I have heard of the new math, but based on the company’s 2015 financial performance, I must admit that I cannot understand Coupa’s $1 billion valuation. Am I missing something? Of course it doesn’t look like I am entirely alone on this one. In his recent Business Insider article, Eugene Kim couldn’t seem to fully explain the […]
Procurement Insights
$46 million loss on $83.6 million in revenue = $1 billion valuation?
September 13, 2016
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I have heard of the new math, but based on the company’s 2015 financial performance, I must admit that I cannot understand Coupa’s $1 billion valuation. Am I missing something? Of course it doesn’t look like I am entirely alone on this one. In his recent Business Insider article, Eugene Kim couldn’t seem to fully explain the […]