(2024-10-30) Miro Laying Off Again

Miro is laying off 275. After laying off 119 last year.

That means they have ~1500 employees!?!?

They raised $400M series-C in 2022, valuing them at $17.5B: 58x (2021) revenue. In the public markets, collaboration companies like Zoom, Asana, and Monday.com have seen their revenue multiples collapse from a high of 119x, 89x, and 84x, respectively, to current levels of 3.3x, 5.2x, and 8.5x as of September 2023. (2021-09-16) Big Software Companies Losing Money