Vaknin: YouAppi plans to IPO rather than sell before 2019
Moshe Vaknin · 771: $320M King of Mobile App Installs · Sep 3, 2017 · at 13:45
Moshe Vaknin, founder and CEO of YouAppi, responds to whether he would sell the company for a 4-5x gross revenue multiple.
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“We don't want to sell before 2019 or we think more going public. It's more accurate path for us because this is so much room to grow.”
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More from Moshe Vaknin
Vaknin: YouAppi tracks users solely via device IDs, not IP addresses
“No, we don't. We really keep the very privacy. The only thing we know is your device ID. We know this user, or we don't know who's the user. It's a hundred percent privacy protection. It's just knowing the device ID so we can identify the Source of the user.”
Vaknin: YouAppi generated nearly $80 million in net revenue in 2016
“Obviously it's close to eighty million.”
Vaknin: The 2017 IPO market is highly unfavorable for ad tech companies
“The IPO market has to be really favorable, which is not the case today. Especially for ad tech companies.”
Vaknin: YouAppi partners with 4,500 app developers for ad inventory
“Your IP has an agreement about 4500 app developers as a publishers, as an inventory source.”