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Doesn't it feel like a pretty low-ball deal for Zappos? Only $40M in cash and only $850M overall. I get that they're a lower margin business, but still... I'm S
by enjo 17y ago
Doesn't it feel like a pretty low-ball deal for Zappos? Only $40M in cash and only $850M overall. I get that they're a lower margin business, but still... I'm SHOCKED that they didn't get more out of it.
- yan 17y agoWell, what would you assume is fair and why?
- tybris 17y agoYou realise this is nearly a 1 billion dollar deal for a fledgling clothing shop, right?
- ryanwaggoner 17y agoThey're ten years old and doing over a billion in gross sales annually. Hardly fledgling.
- antidaily 17y agoIf they're netting 15% (a number often used for retail) of the billion a year they take in, that's a $150,000,000. So... it's not that low.