{"id":114,"date":"2023-06-26T04:42:08","date_gmt":"2023-06-25T20:42:08","guid":{"rendered":"http:\/\/blog.cloud500.net\/?p=114"},"modified":"2023-09-13T17:25:58","modified_gmt":"2023-09-13T09:25:58","slug":"2023-%e5%b9%b4-6-%e6%9c%88%e4%ba%91%e5%b8%82%e5%9c%ba%e6%95%b0%e6%8d%ae%e6%9b%b4%e6%96%b0","status":"publish","type":"post","link":"http:\/\/blog.cloud500.ai\/?p=114","title":{"rendered":"2023 \u5e74 6 \u6708\u4e91\u5e02\u573a\u6570\u636e\u66f4\u65b0"},"content":{"rendered":"\n\n
\n MongoDB \u6295\u8d44\u8005\u65e5\u7684\u8fd9\u5f20\u56fe\u6e05\u6670\u5730\u5c55\u793a\u4e86\u81ea 2022 \u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5f00\u59cb\uff0c\u516c\u53f8\u7684\u6536\u5165\u4e0b\u6ed1\uff0c\u4f46 2023 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u6709\u6240\u56de\u5347\u3002\u6839\u636e\u4ed6\u4eec\u5bf9\u4eca\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u548c\u5269\u4f59\u65f6\u95f4\u7684\u6307\u5357\uff0c\u8fd9\u79cd\u56de\u5347\u8d8b\u52bf\u53ef\u80fd\u4f1a\u6301\u7eed\uff0c\u503c\u5f97\u5bc6\u5207\u5173\u6ce8\u3002<\/span>\n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n \u5b63\u5ea6\u6570\u636e\u8d8b\u52bf<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n \u589e\u957f<\/strong>\u3002<\/strong>\u4e0b\u56fe\u663e\u793a\u4e86\u81ea 2020\u00a0\u5e74\u521d\u4ee5\u6765\u7684\u5e74\u540c\u6bd4\u589e\u957f\u4e2d\u4f4d\u6570\uff0c\u6211\u4eec\u53ef\u4ee5\u89c2\u5bdf\u5230\uff0c\u5728\u8fc7\u53bb\u7684\u4e24\u4e2a\u5b63\u5ea6\uff0c\u589e\u901f\u4e0b\u964d\u5f97\u66f4\u5feb\u4e86\uff08\u9700\u8981\u6ce8\u610f\u7684\u662f\uff0c\u76ee\u524d\u5173\u6ce8\u7684\u8fd9\u6279\u516c\u53f8\u4e2d\u5e76\u4e0d\u5305\u542b\u65b0\u589e\u9ad8\u589e\u957f\u516c\u53f8\uff09\u3002<\/span>\n<\/section>
\n \n<\/section>
\n \n \u51c0\u7559\u5b58\u7387\u3002<\/strong>\n \u672c\u5b63\u5ea6\u7684\u51c0\u7559\u5b58\u7387\u4e5f\u5f00\u59cb\u4e0b\u964d\uff0c\u901a\u8fc7\u7efc\u5408\u8bc4\u8bba\u548c\u89c2\u5bdf\u53ef\u4ee5\u53d1\u73b0\uff0c\u516c\u53f8\u6574\u4f53\u7684\u5ba2\u6237\u6d41\u5931\u7387\u5e76\u6ca1\u6709\u663e\u8457\u4e0b\u964d\uff0c\u4f46\u6536\u5165\u6269\u5f20\u51fa\u73b0\u4e86\u660e\u663e\u4e0b\u6ed1\u3002<\/span>\n <\/span>\n<\/section>
\n \n<\/section>
\n \u9500\u552e\u6548\u7387\uff08\u7ecf\u6bdb\u5229\u7387\u8c03\u6574\u540e\u7684\u83b7\u5ba2\u6210\u672c\u56de\u6536\u5468\u671f<\/span>\uff09<\/strong>\u30022023 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u51fa\u73b0\u4e86\u663e\u8457\u589e\u957f\uff0c\u8fd9\u8868\u660e\u867d\u7136\u65b0\u5ba2\u6237\u7684\u9884\u8ba2\u8d8a\u6765\u8d8a\u96be\u4ee5\u83b7\u53d6\uff0c\u4f46\u4f01\u4e1a\u5e76\u6ca1\u6709\u5728\u4e1a\u52a1\u9047\u5230\u56f0\u96be\u65f6\u5927\u5e45\u524a\u51cf\u9500\u552e\u4eba\u5458\u3002<\/span>\n<\/section>
\n \n<\/section>
