Find XO: Bending Spoons to Acquire Collaboration Tool Miro at Valuation of 13 Billion 5,500 Million Dollars (investors.bendingspoons.com)

- Bending Spoons has agreed to buy Miro for a total of 13 billion 5,500 million dollars in cash. - This is about 2.3 times its annual recurring revenue of roughly 6 billion dollars. - This looks like a crash compared to the 175 billion dollar valuation from 2022 years ago, but the earlier valuation included growth expectations whereas this figure is based on cash-flowing business. - For SaaS founders considering selling, this multiple is a more realistic benchmark.