What criteria should a B2B Saas startup meet to sell (be acquired) for 5-10x ARR? i will not promote

I'm exploring the factors that influence a startup's valuation, specifically aiming for a sale at 10x Annual Recurring Revenue (ARR). I'm curious about the key criteria that potential acquirers or investors look for when valuing a startup at this multiple. 1. Are there specific industries where a 10x ARR multiple is more common? For example, SaaS, fintech, or e-commerce? 2. What kind of growth rates (monthly or annually) are typically required to justify a 10x ARR valuation? 3. Is profitability a must, or can high-growth, pre-profit startups also command such multiples? 4. How important is the quality and diversity of the customer base? Does having large enterprise clients vs. SMBs make a difference? 5. Does being a market leader or having a unique value proposition significantly impact the valuation? 6. What are acceptable churn rates for a startup aiming for a 10x ARR multiple? 7. How critical is the predictability and scalability of revenue streams? 8. How much weight do acquirers place on the founding team's experience and track record? 9. How does the presence of competitors and market saturation affect the valuation? 10. Are there specific exit strategies that align better with achieving a 10x ARR multiple?