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I 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
by NiekvdMaas 16y ago
I 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-...