Etsy to buy fashion reseller Depop for $1.63B

Re:Etsy to buy fashion reseller Depop for $1.63B by nly on Wednesday June 02, 2021 @07:41AM (#27367494)

I suppose it's not that much really. If you stick a P/E multiple of 20x on it then it's only annual earnings of $80M.

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Re:Etsy to buy fashion reseller Depop for $1.63B by greesil on Wednesday June 02, 2021 @07:55AM (#27367617)

You only get that multiple if you're publicly listed. Usually for M&A the price is discounted from that, but this also varies widely by industry. Never do a hardware startup, for instance :)

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Re:Etsy to buy fashion reseller Depop for $1.63B by ludamad on Wednesday June 02, 2021 @08:19AM (#27367803)

What is clothing but low tech wearables

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Re:Etsy to buy fashion reseller Depop for $1.63B by greesil on Wednesday June 02, 2021 @11:23AM (#27369761)

E-commerce

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