He Sold His Company For $100m Last Week

[Rickson9]

Last week, Wiley Cerilli sold his two-year-old startup, SinglePlatform, for $100 million. He'd like to thank his mother for his success as an entrepreneur.

Five Lessons From My Mom That Helped Me Start And Sell SinglePlatform - Business Insider

 

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[TK1]

Great guy with a great heart thinking all about his mom AFTER big $ success....and SMH @ the hater comments below

 

[Venetian]

How much money (gross/profit) was his company generating at the time it was acquired?

 

[The-J]

NYU represent!

That's pretty awesome that he still thinks of his mom. He never forgot his roots, even now as a multi-millionaire. And his mom is a smart lady, too.

 

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[theag]

How much money (gross/profit) was his company generating at the time it was acquired?

"SinglePlatform (...) has more than 10,000 customers paying $495 per year."

Another Big Exit For NY Startups: SinglePlatform Gets Acquired For $100 Million By Constant Contact - Business Insider

Edit:

This sounds like they are doing more: "The deal is for $65 million cash, plus a $5 million cash and equity earn out for employee retention, as well as another $30 million tied to revenue targets. Constant Contact CEO Gail Goodman says that to get the full revenue earn out, the SinglePlatform team would need to bring in about $75 million over the next two years."

http://techcrunch.com/2012/06/13/constant-contact-acquires-singleplatform/

 

[BeingChewsie]

If anyone is interested he tells his story here:

Wiley Cerilli - Business Insider

I should add that it is worth noting his focus is/was on helping people, his focus was not chasing money.

Sue