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Just out of curiosity, can you share a ballpark figure about the buyout price. 5,10,20 Million?
by sumedh 12y ago
Just out of curiosity, can you share a ballpark figure about the buyout price. 5,10,20 Million?
- willu 12y agoGiven their size and stage at the time it was likely south of 7 figures or very low 7 figures. Considering their acquirer IPO'd soon after, though, the stock portion probably grew in value significantly. (No inside knowledge of course, but people's perceptions of acquisition windfalls tend to be skewed higher than reality)
- roel_v 12y agoThe article says they had 70k turnover. Take http://www.quora.com/What-are-typical-exit-revenue-multiples-for-SaaS-companies-at-sub-5mm-5-10mm-10mm+ http://www.quora.com/What-are-typical-exit-revenue-multiples... as a ballpark estimate for a multiple. They'd have been very lucky to be paid 7 figures. 5 million is a lot of money. Sometimes I feel like it's 1999 all over again - people spouting 200k salaries and 8 digit 'acquisitions' of < 10 people companies as 'normal'.
- ryanSrich 12y agoAt $70k ARR I'd guess no more than $500k. But that's just a guess.