Share
19,530 Posts.
lightbulb Created with Sketch. 6624
clock Created with Sketch. 11/02/18
17:21
Share
Originally posted by Nanday
↑
This is a possibly rambling post of my recent thoughts about the future direction of GSW - opinion only. I was initially disappointed to read that they are seeking potential bids for the company. However on reflection I think taking it private again is the way to go. If it stays publicly listed, it's going to be news-driven until a solid increasing income stream is proven, and that usually takes years, not quarters to convince investors.
Expand
Here is Australia early stage tech companies need to have over $1 million ARR (annual recurring revenue) to attract VC money in a Series A round. These rounds range a bit, but typically a company might raise $2 to $5 million at a $10 to $25 million dollar valuation. In my opinion GSW was taken to market far too early.
