OnlyCFO
@OnlyCFO
CEO, CFO, COO, Founder, CPO, CCO, Chief of Staff, intern @ http://OnlyCFO.io and http://CFOPilot.com
Boeing just never catches a break…
🚨#BREAKING: Watch as People evacuate from a American Airlines jet after a left main wheels caught fire 📌#Denver | #Colorado Watch as passengers and crew evacuate American Airlines Flight 3023, a Boeing 737 MAX 8, at Denver International Airport. The Miami-bound jet was forced…
SaaS Board: You should explore the market appetite of an acquisition. Translation: We will never make money on this company and want our money back. We are currently focused on investing in AI companies at 1,000x multiples
More Boards should fire their founder/CEOs There are lots of founder/CEOs driving their companies into the ground, but the Board is too scared to fire them
Astronomer CEO found out the purpose of his Board of Directors last week… Many folks think Board Meetings are useless But it’s because they don’t understand the main purpose of the Board. onlycfo.io/p/are-board-me…
Acquirers are looking for riches in the niches Vertical software acquisitions continues to make up a larger % of total M&A
Proud to have been first investor here at @saastrfund!
RevenueCat’s Series C: -Valuation: $500M -$ Raised: $30M primary, $20M secondary -ARR: ~$30M (75% YoY growth) -Cash Burn: $0 (slightly profitable) -ARR Multiple: ~16x And this is after just barely rejecting a $500M acquisition offer. Incredible. And just getting started
I won’t talk the contents of this particular post up, but if you don’t follow @OnlyCFO, you should
RevenueCat is not an “AI company”, but are benefiting from the AI boom. New post with @jeiting sharing all the details of RevenueCat’s journey: -Rejecting a $500M acquisition offer -Recently raising a Series C -And their path to high growth and profitability An inside look 👇