Is now a good time to sell? Absolutely! Economic recovery is 8 years along, there is low unemployment, the fed is raising rates, and many other factors, all of which is signaling a recession, so good to sell now. At 3.5x revenue, this is a rich acquisition, and I think will turn out to be perfectly timed for the sellers, and turn out to be perfectly mistimed for the buyers, who are severely overpaying. Why is this important? Timing is a key success factor, and not just in financial markets, but in startups, as identified by Bill Gross in this analysis.
I post what I see and do in consumer products. But I am just one person with my own perspective. I want your opinion and observations from your point of view. Please comment below so I and others can learn. Thank you!