is this a 70X acquisition multiple? I read somewhere they had ~3mil in turnover? | Hacker News

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		janlukacs on Jan 28, 2019 \| parent \| context \| favorite \| on: Dropbox buys HelloSign (YC W11) for $230M is this a 70X acquisition multiple? I read somewhere they had ~3mil in turnover?

btian on Jan 28, 2019 | [–]

It doesn't matter. Dropbox didn't acquire HelloSign for revenue. The acquisition was for the tech.

kkotak on Jan 28, 2019 | | [–]

It's called nepotism and designed exits for investors with public funds.

jbverschoor on Jan 28, 2019 | [–]

They raised 16m. So it's 14x

tvladeck on Jan 28, 2019 | [–]

Turnover typically refers to revenue, not equity raised.

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