Two for Thursday...
Last week Bambuser was the winner of the 2021 LVMH Innovation Award at the 2021 Viva Technology show which is Europe’s biggest startup and tech event.
850 entries were received and a total of 28 startups were selected as finalists
That is incredibly impressive. Shows you the attention live streaming is no getting over everything else.
What I like even more is, I believe Verb's technology is even better, but you be the judge.
We shall see...
verbLIVE customers are launching now with one of the biggest next week
CHICAGO, June 22, 2021 /PRNewswire/ -- G2, the largest software marketplace, today announced $157 million in Series D funding at a valuation of more than $1.1 billion, bringing its total funding to $257 million.
https://www.prnewswire.com/news-releases/g2-r...17303.html
In 2017 they had $11M in revenue
2019 they had $30M
Last year they were valued less than 1/2 as much with $50M of revenue and losing money.
G2 Crowd Revenue Hits $50m with $450m Valuation. Will they sell?
https://blog.getlatka.com/g2-crowd-reviews-revenue/
Not even doubling their revenue every year but still valued at $1.1M
and they needed to raise $257 million to get there
Their cash burn is ~$2M a month and never looking to raise money, but just raised a boat load.
What unique and proprietary thing that they do?
You tell me as I don't know, but they do software reviews.
Who'da thunk that would be worth $1B+, eh?
CEO interview here...
Valuation is partially based on comps. Verb increases it's revenue and then it's off to the races...
Last week Bambuser was the winner of the 2021 LVMH Innovation Award at the 2021 Viva Technology show which is Europe’s biggest startup and tech event.
850 entries were received and a total of 28 startups were selected as finalists
That is incredibly impressive. Shows you the attention live streaming is no getting over everything else.
What I like even more is, I believe Verb's technology is even better, but you be the judge.
We shall see...
verbLIVE customers are launching now with one of the biggest next week
CHICAGO, June 22, 2021 /PRNewswire/ -- G2, the largest software marketplace, today announced $157 million in Series D funding at a valuation of more than $1.1 billion, bringing its total funding to $257 million.
https://www.prnewswire.com/news-releases/g2-r...17303.html
In 2017 they had $11M in revenue
2019 they had $30M
Last year they were valued less than 1/2 as much with $50M of revenue and losing money.
G2 Crowd Revenue Hits $50m with $450m Valuation. Will they sell?
https://blog.getlatka.com/g2-crowd-reviews-revenue/
Not even doubling their revenue every year but still valued at $1.1M
and they needed to raise $257 million to get there
Their cash burn is ~$2M a month and never looking to raise money, but just raised a boat load.
What unique and proprietary thing that they do?
You tell me as I don't know, but they do software reviews.
Who'da thunk that would be worth $1B+, eh?
CEO interview here...
Valuation is partially based on comps. Verb increases it's revenue and then it's off to the races...
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