Market movements in the technology sector — particularly in SaaS tech companies — are causing a stir among investors. It’s always a challenge to estimate valuation ranges for publicly traded companies such as LinkedIn, Salesforce and Workday because these calculations require assumptions of growth. Twitter is another beast. Some people get obsessed about enterprise value; others focus on the gross margins or multiples of R&D spendings of these companies in an effort to come up with a reasonable explanation of what’s happening.
