beibeiq
Re:Was zombie-Bench just acquired?
on Monday December 30, 2024 @10:37AM (#42550199)
Hey that's good feedback. I'll leave the first part since I was also commenting on how acquisitions happen. Note though that the OP is an affected bench customer looking for a transition but I'll respect your part of this thread. Have a great rest of 2024.
Re:Was zombie-Bench just acquired?
on Monday December 30, 2024 @09:37AM (#42549627)
NDR (Net Dollar Retention) in a business like this is the key metric for determining whether there's a business or customer base worth acquiring here. With Bench's rumored churn in recent years, their existing investors which includes top funds like Bain and reputable ones like Inovia (which is top Canada) would've had the opportunity to invest first. Clearly they didn't.
With a rumored 2024 revenue of $54.9m in 2024, and peak valuation at $230m+ (4x Rev which isn't unreasonable to pay even for a tech-enabled services business), churn would've been really bad for this deal to end up here.
Re:Bench accounting services shutting down
on Friday December 27, 2024 @02:40PM (#42525349)
I would LinkedIn DM Capchase folks with support or customer service titles.
Re:Bench accounting services shutting down
on Friday December 27, 2024 @01:53PM (#42524896)
Are you a single member LLC? Digits is focused on C Corps right now and for C Corps we can offer personal tax returns. Fill out this form: https://tinyurl.com/digits-bench here. Our team is fully focused on helping Bench customers through the rest of the holidays!
Re:Justin Kan’s Atrium is starting a boot camp to help founders raise ...
on Monday December 04, 2017 @01:33PM (#15846247)
Great question. Think of it like content marketing that is very heavy on content because that's the best way to market :) - Bebe, Atrium Co-Founder
Re:A data driven look at Chicago startups
on Thursday May 17, 2012 @07:52PM (#3989721)
It's great to see how non-Valley accelerators truly measure up to YC.
Re:The Ultimate Irony of Groupon
on Wednesday April 11, 2012 @02:30AM (#3826249)
I wonder what Groupon's Spokescat (http://www.quora.com/Groupon/Whats-the-story-behind-the-Grou...) has to say about this fiasco.