\n \u81ea\u7531\u73b0\u91d1\u6d41\u3002<\/strong>\u5728\u8fc7\u53bb\u51e0\u4e2a\u5b63\u5ea6\uff0c\u81ea\u7531\u73b0\u91d1\u6d41\u4e2d\u4f4d\u6570\u6570\u5448\u7a33\u6b65\u589e\u957f\u8d8b\u52bf\u3002<\/span>\n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n EV\/NTM \u6536\u5165\u500d\u6570\u524d 10 \u540d<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n \u6bcf\u5468\u80a1\u4ef7\u8d70\u52bf\u524d 10 \u540d<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n \u4f30\u503c\u500d\u6570<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n SaaS \u4f01\u4e1a\u901a\u7528\u7684\u4f30\u503c\u4f53\u7cfb\u662f\u5176\u8425\u6536\u7684\u500d\u6570 \u2014\u2014 \u7f8e\u80a1\u7528\u5176\u672a\u6765 12 \u4e2a\u6708\u7684\u9884\u6d4b\u6536\u5165\u3002\u6536\u5165\u500d\u6570\u662f\u4e00\u79cd\u7b80\u5316\u7684\u4f30\u503c\u6846\u67b6\u3002\u7531\u4e8e\u5927\u591a\u6570\u8f6f\u4ef6\u516c\u53f8\u90fd\u6ca1\u6709\u5b9e\u73b0\u76c8\u5229\uff0c\u6216\u8005\u4ea7\u751f\u6b63\u5411\u81ea\u7531\u73b0\u91d1\u6d41\uff0c\u8fd9\u662f\u552f\u4e00\u53ef\u4ee5\u8861\u91cf\u6574\u4e2a\u884c\u4e1a\u7684\u6307\u6807\uff0c\u5373\u4f7f\u662f DCF \u4e5f\u662f\u957f\u671f\u5047\u8bbe\u3002SaaS \u4f01\u4e1a\u7684\u7279\u70b9\u662f\uff0c\u65e9\u671f\u7684\u589e\u957f\u4f1a\u5e26\u6765\u4e4b\u540e\u5e74\u4efd\u7684\u5229\u6da6\u3002\u4ee5\u4e0b\u7684\u4f30\u503c\u500d\u6570\u662f\u57fa\u4e8e\u4f01\u4e1a\u4ef7\u503c\uff08\u5e02\u503c\u00a0+\u00a0\u503a\u52a1\u00a0–\u00a0\u73b0\u91d1\uff09\/ NTM \u6536\u5165\u8ba1\u7b97\u3002<\/span>\n<\/section>
\n \u6982\u89c8\uff1a<\/span>\n<\/section>
\n \n<\/section>
\n \n<\/section>
\n \u6309\u589e\u957f\u60c5\u51b5\u5206\u7c7b\uff1a\u589e\u957f\u7387\u5927\u4e8e 30%\u00a0\u7684\u4f01\u4e1a\u5f52\u4e3a\u9ad8\u589e\u957f\u4f01\u4e1a\uff1b15-30%\u00a0\u7684\u4f01\u4e1a\u5f52\u4e3a\u4e2d\u589e\u957f\u4f01\u4e1a\uff1b\u5c0f\u4e8e 15%\u00a0\u7684\u4f01\u4e1a\u5f52\u4e3a\u4f4e\u589e\u957f\u4f01\u4e1a\uff1a<\/span>\n<\/section>
\n \n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n EV \/ NTM Rev \/ NTM Growth<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n \u4e0b\u56fe\u663e\u793a\u7684\u662f EV\/NTM \u7684\u4e00\u81f4\u9884\u671f\u7ed3\u679c\uff0c\u8be5\u56fe\u7684\u76ee\u7684\u662f\u663e\u793a\u6bcf\u53ea\u80a1\u7968\u76f8\u5bf9\u4e8e\u5176\u589e\u957f\u9884\u671f\u7684\u76f8\u5bf9\u4fbf\u5b9c\uff08\u6216\u8d35\uff09\u7a0b\u5ea6\u3002<\/span>\n<\/section>
\n \n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n EV \/ NTM FCF<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n \u672a\u6765 12 \u4e2a\u6708\u81ea\u7531\u73b0\u91d1\u6d41\u4e3a\u8d1f\u7684\u516c\u53f8\u6ca1\u6709\u5728\u4e0b\u56fe\u4e2d\u663e\u793a\u3002<\/span>\n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n EV\/NTM \u6536\u5165\u500d\u6570 vs NTM \u6536\u5165\u589e\u957f<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n \u589e\u957f\u4e0e\u4f30\u503c\u500d\u6570\u7684\u76f8\u5173\u6027\u5982\u4f55\uff1f<\/span>\n<\/section>
