rumours knocking around that emerging job-and-recruiting powerhouse TheLadders.com is for sale. Our inside source says this is b.s. The same source says the company is being offered money at a valuation approaching 10X revenues and that it may raise some additional capital later this year.
2007 Revenue: $30 million +
2008E Revenue: $65 million
Profitability: Cash flow breakeven or better
Likely Valuation of Financing Round (if any): $500 million +
Disclosure: SAI chairman Kevin Ryan is an investor in TheLadders.com. He is not our source. TheLadders.com is also an SAI sponsor.
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