4 ms·
Given the timing, network effects, potential, address book data and $0 CAC, they were stealings and I can’t believe Honey sold for $4B. Sounds off by x5+
by eaenki 7y ago
Given the timing, network effects, potential, address book data and $0 CAC, they were stealings and I can’t believe Honey sold for $4B. Sounds off by x5+
- josephjrobison 7y agoYou’re saying Honey is worth $20B?
- namibj 7y agoPretty sure parent means the other direction.
- jacurtis 7y agoHe is saying it is 5x too high. So the valuation should be 1/5th (20%). So he is suggesting a valuation of $800,000,000 ($800M). Which in my opionion is about right. That puts the value per user right at $47 per user. Again, which given PayPal's previous acquisitions, looks accurate.