4 ms·
Can you point to the source? With net revenues of >100M it looks like they could have just IPO. 6X revenues seems low.
by danielpal 12y ago
Can you point to the source? With net revenues of >100M it looks like they could have just IPO. 6X revenues seems low.
- nihaar 12y agoAgreed seems a bit low. Here's the TC article http://techcrunch.com/2014/11/11/confirmed-yahoo-acquires-brightroll/ http://techcrunch.com/2014/11/11/confirmed-yahoo-acquires-br...
- princetontiger 12y agomost of the public video ad companies have fallen substantially
- bwagy 12y agoYeah you're right, Tremor video is trading about dollar for dollar, revenue to market cap at the moment.
- kuida0r3 12y agoPer Yahoo's Investor Relations Press Release (https://investor.yahoo.net/releasedetail.cfm?ReleaseID=882270 https://investor.yahoo.net/releasedetail.cfm?ReleaseID=88227...), "Yahoo is acquiring BrightRoll for approximately $640 million in cash. The transaction is subject to customary closing conditions."
- jasonwilk 12y agoThis is a far better deal for BrightRoll than going public. Tremor and YuMe, arguably similar businesses, are basically trading for the cash they have on hand. Todd (BrightRoll CEO), had told me he thought ad networks were not meant to be public companies. He certainly followed that mentality through to a nice exit. I'd take $640M outright exit any day versus going public at a slightly higher comp.
- deleted 12y ago[deleted]