Re:Ask HN: How did Fast get a $580mm valuation?
by jorams on Tuesday April 12, 2022 @03:07AM
(#30999559)
You're off by a few orders of magnitude for WD-40 (WDFC). They had 488 million in revenue for 2021.
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Re:Ask HN: How did Fast get a $580mm valuation?
by huijzer on Tuesday April 12, 2022 @05:30AM
(#31000407)
Thanks for pointing that out. I meant 500 million annual revenue and 100 million annual cash flow.
The 26 years back-of-the-envelope calculation was correct though: 2.6 billion / 100 million = 26 years.