$700M for $70M? I'd say it's still a very jaw dropping deal | Hacker News

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baybal2 on May 25, 2021 | parent | context | favorite | on: Siemens acquires Supplyframe, owners of Hackaday a...

$700M for $70M? I'd say it's still a very jaw dropping deal

mediaman on May 25, 2021 | [–]

10x sales isn't crazy for a growing, high margin recurring revenue SaaS business in today's environment.

bsder on May 25, 2021 | [–]

That's actually about dead on. 10x run rate is the business school valuation.

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