Pexip, GDPR and the Economics of European Software Companies
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Pexip, a small Norwegian SaaS company, recently completed a successful IPO. They’re now worth around $900m USD, or a healthy 19x annual recurring revenue and 116x EBITDA. This is not too far out of line for a company that’s growing 30%+ organically, and operates in a hot space: Pexip is a video conferencing play. Pexip is described in the press as …
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