Target Profile & Assumptions
Live Valuation & Surprise Mechanics
Implied Enterprise Val
$5.28B
Public Comp Model
Implied ARR Multiple
22.0x
EV / Fwd ARR
Valuation Disconnect
-57.8%
Haircut vs Peak
Rule of 40 Score
50.0%
Top Quartile
Peer Multiple vs Growth Scatter
Liquidation Waterfall & Common Dilution
Simulating 1x non-participating preferred liquidation preference. When implied public enterprise value dips below private expectations, preferred capital absorbs the majority of proceeds, leaving common shares compressed.
Senior Preferred: $2.20B (41.7%)
Common & Employees: $3.08B (58.3%)
| Cohort / Public Comp | YoY Growth | Gross Margin | EV/Rev Multiple | Target Percentile |
|---|