Social Media. Social media companies had median revenue of $361mm with 151% revenue growth prior to IPO. Facebook was the outlier with $1.9bln of revenue.
E-commerce. On median these businesses had $282mm of revenue prior to going public with growth of 70%. It’s pretty incredible to think that Amazon went public with only $16mm of revenue, but that was actually a lot of revenue for a new tech company in the 90’s. Chewy alternatively had $3.5bln revenue at the time it went public earlier this year.
sammy@blossomstreetventures.com
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