I want to assess competitors in the space. Many of them are private, so I’m not exactly sure how to get any information on them.
One idea I thought of was, if I can take the fun raised amount and divided by what I believe the multiple range could be then assuming that perhaps a company raised out of 20 X multiple I could somewhat estimate what their revenue looks like for competitive analysis.
I’m kind of just making this up myself, so I’m wondering if anyone else has gone through this or has a framework out there to assess competitors . it be helpful for me to understand as part of my research.
Also if it helps, I was thinking of using tools, such a Crunchbase or pitch book.
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