4 ms·

Is that 600m revenue or profit?

• swyx 7y ago
  yea dividing by revenue to calculate breakeven is just... not even worthy of the HN School of Business
  • motohagiography 7y ago
    Multiples of revenue is a common valuation number that can imply the length of time an investor will expect they will be able to profit from it. At 66m/y in profit, that's under %2 annual return on their $4bn investment. To strip and flip the company on a 6-7 year timeframe would make sense. They'll probably need a technical CTO advising them on what's essential and what's not. However, take us to school. The opportunity to add value is clear.