Re:AngelList acquires Product Hunt
by skinnymuch on Saturday December 03, 2016 @06:08PM
(#13097936)
It's not absurd just looking at the numbers. But looking at the actual site, then yeah it seems absurd. They weren't exactly doing that much to push revenue. I doubt they did 6 figures a month.
There's also some obvious alignment between the two companies so maybe it was a much larger multiple than I would have expected. The team absolutely managed to build a product that has captured the attention (in many cases daily attention) of the type of people that AngelList wants.