Anyone seen actual financials? FTA: To monetize all that information, the website has a subscription model that two million people pay into at $12.95 to $34.95 a month, according to the company.
So (say) $20/month = $200/year * 2 million = $400M/year run rate. In rough terms the buyout happened at 3-4x revenue.
I'd say it's not too rich a valuation, and given my wild-ass guess above, my error bars are big; But the bottom line: not an insane number.
So (say) $20/month = $200/year * 2 million = $400M/year run rate. In rough terms the buyout happened at 3-4x revenue.
I'd say it's not too rich a valuation, and given my wild-ass guess above, my error bars are big; But the bottom line: not an insane number.
Kudos.