This type of multiples is only possible when rates are low. Likely their last in... | Hacker News

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shabbatt on Sept 15, 2022 | parent | context | favorite | on: Adobe to acquire Figma for $20B

This type of multiples is only possible when rates are low. Likely their last infusion of capital made their valuations possible but I reckon it is reduced as rates are ticking up fast.

zhte415 on Sept 16, 2022 [–]

Would valuations not be discounted on interest rate futures, not overnight? Or am I missing a piece?

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