Re:Dropbox buys HelloSign (YC W11) for $230M
by santiagobasulto on Monday January 28, 2019 @03:59PM
(#19021024)
That can't possibly accurate, right? If their revenue is 4M, the acquisition is 57x their rev. That's crazy. Except if they have long time contracts signed maybe?
Re:Dropbox buys HelloSign (YC W11) for $230M
by muhneesh on Monday January 28, 2019 @11:46PM
(#19023849)
CB is usually outdated - unless they're reporting their revenue number or it leaks, it's just a guess.
Re:Dropbox buys HelloSign (YC W11) for $230M
by tschellenbach on Monday January 28, 2019 @03:52PM
(#19020962)
That would be a rather insane 50x revenue multiple. Doesn't sound right
HelloSign makes less than $4 million a year (according to Crunchbase at least).
If Dropbox was buying revenue then by Docusign's multiple they handsomely overpaid for HelloSign. But they're not buying revenue, so who knows if they over or underpaid.