Yoav Pridor would reject a $20 million acquisition offer for Bazilla
Yoav Pridor · 1437 Social Listening Tool Hits $4.8m in ARR Selling to Governments · Jul 1, 2019 · at 15:13
Nathan Latka asks Bazilla co-founder Yoav Pridor if he would sell the company for $20 million (a 4-5x multiple on $4.8M revenue).
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“I think not. And it's a very general question because my question is always, how can we make it much bigger together so that somebody would have to would have to strategically be a partner that in joint forces will aid us in making this whole company a much bigger enterprise.”
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“The growth has been roughly 40 to 50%, but that's because we have become the sole social listening platform for all of Israel's government companies and government agencies.”
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“I believe that real insight is, is, has to come from a human brain.”
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“Well, it's about, it's all recurring. Most of it is recurring. Just over 90%. And it's about 60% SaaS and 40% professional services.”
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“Yeah, it's around 400. It's around 400.”
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“All of our clients not only get notifications and alerts from the system on a regular basis, they also get analyzed reports on a regular basis in a standardized format, in several standardized formats, and this is something we do for them without, it's a recur…”