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by Zenst
1850 days ago
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Not just the blog but Tindie as well all under the umbrella(Supplyframe) they brought for $0.7m. "The expected revenue of Supplyframe for the fiscal year 2021 is around $70 million with profit margins typical for the software business." sure does make for a different perspective upon the offer and on the basis of that, along with the growth in that area of hobby electronics. I figure for the buyer, it's a bargain and on the face of it, could of sold for more. [EDIT ADD} OK been pointed out I slipped few points on that value and it's $700m which with that turnover makes way more sense. But epic Doh moment and hands up on that laugh. |
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