3 ms·

20x gross revenue? Wow! What was the name of that business and what year was that?

• jacquesm 11y ago
  None of your business :) But it's very well possible to make deals like these, it just matters that the buyer has a different idea of the value of the business for them than you do. Which answers your earlier question in a way, but the 'why' is actually probably a lot more complicated than that and I can't really speak for the buyers, the only thing I know for sure is that they had a totally different idea of where they were taking this than I did. They probably thought it was cheap. Beauty is in the eye of the beholder...
  • dennisgorelik 11y ago
    Actually, I just compared your deal with Twitter: 12 months revenue ending 2013-12-31: $664.89M Twitter IPO Valuation: $24 Billion (Nov. 07, 2013) Price/Gross revenue ratio = $24B / $664.89M ~= 43x That makes your 20x sale look like an underperformer.
    • jacquesm 11y ago
      Yes, there are many other deals that are better. You forgot to ask the key question though :) But I'll let it rest, none of this is for public consumption and I shouldn't have written the first comment.
      • dennisgorelik 11y ago
        What is "the key question"?
        • kirubakaran 11y ago
          Purchase price, most likely.