Hacker News new | ask | show | jobs
by baybal2 1850 days ago
I wounder why? $0.7B for a blog, and a wordpress shop?

Cheap money make "miracles" these days.

2 comments

https://supplyframe.com/why-supplyframe/ 70+ websites and a SaaS supply chain management intelligence software (Design-to-Source Intelligence as they call it) that nets $70M revenue annually...
$700M for $70M? I'd say it's still a very jaw dropping deal
10x sales isn't crazy for a growing, high margin recurring revenue SaaS business in today's environment.
That's actually about dead on. 10x run rate is the business school valuation.
I think they are buying because of the audience.