Devore: DocHub internally targets a $10 million valuation
Chris Devore · EP 493: DocHub $90k MRR, 15M Users To Make Document Signing Easy with CEO Chris Devor · Nov 29, 2016 · at 15:58
DocHub CEO Chris Devore discusses valuation with host Nathan Latka after Latka offers a $200,000 active growth investment in the company.
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“I still like the you know, a ten million dollar valuation on it.”
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More from Chris Devore
Devore: DocHub charges $7 monthly, less than half of competitors
“Like seven dollars a month or something. And you know, that doesn't, that's basically you know, less than half of what most people are charging for the same thing.”
Devore: DocHub generates $90,000 to $95,000 in monthly recurring revenue
“When you factor in the annual guys you know, we're doing about 90 95 thousand a month.”
Devore: DocHub would consider full acquisition but rejects minority investments
“I mean, you know, if there's a buyer out there who's interested in in, you know, has a good a solid price for doc hub, you know, I'd listen to the offer and you know, but I don't think we want to you know, I don't think we're in a situation where we need to be…”
Devore: DocHub grew from zero to $1M ARR in one year
“Let's go back a year ago where we were making literally zero dollars a month. And what would you value it a year ago? You know, so a year ago by that math, it would have been worth nothing. And now all of a sudden we, you know, we have a million dollars coming…”