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theSamParr's profile
Sam Parr ⚪️
Sam Parr ⚪️
Sam Parr  ⚪️
@theSamParr

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Sam Parr  ⚪️

@theSamParr

Love motorcycles and dogs. CEO of The Hustle. Internet entrepreneur and investor. Always scheming. ya, check mark is a joke

San Francisco
thehustle.co
Joined July 2012

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    1. Jason  ✨BeKind ✨ Lemkin  ⚫️‏ @jasonlk May 28
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      Mailchimp has ~ 1,000 employees and ~ $1,000,000,000 in ARR ... So yeah well then it can be donepic.twitter.com/aIcla6ktko

      9 replies 44 retweets 365 likes
    2. Sam Parr  ⚪️‏ @theSamParr May 28
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      Replying to @jasonlk

      If this is true, and they're bootstrapped, wouldn't that make Ben Chestnut one of the richest men in America? Like, $20b net worth?

      3 replies 0 retweets 16 likes
    3. Prashant Seshadri‏ @psesh5 May 28
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      Replying to @theSamParr @jasonlk

      forgive the naivety, but what is the math on that?

      1 reply 0 retweets 0 likes
    4. Sam Parr  ⚪️‏ @theSamParr May 28
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      Replying to @psesh5 @jasonlk

      Who's their comp? Twilio does $1.2b in rev. Market cap of 26.81b. So, ballpark math, 20x revenue for $1b company that's been around for 20 years. If Ben owns 100%, it's huge. If 50%, still huge.

      5 replies 0 retweets 4 likes
    5. Prashant Seshadri‏ @psesh5 May 28
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      Replying to @theSamParr @jasonlk

      But he hasn't sold any stock, right? How can he be valued at a 20x revenue if he hasn't sold a share yet though? I get the company trading at that multiple though. Isn't the founder's net worth directly tied to the profits he's able to keep? thanks again for the info.

      1 reply 0 retweets 0 likes
      Sam Parr  ⚪️‏ @theSamParr May 28
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      Replying to @psesh5 @jasonlk

      It cannot be. It's just a guess.

      3:44 PM - 28 May 2020
      • 1 Like
      • Prashant Seshadri
      1 reply 0 retweets 1 like
        1. New conversation
        2. Prashant Seshadri‏ @psesh5 May 28
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          Replying to @theSamParr @jasonlk

          Why would anyone stay private then actually, now that I think about it? The public markets will value the company at 20x multiple so his net worth on paper will be reflected by this too, right?

          1 reply 0 retweets 0 likes
        3. Jason  ✨BeKind ✨ Lemkin  ⚫️‏ @jasonlk May 28
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          Replying to @psesh5 @theSamParr

          well, this is one reason you IPO. however, it's quite possible they are generating $150m+ in free cash flow a year the dividends would be more than enough for most of us :)

          1 reply 0 retweets 2 likes
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