Einar Volset
7 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jun 10, 2020 by Einar Volset · across every show →
Everything said about Einar Volset, oldest first
Jun 10, 2020 neutral
Volset: Less than 7% of software acquisitions get mainstream press coverage
“I looked at the, like, 3000 software acquisitions being done in the last three years, and I said, okay, how many of those companies are how many of those companies get mainstream tech press mention when they get sold? And it's less than seven percent.”
Jun 10, 2020
Volset: Brokered sales anchor strategic acquirers to lower private equity multiples
“If you really want to get 30 X revenue or 20 X revenue or 15 times revenue it's hard to do that if you're in like a sales process with a broker. Like if a broker is going out to market, then the strategic knows that, okay, there's a floor in pricing because he…”
Jun 10, 2020 negative
Volset: Traditional VC model forces startups to fundraise every 18 months
“They're sort of levered for growth, right? It's like they raise as much money as we can as quickly as we can. And in order to grow as much as we can and like, let's not, let's forget about, you know, profits or sustainability or really anything. It's just the …”
Jun 10, 2020 neutral
Jun 10, 2020 positive
Volset: Founders can build profitable software businesses without Silicon Valley VC permission
“Like, you can have, you know, a sustainable, calm software business that's throwing off cash. Like, that's something that you can build without necessarily having to go ask permission from Silicon Valley VCs in order to do it.”
Jun 10, 2020
Volset: Private equity caps SaaS multiples at 10x; higher requires strategics
“If you're growing zero to 20%, then like what is an easy multiple to get, I think is about three X. And then and from 20 up to about 50%, you can probably get four X, maybe five. From 50 to about a hundred percent growth. This is annual growth. You can get any…”
Jun 10, 2020 neutral
Volset: Being a university professor is remarkably similar to leading a startup
“Like people underestimate, particularly in the U S but also elsewhere, how similar being a professor is to being a startup, like a venture backed startup founder. Cause essentially what you're doing all the time is going out, grabbing money, getting the best p…”