News for hackers. Stuff that matters.

A comment on PayPal to acquire shopping and rewards platform Honey for $4B. Parent comment

Re:PayPal to acquire shopping and rewards platform Honey for... by sdinsn on Wednesday November 20, 2019 @05:34PM (#21589355)
To put it in perspective:

WhatsApp: $55/user

Instagram: $20/user

[ Parent | on HN ]
Re:PayPal to acquire shopping and rewards platform Honey for... by eaenki on Wednesday November 20, 2019 @05:46PM (#21589452)
Given the timing, network effects, potential, address book data and $0 CAC, they were stealings and I can’t believe Honey sold for $4B. Sounds off by x5+
[ Parent | on HN ]
Re:PayPal to acquire shopping and rewards platform Honey for... by josephjrobison on Wednesday November 20, 2019 @09:52PM (#21591031)
You’re saying Honey is worth $20B?
[ Parent | on HN ]
Re:PayPal to acquire shopping and rewards platform Honey for... by namibj on Wednesday November 20, 2019 @10:14PM (#21591130)
Pretty sure parent means the other direction.
[ Parent | on HN ]
Re:PayPal to acquire shopping and rewards platform Honey for... by jacurtis on Thursday November 21, 2019 @10:19AM (#21594905)
He is saying it is 5x too high. So the valuation should be 1/5th (20%).

So he is suggesting a valuation of $800,000,000 ($800M). Which in my opionion is about right.

That puts the value per user right at $47 per user. Again, which given PayPal's previous acquisitions, looks accurate.

[ Parent | on HN ]
Re:PayPal to acquire shopping and rewards platform Honey for... by rasz on Thursday November 21, 2019 @08:29AM (#21593755)
Skype : $240/user

Broadcast.com: $10,000/user

[ Parent | on HN ]