Further financing and exit scenarios slide

Further financing and exit scenarios

FinancialsUnknown round2010Slide 17 of 21

Extracted slide text

Further financing and exit scenarios

Further financing and exit. A second financing round in 2011 or 2012 at a significantly improved valuation, supported by an established solution, proven business model, powerful references and a larger set of partners. Exit scenarios: sale or merger to an e-invoicing network, a financial institution or SAP, or an IPO. Comparable given: Ariba with revenue of $340mn, subscriptions $222mn, EBT $9.5mn and market cap $1.2bn, against Taulia at revenue $13mn, subscriptions $13mn and EBT $6mn.

Observation · not investment advice

What this slide does

“Further financing and exit scenarios” gives the deck a concrete financials claim. Further financing and exit. A second financing round in 2011 or 2012 at a significantly improved valuation, supported by an established solution, proven business model, powerful references and a larger set of partners. Exit scenarios: sale or merger to an e-invoicing network, a financial institution or SAP, or an IPO. Comparable given: Ariba with revenue of $340mn, subscriptions $222mn, EBT $9.5mn and market cap $1.2bn, against Taulia at revenue $13mn, subscriptions $13mn and EBT $6mn. Its job is to make that part of the argument easy to grasp before the narrative advances to the next point.

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