Medium news, startups: If you start generating cash, you can sell for 4x ARR

The 2024 IPO season is on the horizon, but until those S-1 filings drop, we at least have private equity M&A to keep us busy. This week, Everbridge said it had agreed to be taken private by Thoma Bravo for $1.5 billion in an all-cash transaction — a roughly 50% premium on its market cap […]

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