Sam Parr: StreamYard reached $30M ARR, selling for $250M with 7 employees
Sam Parr · How FTX Scaled A $30 Billion Company With Only 30 Engineers! · Jun 21, 2022 · at 46:03
Sam Parr explains the extreme capital efficiency of live-streaming tool StreamYard and its acquisition by Hopin.
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“But basically in like one year, they went from three million To thirty million. And then they sold that same year to hop in for two hundred fifty million dollars in cash. And these two guys owned the whole thing. And when they sold, they basically scaled the company to twenty million in ARR with five people. And then by the time they sold, they had thirty million and they had just hired the seventh person.”
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