-65%

est. 2Y upside i

Series B

Rank

#3444

Sector

Web Development

Est. Liquidity

~0Y

Data Quality

Data: Low

Gatsby was acquired by Netlify in 2023 and is now in maintenance mode.

Last updated: July 3, 2026

Bull (10%)-40%

Acquisition by Netlify at a higher valuation than typical acqui-hire, possibly in the $130M-$150M range; common stock recovers partially due to lower preference overhang relative to exit.

Base (30%)-65%

Acquisition at around $80M-$100M, typical for a struggling startup; preference stack consumes most of proceeds, common stock recovers 15-20% of entry value.

Bear (60%)-100%

Acquisition at or below total funding of $46.8M, leaving common stock worthless; preference liquidation preference fully absorbs exit value.

Est. time to liquidity~0.0 years

Preference Stack Risk

high

Funding Intensity

0%

Total funding of $46.8M represents 21.5% of the last round valuation, creating a substantial preference overhang that wipes out common in most exit scenarios.

Dilution Risk

low

No further rounds expected as company is acquired; dilution risk is minimal going forward.

Secondary Liquidity

none

No secondary market activity; acquisition was the only liquidity event.

Other 4 roles

View all 4 open roles at Gatsby

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Gatsby's data — designed to show you've done your homework.

  • 1

    How does Netlify plan to integrate Gatsby's technology and customer base into its platform?

  • 2

    What is the current growth trajectory of Gatsby Cloud revenue post-acquisition?

  • 3

    Can you provide details on the equity structure — will it be Netlify RSUs or Gatsby options?

Community

Valuation Sentiment

Our model estimates -65% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.