manufactures
- raised $1b round, valuation not disclosed
- Softbank, D1, Nvidia, Microsoft investors
- Last published valuation was $1.35b in Jan 2022 Series B
- current raise was $1b so I have to assume the current valuation is $4b+ post-money

  continue reading

158 episodes

Artwork
iconShare
 
Manage episode 418227224 series 3413695
Content provided by AG Dillon & Co and AG Dillon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AG Dillon & Co and AG Dillon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a text

REVOLUT
- https://www.revolut.com/en-US/
- online banking
- 40 million customers, adding 1 million new customers a month
- Available in 150 countries, #1 finance downloaded app in 17 countries
- $2bn of revenue and $350m net income in 2023
- $21b secondary market valuation, -36% from last round ($33b) in Jul 2021
- 10.5x revenue multiple ... low for a profitable company adding 1m new customers a month?
WIZ
- https://www.wiz.io/
- NYC cloud security firm
- $12b post-money after $1b cap raise
- a16z, Lightspeed, Thrive invested
- $350m in 2023 annual recurring revenue
- 34x revenue multiple (HIGH!)
WAYVE
- https://wayve.ai/
- UK AI-autonomous driving technology company, licenses AI-tech to car manufactures
- raised $1b round, valuation not disclosed
- Softbank, D1, Nvidia, Microsoft investors
- Last published valuation was $1.35b in Jan 2022 Series B
- current raise was $1b so I have to assume the current valuation is $4b+ post-money

  continue reading

158 episodes

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