3 ms·
625K subscribers @ $10 per month = $80m run rate. $365m exit = 4.5x revenue compared to 12x for Shopify and 8x for Wix. Quite a discount. Late stage investors
by mrnobody_67 9y ago
625K subscribers @ $10 per month = $80m run rate.
$365m exit = 4.5x revenue
compared to 12x for Shopify and 8x for Wix. Quite a discount.
Late stage investors from 2014 who put in money at $455m valuation just getting their cash back. 0 return for 4 years of capital being tied up (vs. 80%+ for even an SP500 Index fund)