5 ms·
This guy is an absolute moron. TechCrunch is going to sell for LESS THAN 1x REVENUES??? Based on this idiot's shitty wannabe banker comp model?
by stevedc3 16y ago
This guy is an absolute moron. TechCrunch is going to sell for LESS THAN 1x REVENUES??? Based on this idiot's shitty wannabe banker comp model?
- NiekvdMaas 16y agoI agree with you: it's completely nonsense to sell a company for anything less than 5x annual revenue. However, I'm not so sure about the TC annual revenues you refer to (>7.5MM/year). The only source I could find is a Wired article back from 2007 (http://www.wired.com/techbiz/people/magazine/15-07/ff_arrington http://www.wired.com/techbiz/people/magazine/15-07/ff_arring...), where Arrington says revenues are about 200k/month = 2.4MM/year.
- staunch 16y agoArrington supposedly said it's around $10 million revenue. http://www.businessinsider.com/aol-techcrunch-price-25-million-2010-9 http://www.businessinsider.com/aol-techcrunch-price-25-milli... http://www.inc.com/magazine/20101001/the-way-i-work-michael-arrington-techcrunch.html http://www.inc.com/magazine/20101001/the-way-i-work-michael-...