The holding company of FBA businesses that have gross revenues of over $200 million and $35 million trailing 12 months EBITDA buy smaller businesses in niche markets that would do individually, single digit millions a year in revenue and roll them up.
The e-commerce world is seeing a lot of companies, particularly second-hand retail companies, going public and achieving multi-billion dollar valuations.
The speaker mentions that multiple groups have reached out to offer up to $5 million to buy Repl.it stock, which has a currently estimated valuation of $200 million. They also list several other notable tech companies, including Flexport and Airtable.
A mystery company backed by Softbank is making over $100 million a year by buying popular items like Ben and Jerry's and chips.
Revenue for a payment processing infrastructure increased by 66% this year due to the pandemic, but it is uncertain how much it will be worth when it goes public.