Agarwal: Cvent didn't receive a 20x revenue buyout offer before IPO
Reggie Agarwal · 1292 How Cvent Hit $500m Bookings with Eyes on $1B in Meeting and Event Space · Feb 6, 2019 · at 5:14
Cvent founder and CEO Reggie Agarwal discusses why Cvent chose to go public in 2013 rather than accept private acquisition bids, comparing the situation to Qualtrics' sale to SAP.
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“Unfortunately, we didn't get 20 times revenue like Qualtrics as an offer, because maybe that would change your mind if you get that kind of valuation.”
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