'or Matt and Simon sell 5% each to ebay.'
Interesting @lv2004
Running with your suggestion, why not make it 10% each @ say Airtasker's IPO P/Sx of 9.3x i.e. ~ A$1.20ps (~A$54M), with eBay providing personnel to make improvements.
IMO MB would likely be required to step down from the C-suite and eBay install a new CEO to drive change.
Considering how far FVRR has come in such a short space of time, experienced quality tech people could potentially make rapid improvements at FLN.
Assuming it's a success, everyone benefits- the founders, eBay, minority shareholders.
As someone mentioned, it wasn't long ago that FLN's revenue was greater than that of FVRR.
The market is currently pricing FLN at A$0.22 Billion. Imagine if FLN goes onto achieve FVRR’s MC of - US$11.24 Billion i.e. 65x FLN.
MB’s 44% FLN stake is currently worth ~ A$100 million. Assuming FVRR’s current MC is achieved, his ‘hypothetical’ 34% stake could be worth ~ A$5 billion.
MB has the contacts at eBay. But can he let go?
Somehow I doubt it will happen.
DYOR
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $90.18M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 20.0¢ | $384 | 1.92K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 48080 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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21.5¢ | 13000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 48080 | 0.200 |
1 | 3840 | 0.190 |
1 | 99854 | 0.185 |
1 | 23571 | 0.180 |
1 | 16000 | 0.175 |
Price($) | Vol. | No. |
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0.215 | 13000 | 1 |
0.220 | 12752 | 2 |
0.230 | 490 | 1 |
0.240 | 4166 | 1 |
0.245 | 30857 | 1 |
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