7 ms·
Glassdoor was valued at ~7X revenue [1], and was growing ~30% YoY [2]. This means they were doing ~$170M top-line, up from $130M in the year prior. [1] https:
by kapilkale 8y ago
Glassdoor was valued at ~7X revenue [1], and was growing ~30% YoY [2].
This means they were doing ~$170M top-line, up from $130M in the year prior.
[1] https://www.bloomberg.com/news/articles/2018-05-09/japan-s-recruit-buying-jobs-website-glassdoor-for-1-2-billion https://www.bloomberg.com/news/articles/2018-05-09/japan-s-r...
[2] https://www.bloomberg.com/news/articles/2018-02-26/jobs-website-glassdoor-is-said-to-interview-banks-for-2018-ipo https://www.bloomberg.com/news/articles/2018-02-26/jobs-webs...
- hunter23 8y agowhere did you get the 7x revenue? I don't see that line in the article?
- kapilkale 8y ago“Looking for jobs through employer reviews is becoming more popular, so buying Glassdoor not only grabs more users but also strengthens Recruit’s existing HR platform,” said Yushi Kawamoto, analyst at Haitong International Japaninvest KK. “Recruit is paying about seven times sales, which isn’t high. This will boost their competitiveness. So overall this is positive for Recruit.”