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Stack is a privately held programming company that is developing software for functional programming. After a period of strong growth, it has revenues of $25m

Stack is a privately held programming company that is developing software for functional programming. After a period of strong growth, it has revenues of $25m and EBITDA of $2.5m. After some internal discussions they decide to find a VC to provide growth capital and are wondering about what valuation they could reach. Stack has not raised any external debt or equity to date. You are part of the business development team and the founders have asked you to do some initial calculations to help them with negotiations. You look at some firms listed on the NASDAQ and find one which is similar to Stac

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