In response,
Hm, I question what's this about because viewing Smartsheet by company formation is not a startup. In fact, Smartsheet (company) is about five years old. This must have been a press release, but considering the source may preclude a change in partners which put out the valuation PR. Beware of valuation because taken at face-value every company is over-valued. For example, Apple Corporation valued at $800Bln is more truly valued no greater than $1Bln. Valuations over $3Bln no longer seek public domain, rather it became a U.S. Federal Reserve holdings company.
Thank you,