4 ms·
Ackppttthtt, my fail. Still not a lot of $35 million exits, but significantly more of those than $350 million. The point still holds though--not sure there ar
by firebones 15y ago
Ackppttthtt, my fail. Still not a lot of $35 million exits, but significantly more of those than $350 million. The point still holds though--not sure there are 200 of those $35 million exits either. (Isn't that still almost twice the size of a CDBaby exit?)
- neworbit 15y agoYeah but come on, CD Baby is a warehousing and fulfillment company with a niche market that basically gets paid by starry-eyed musicians to let CDs gather dust and paid again to encode their music and send it to iTunes. Some small fraction of the bands actually sold enough to restock inventory. That's not a recipe for high margin success.