- Similarweb is a company that anyone who works in VC should be acquainted with, often as a user.
- The tool is a digital marketing tool that gives you analytics on the performance of global websites in terms of traffic and what channels they market themselves and sell through.
- It is an essential resource for assessing any ecommerce business, and with the Shopify and drop-shipping revolution plus hot VC markets, it benefits from substantial trends at its back.
- While it's come to the market at over $1 billion in market cap, it's such a prolific site that we feel it could easily earn a higher multiple on sustained growth expectations.
- We feel that in languishing post-IPO, Similarweb could be worth watching closely.
For further details see:
Similarweb Is Useful, Earns Subscriptions, And Its Stock Is Relatively Cheap