Are there any good reading materials on Tech M&A and valuation, especially in cases where both buyer and target is EBITDA negative and/or differ in size dramatically - so more economies of scope based acquisitions. DCFs would be less relevant here esp. if EBITDA negative persists for a bit. Would primary methodology be comps then in this case - and acc/dil would also not be relevant here
| +241 | UBS Layoffs (October 2026) | 71 | 4m |
| +110 | Do people still want to go PE? | 34 | 10h |
| +71 | UBS Tech layoff | 22 | 1m |
| +62 | Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion | 15 | 21h |
| +46 | Think I'm fucking up my analyst years | 16 | 4d |
| +36 | What Differentiates the Best Analysts as AI Improves? | 9 | 20h |
| +33 | Lazard hirevue | 11 | 22h |
| +26 | Ambitious CC Student trying to break into IB | 14 | 6d |
| +22 | Cornell Club T10 Rankings (UPDATED 10/2026) | 15 | 3h |
| +22 | Quitting After First 4 months | 10 | 7h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Not a tech expert by any means but will take a stab.
Most growth companies would be valued on revenue as capital is allocated to growth drivers like sales & marketing, R&D and such. So comps/precedents on revenue multiples are the way to go.
Just slap a sales or GP multiple on it and call it a day. If you want to go more in depth do rule of 40 with gross margin + rev CAGR instead of EBITDA margin + rev CAGR.Source: tech banker
Numquam distinctio asperiores id exercitationem esse quo incidunt nostrum. Quia quidem aut dignissimos qui aut et. Minus voluptas tenetur reprehenderit rerum non qui harum.
Ipsum nesciunt voluptatibus et est ut vero. Non aliquid architecto aut et. Labore et perferendis occaecati deserunt quas ab aliquid.
Ipsum rerum reprehenderit excepturi consectetur voluptas quisquam sint. Quas tenetur exercitationem eum et mollitia aliquid labore. Iusto rem repellendus unde ducimus qui voluptatem atque. Qui delectus corporis et labore. Beatae maxime cum veritatis totam ipsam. Numquam ab cum hic voluptatem. Doloribus soluta in aut illum numquam provident.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...