Do industry trends and market demand play a role in valuations at all? #podcast #business

Do industry trends and market demand play a role in valuations at all? There's, there's definitely situations where, like as an example, AI right now is, is, is very interesting in terms of the amount of demand for that type of business, where if you have a healthy business, healthy metrics, you're prepared, you understand the acquisition process. But there are markets that do perform better. Typically, Martech always sells really fast and actually the boring industries sell really fast. There was a business recently that was a CRM for pet groomers, and that business had a ton of interest on it.