The age of the centaur: $100M ARR is the new cloud valuation milestone | TechCrunch
As the public cloud market pulls back, VCs and founders alike must prioritize recurring revenue over sky high valuations that are often as mythical as the unicorns they’re named after.
The age of the centaur: $100M ARR is the new cloud valuation milestone | TechCrunch Image Credits: itsabreeze photography (opens in a new window) / Getty Images The age of the centaur: $100M ARR is the new cloud valuation milestone Mary D'Onofrio Adam Fisher 8:45 AM PDT · May 10, 2022 Today there are over 1,000 private companies valued at $1 billion or more by their investors. In fact, approximately one-and-a-half unicorns are born a day. But that was not always the case, nor, we believe, the intention. When the term unicorn was originally coined 10 years ago, it provided a vaunted distin
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