Gurley cites Ferriss has sold 10 million books, has 2 million email subscribers, and podcast approaching a billion downloads.
“He sold 10,000,000 books. I got a list here. He's got 2,000,000 email subs, over a thousand blog posts, 7,000,000 followers on social media, and his podcast is about to pass a billion downloads.”
Gurley cites Ferriss's metrics: 10 million books sold, 2 million email subscribers, and podcast approaching one billion downloads.
“He sold 10,000,000 books. I got a list here. He got 2,000,000 email subs, over a thousand blog posts, 7,000,000 followers on social media, and his podcast is about to pass a billion downloads.”
Gurley criticizes price-to-revenue multiples as the crudest possible valuation tool for evaluating companies.
“price to revenue is like this really crude valuation tool, it's like the crudest you could possibly have.”
All-In Podcast
“And so what really values companies, you know, it's typically a discounted cash flows. And so now all of a sudden, the buy side's asking SaaS companies about net dollar retention, about long term operating margin, about whether their free cash flow is greater or less than their net income, about SBC as a percentage of free cash”