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  4. Verb Technology Company, Inc (VERB) Message Board

Six months on: Chargebee raises another $125m as s

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Post# of 33001
(Total Views: 547)
Posted On: 04/23/2021 8:06:42 PM
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Posted By: redspeed
Six months on: Chargebee raises another $125m as subscription payments boom



Imma Chargebee valued at $1.4 billion in new $125 million

Imma Chargebee, which has raised $230 million to date.

Imma Chargebee's estimated annual revenue is currently $64.5M per year.

https://www.altfi.com/article/7817_six-months...ments-boom

"2020 SaaS Recurring Revenue – Up 82% over the prior year. The amount and rate of growth of SaaS recurring revenue are the most important measures of value for any software business. While we believe our 2020 rate of growth in our core business was impressive, especially in light of the challenges imposed by a global pandemic, we anticipate even greater growth this year ."

Sounds like revenue will at least double this year

If you can double revenue or more each year

The share price will follow

Look for $10M+ this year

Which is a heck of a lot more than that other video company valued at 2/3 of a billion

Next time you engage a BWer, asked them to explain that valuation

They can't...

To busy managing multiple IDs

https://investorshangout.com/post/view?id=6116781





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