New Relic’s sale tells us much about the value of middling growth today

TechCrunch
By Alex WilhelmJul 31, 2023, 2:03 pm268 pts
Monitoring service New Relic this morning said it has agreed to be acquired by Francisco Partners and TPG for $6.5 billion in cash. Shares of the company, which went public back in 2014, are up around 13.5% on the news. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or…

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