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Does anyone know what the market cap is? I don't see it.
by etaioinshrdlu 5y ago
Does anyone know what the market cap is? I don't see it.
- LimaBearz 5y agoI just back buttoned my way back to this thread after looking for that exact same thing. The price still seems a bit high, can’t take a more educated guess without the cap though.. I couldn’t find it. Honestly though I’m surprised they’re even still alive, much less making it to IPO. Edit sources say around 8b, up from 6 in January. It’s too rich imo for the business model they’re trying and their brand name
- Animats 5y agoIAC had around 89 million shares outstanding. IAC shareholders received 1.6235 Vimeo shares for each IAC share in the spinoff. So there are about 144 million shares of VMEO. So, VMEO's market cap is around US$6.5 billion.
- samspenc 5y agoI think the other comments have notes about the market cap, but wanted to add another detail I found. Vimeo's annual revenue is $200 million [1] or so. It's not profitable yet. Meanwhile, Youtube brings in $20 billion a year [2] for Google. I didn't realize how big the disparity was, but Youtube is 100x (!) the size of Vimeo at least in terms of revenue. [1] https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud.html https://www.nytimes.com/2020/04/17/business/vimeo-anjali-sud... [2] https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-netflix-in-revenue.html https://www.cnbc.com/2021/04/27/youtube-could-soon-equal-net...