Miles Beckett
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's great.
Knock on wood, every company so far has been a net positive for investors and some better multiples than other and everybody's done well on the team.
Yeah, so Equal, which we sold to Everyday Health, was quite a bit bigger in revenue than Silver Sheet, which we sold to Ammon Healthcare.
But the Silver Sheet was a much bigger exit.
Interesting.
A combination of that Equal was a media business.
And so we sold for a smaller multiple on revenue than Silver Sheet, which was a SaaS business.
And also the market at the time in 2019, it wasn't 2021 craziness levels, but multiples were still pretty crazy for SaaS businesses.
We're about mid-20s, but we were, we got down to about eight.
I think we were eight when we did the last.
And, you know, it's always tough.
I mean, I, we had to do, I did more layoffs at equal.
That was, and we did, we didn't, we didn't really do a layoff at Silver Sheep, but we did, we kind of outsourced the team at Silver Sheep, but it's always really hard.
Yeah.
You know, I would say we have a couple of people from the OG team that actually came back.
One of our salespeople came back.
One of our customer success people came back.
So that was kind of gratifying.
Yeah, we're not quite there, but we're pretty close.
Yeah, and again, we're growing like, you know, we're growing like 60, 70% month over month since launch.