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These kind of acquisitions always astonish me. How does a web company that essentially sells toys get the money to purchase a company that sells professional de
by jonathanstrange 3y ago
These kind of acquisitions always astonish me. How does a web company that essentially sells toys get the money to purchase a company that sells professional desktop products?
- luismedel 3y agoTrue. Maybe a proof of the power of subscription based models?
- rchaud 3y agoIt's 'valued' at $40bn, so if you can figure out the particulars of their VC rain dance, I imagine there's plenty of capital available for acquisitions.
- goralph 3y agoThey’re at a 13x multiple which is fairly conservative for a SaaS with their growth rates, and have been profitable since 2017. Disclaimer: I used to work there.