Clay's Scary-High Valuation
Should Clay have taken this last round of funding and raised the stakes even higher?
3 - 4 PM Eastern
12 - 1 PM Pacific
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as fast as possible...
as profitably as possible.
Last week Clay raised $40m at $1.25b (with just $30m ARR!).
The bootstrapper in me is so dumbfounded by this move that I’m bringing Co-Founder Varun Anand on our live show Tues to grill him on it. Here’s what I’m going to ask:
1/ Why would you raise this when you didn’t spend the last $60m? (and don’t need it)
2/ Why would you take your valuation even HIGHER (raising the bar for outcome even higher)
3/ Are you concerned about what Max Altschuler posted on LI today?
Max’s Post:
“Clay $30m ARR 1.3bn valuation
Apollo $130m ARR 2.5bn valuation
Zoominfo $1.2bn ARR 3.6bn valuation (Market Cap)
Some big bets out there!”
This is just the start of the questions I have for Varun.
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