Mike Morgan, CEO of ChannelGrabber, outlines the company's valuation expectations based on a 4x to 6x ARR multiple ahead of fundraising.
0:00 / 0:15exact quote · 15.9s
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“So, you know, the market rate is, is four to six X that figure. So, you know, I guess I usually work in pounds, excuse me, but you know, we're probably looking anywhere between six and nine million us.”
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More from Mike Morgan
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AssertionNot checkable as stated
Morgan: ChannelGrabber is tracking about $1.3M in ARR
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Mike MorganNov 16, 2019▶ 8:141575 Why This $1.4M ARR CEO Wants to Double CAC Even Though You Think Thats Bad
Disclosure
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Mike MorganNov 16, 2019▶ 9:521575 Why This $1.4M ARR CEO Wants to Double CAC Even Though You Think Thats Bad
PredictionNot checkable as stated
ChannelGrabber projected hitting positive cash flow in early 2020
“As I said, we made a lot of investments ahead of revenue taking a few chances over the last 12 or 18 months, but we're looking at being cash flow positive in February or March of next year.”
Mike MorganNov 16, 2019▶ 10:441575 Why This $1.4M ARR CEO Wants to Double CAC Even Though You Think Thats Bad
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