
Just for folks who are members of the Acquired Limited Partner program. It is the first time that we've done a show like this where we cover a full company.

It is the first time that we've covered a company just before its IPO. This is a first for Acquired on a number of fronts.

For anyone from The Generalist audience, I am Ben Gilbert and I'm the co-founder of Pioneer Square Labs, a startup studio and early-stage venture firm in Seattle.ĭavid: I’m David Rosenthal and I'm an angel investor based in San Francisco.īen: We are the hosts of Acquired, the podcast about great technology companies and the stories and playbooks behind them.

All underlying assumptions are based on public financial disclosures unless stated otherwise.We recognize this analysis is flawed (cashflow/profit multiples are better, at least for mature companies), but given the opacity of most companies’ business unit reporting, this was the only way to apply a consistent and straightforward approach to each deal.

If you have any examples you think we missed ping us on Slack or email at: We used revenue multiples to estimate the current value of the acquired company, multiplying its current estimated revenue by the market cap-to-revenue multiple of the parent company’s stock.
