3 ms·
Their revenue is 3B, and 20x is pretty typical. We’re in the new era where startups boast about and bought based on revenue and not on just a number of users w
by trhway 4mo ago
Their revenue is 3B, and 20x is pretty typical.
We’re in the new era where startups boast about and bought based on revenue and not on just a number of users with unclear path to monetizing as it had been for the previous couple decades.
We can also note that we see Thrive Capital (Kushner) again in a win.