Ahmed: Carbon 6 bought small software businesses at 2x to 4x revenue multiples
Kazi Ahmed · He went from 0 to a $210M exit in 3 years—without inventing anything new. | Kazi Ahmed, Founder o... · PMF Show · May 19, 2025 · at 17:13
Kazi Ahmed, founder of Carbon 6, explains the acquisition multiples paid when rolling up e-commerce software tools.
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“So I think, you know, we were buying pretty small businesses, and so, you know, the multiples were lower, on the lower side, right between two and four X of revenue.”
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