\n \n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n \u8fd0\u8425\u6570\u636e<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n
\n
\n
\n \n <\/section>\n
\n
\n

\n \u7efc\u5408\u6392\u5e8f<\/span>\n <\/p>\n <\/section>\n <\/section>\n

\n \n <\/section>\n <\/section>\n <\/section>\n<\/section>
\n 40\u00a0\u6cd5\u5219\u7684\u8ba1\u7b97\u516c\u5f0f\u4e3a LTM \u589e\u957f\u7387\u00a0+ LTM FCF \u5229\u6da6\u7387\uff0cFCF \u7684\u8ba1\u7b97\u65b9\u5f0f\u4e3a\u7ecf\u8425\u73b0\u91d1\u6d41\u00a0–\u00a0\u8d44\u672c\u652f\u51fa\u3002<\/span>\n<\/section>
\n \u7ecf\u8c03\u6574\u540e\u7684\u56de\u62a5\u5468\u671f\u8ba1\u7b97\u65b9\u5f0f\u4e3a\uff1a\uff08\u4e0a\u5b63\u5ea6 S&M\uff09\/\uff08\u5f53\u5b63\u5ea6\u51c0\u65b0 ARR *\u00a0\u6bdb\u5229\u7387\uff09*12\u3002\u5b83\u663e\u793a\u4e86\u4e00\u5bb6 SaaS \u4f01\u4e1a\u4ee5\u6bdb\u5229\u4e3a\u57fa\u7840\u6536\u56de\u5176\u5168\u90e8\u83b7\u5ba2\u6210\u672c\u6240\u9700\u7684\u6708\u6570\u3002\u00a0\u5927\u591a\u6570\u4e0a\u5e02\u516c\u53f8\u4e0d\u4f1a\u62ab\u9732\u51c0\u65b0\u589e ARR\uff0c\u56e0\u6b64\u91c7\u7528\u9690\u542b ARR \u6307\u6807\uff08\u5b63\u5ea6\u8ba2\u9605\u6536\u5165\u00a0* 4\uff09\u3002\u51c0\u65b0\u589e ARR \u7b49\u4e8e\u672c\u5b63\u5ea6 ARR \u51cf\u53bb\u4e0a\u4e00\u5b63\u5ea6 ARR\uff08\u6ca1\u6709\u62ab\u9732\u8ba2\u9605\u6536\u5165\u7684\u516c\u53f8\u88ab\u6392\u9664\u5728\u5206\u6790\u4e4b\u5916\uff0c\u5e76\u6807\u8bb0\u4e3a NA\uff09\u3002<\/span>\n<\/section>
\n \n<\/section>
\n \n<\/section>
\n \n \n *\u4ee5\u4e0a\u6587\u7ae0\u7ffb\u8bd1\u81ea\u300aClouded Judgement 6.23.23\u300b\uff0c\u5982\u9700\u539f\u6587\uff0c\u8bf7\u4e0e\u6211\u4eec\u8054\u7cfb\u3002<\/span>\n <\/em>\n <\/span>\n<\/section>
\n WF Research \u662f\u4ee5\u7b2c\u4e00\u6027\u539f\u7406\u4e3a\u57fa\u7840\u7684\u4e13\u4e1a\u987e\u95ee\u670d\u52a1\u673a\u6784\uff0c\u6b22\u8fce\u5173\u6ce8\u548c\u7559\u8a00\uff01<\/span>\n<\/section>
\n \u5fae\u4fe1\u53f7\uff1aAlexqjl<\/span>\n<\/section>\n\n","protected":false},"excerpt":{"rendered":"

MongoDB \u6295\u8d44\u8005\u65e5\u7684\u8fd9\u5f20\u56fe\u6e05\u6670\u5730\u5c55\u793a\u4e86\u81ea 2022 \u5e74\u7b2c\u4e8c\u5b63\u5ea6\u5f00\u59cb\uff0c\u516c\u53f8\u7684\u6536\u5165\u4e0b\u6ed1\uff0c\u4f46 2023 \u5e74\u7b2c\u4e00 […]<\/p>\n","protected":false},"author":1,"featured_media":502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts\/114"}],"collection":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114"}],"version-history":[{"count":1,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts\/114\/revisions"}],"predecessor-version":[{"id":276,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts\/114\/revisions\/276"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/media\/502"}],"wp:attachment":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}