### Comment:
Qualtrics was bought for $8bn by SAP. Its the exact same business and they paid roughly 15x forward sales. Yes its growing faster but still gives you a reference point on premium paid for takeovers.

### REPLY:
I remember that and hoping that would help with the valuation. Must've been something else in that deal because here we are a year later and SVMK is a quarter the value.  It's a fairly volatile stock and I like options on it but didn't think there was much of a market.

### END.