2022 Business Model cloud efficiency 
SaaStr
JULY 5, 2023
That’s about as good as it gets in SaaS and Cloud! 2022 Saw a Slowdown in Usage Growth, But 2023 Saw a Potential Bounce Back. And here you can see the magic in Mongo’s business model. Still, they waited, and they have one of the highest public multiples in SaaS and Cloud. Let’s dig in: #1.
SaaStr
JULY 24, 2023
While many less efficient public SaaS companies are trading at tough multiples of 3-4x ARR, and the average is about 6x ARR, MongoDB is almost 20x ARR. 1 — 2022 Saw A Slowdown In Usage Growth, But 2023 Saw A Potential Bounce Back. Even with MongoDB’s epic growth, 2022 saw a big slowdown in usage growth. But you know what isn’t?
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