Munford: Trulioo targets tech and team for M&A, not revenue
Steve Munford · Profitable SaaS Hits $100m Revenue, $1.7b Valuation in Digital Identity Space · Jan 16, 2022 · at 17:36
Trulioo CEO Steve Munford outlines how the company intends to deploy primary capital for inorganic acquisitions.
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“We are not, I'm not looking for top line growth. I'm not, I'm looking for product to extend our platform. And with the right product, we have a customer base that is enviable. If we broaden our product suite, we can sell more to them and provide more of a whole, whole solution for them. So it really is about product and the team and the tech, not so much, I'll pay whatever multiple I need to get the right asset. It's all about the product, the team and the tech.”
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