Variato
3 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 13, 2022 by Brad Miller · across every show →
Everything said about Variato, oldest first
Oct 13, 2022
Miller: Awareness Tech exited for $35M in 2020 after turnaround
“They went from losing money to making two million dollars, and so we were before we bought them, we were you know, a twelve million dollar business making four at this point, and they added they were eight and two now, and so now we were 26, and then we said, …”
Oct 13, 2022
Oct 13, 2022
Miller: Acquired competitor Variato for $3.5M after initial $19M valuation
“We started a negotiation where we were going to pay them. Nineteen million dollars on it. Then they were doing twelve million of revenue. But by the time we close the deal, they were on a Eight million dollar run rate, and they had run out of money, and they c…”