Number
Aventa sold for $375M at 12x profit on sponsorships alone
Sam details Aventa, an 18,000-member executive community that sold in 2016 for $375M at 12x profit (~$23M/yr profit). Almost all profit came from sponsors paying to reach small rooms of Fortune 500 executives.
$375M
Acquisition price · USD
“They have 18,000 members and check this out. They sold in 2016 for close to $300 million. It was $375 million they sold for, and it was for 12 times profit, which means their profit was $23 million a year. And almost all of that profit came from sponsorships.”
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