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Seems like they have ~500 employees, so the price is over $10M/employee. Obviously a good time to sell a security company right now.
by qzw 5y ago
Seems like they have ~500 employees, so the price is over $10M/employee. Obviously a good time to sell a security company right now.
- moneywoes 5y agoWouldn’t the better comparison be based on revenue?
- ocdtrekkie 5y agoGoogle doesn't buy revenue, they buy employees.
- ISL 5y agoand in this case, an organization.
- bobberkarl 5y agowhat makes you ssay that?
- ocdtrekkie 5y agoGoogle is well known for the acquihire. They aren't Berkshire Hathaway, they aren't just assembling a portfolio of companies. They have their own product plans, and generally buy out other companies as a way to get pre-built teams with the right specialties to accomplish that. Also, it's very unlikely Google wants to be in the incident response consulting space: Google entirely hates any line of business that can't be automated into a smooth profit paste. Flying security professionals out to clients isn't in their DNA.
- htrp 5y agoits also 10mn per employee for a services company (afaik their saas revenue streams are secondary)
- tonyedgecombe 5y agoIt’s an interesting concept buying a services business like that. Nearly all the value is in the staff who are all free to walk if they feel inclined.
- djrogers 5y ago> Nearly all the value is in the staff who are all free to walk if they feel inclined. That hasn't been my experience with security services companies. Sure, people matter, but the processes, technology, and leadership can keep a good one on track regardless of who leaves.