Boring_Business@BoringBiz_SpaceX IPO valuation implies a 93x revenue multiple and you don’t even have a P/E ratio because the company has negative earningsOpens with a number
Boring_Business@BoringBiz_Investment committee: “so explain why we should pay 15x for this business?” Private equity associate: “one of the things that makes this business so valuable is how valuable it is”Opens with a number
Boring_Business@BoringBiz_When Bill Gates was 23, he had bootstrapped Microsoft with zero VC funding, and was generating $7M of ARR in 2026 dollars Meanwhile, his daughter is lying about KPIs after raising a $35M Series A from a list of investors that looked like a Coachella billboard Incredible stuffOpens with a number
Boring_Business@BoringBiz_Apollo reportedly cut their software exposure by almost half during 2025 after starting the year with 20% concentration in the sector AI fears are increasingly driving private investments away from traditional softwareOpens with an observation
Boring_Business@BoringBiz_Robot vacuum maker iRobot just filed for Chapter 11, and will hand over the company to Shenzhen PICEA and Santrum Hong Kong Our regulators allowed this to happen. They blocked Amazon's acquisition and handed the company over to ChinaOpens with a number