PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
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Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#2Using a very naive calculation of valuation = 5x yearly income, is PagerDuty really pulling in $260,000,000/year? My company is currently paying them about $90/month. or $1,080/year. We are most likely one of the smallest clients they have, but that is still quite a leap.
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#3plz stop.. PD should be a cash cow, stop 'innovating' and 'growing', just deliver what it says on the tin. Over the past few years I've been using PD it is becoming worse and worse, it seems to me because they have to keep their developers busy.
They could of course just make the core product better, but thats not cool enough i guess.
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#4Amazing how a relatively niche product like this can have such a huge valuation. Shows how big the market is.
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#5plz stop.. PD should be a cash cow, stop 'innovating' and 'growing', just deliver what it says on the tin. Over the past few years I've been using PD it is becoming worse and worse, it seems to me because they have to keep their developers busy. They could of course just make the core product better, but thats not cool enough i guess.
This is the main problem with the SAAS model. Trying to increase value is antithetical to the Unix Philosophy.
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#6Using a very naive calculation of valuation = 5x yearly income, is PagerDuty really pulling in $260,000,000/year? My company is currently paying them about $90/month. or $1,080/year. We are most likely one of the smallest clients they have, but that is still quite a leap.
"The company says it passed $100 million in annual recurring revenue in recent months"
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#7plz stop.. PD should be a cash cow, stop 'innovating' and 'growing', just deliver what it says on the tin. Over the past few years I've been using PD it is becoming worse and worse, it seems to me because they have to keep their developers busy. They could of course just make the core product better, but thats not cool enough i guess.
This is the main problem with the SAAS model. Trying to increase value is antithetical to the Unix Philosophy.
Who said anything about Unix? Or capital-P Philosophy?
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#8Amazing how a relatively niche product like this can have such a huge valuation. Shows how big the market is.
> Amazing how a relatively niche product like this can have such a huge valuation. Shows how big the market is.
Is PagerDuty exactly "niche"? The core product - providing a third-party system that handles the mechanics of paging people during a production issue - is something that virtually all software companies could use, in theory.
It's hard to think of a SaaS company that's less niche than Pagerduty (again, focusing on the market size of the core product, not the actual market penetration or the current state of the product).
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#9Using a very naive calculation of valuation = 5x yearly income, is PagerDuty really pulling in $260,000,000/year? My company is currently paying them about $90/month. or $1,080/year. We are most likely one of the smallest clients they have, but that is still quite a leap.
"The company says it passed $100 million in annual recurring revenue in recent months"
Assume 100MM/yr - if they have ~20K paying customers with an avg of $500/month per customer, that number is easily achievable.
They will have a long-tail of free, and small clients - then a few whales and it seems completely doable...
Pagerduty is a great service.
Re: PagerDuty (YC S10) Raises $90M at a $1.3B Valuation
#10Amazing how a relatively niche product like this can have such a huge valuation. Shows how big the market is.
> Amazing how a relatively niche product like this can have such a huge valuation. Shows how big the market is. Is PagerDuty exactly "niche"? The core product - providing a third-party system that handles the mechanics of paging people during a production issue - is something that virtually all software companies could use, in theory. It's hard to think of a SaaS company that's less niche than Pagerduty (again, focus…
The service may seem niche, but the NEED for the service is universal.
I love pagerduty. (the company, being point, on-call... a bit less)