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Does $100M/year in revenue and $-25M/year in profits really make a company worth $1B these days?
by cperciva 12y ago
Does $100M/year in revenue and $-25M/year in profits really make a company worth $1B these days?
- pbreit 12y agoAbsolutely. $100m in revs is basically the magic number for $1b IPO. And a growth company should be "losing" money. Otherwise it's run out of ideas on how to make money which is a red flag.
- cperciva 12y agoI clearly need to abandon my profitable and steadily growing SaaS business and launch a startup which sells dollar bills for 75 cents each. IPO here I come!
- biot 12y agoOr try the Groupon model: sell other peoples' dollar bills for 50 cents and give them 25 cents from the sale.
- cperciva 12y ago... and then come to Startup School and talk about how you hate people who run unsustainable businesses.
- noir_lord 12y agoI would like to offer 100m for 1% and no board seat. I think my offer is tough but fair.