Goldman Sachs and Amazon are in discussions over using Amazon’s existing lending platform to offer small business loans. This collaboration would give Goldman the opportunity to capitalize on the sizable community of small and medium e-commerce businesses already working with Amazon. According to the company’s 2019 SMB impact report, more than 1.9 million SMBs, developers and content creators work with the e-com giant and the company had “more than more than $863 million in outstanding SMB loans at the end of 2019.” Although it is still in the works, the project could go live as early as March 2020.
NYSE owner, Intercontinental Exchange, has made an offer to take over eBay. Although a formal agreement has not been made and the two companies are not in negotiations, the proposed deal could potentially boost eBay’s current market value to $30 billion. According to the Wall Street Journal, eBay has expressed interest in selling its classified division currently valued at $10 billion, however, the American financial market company is interested in eBay’s core marketplace business. Intercontinental exchange stated it could increase shareholder value for the online marketplace by implementing its technological expertise to “connect buyers and sellers to eBay’s core e-commerce site.”
Also this week, YouTube parent company Alphabet revealed the video-sharing platform’s ad revenue for the first time in its Q4 earnings report released on Monday. The report stated YouTube’s earnings from advertising revenue reached $15 billion (+36% YoY) and nearly double the earnings seen for the segment in the past two years. Alphabet CEO Sudar Pichai plans on enhancing the platform by further incorporating shopping features and promoting direct engagement with advertisements to move consumers further along in the purchasing funnel.
New in FE exclusive listings, this week we have a Lead Generation business in the Top Dental & Oral Care Resource niche listed at $5,935,000. Based in the US, this portfolio is comprised of two sites serving millions of customers by offering access to a nationwide range of dental professionals and procedures such as sedation dentists, denture repair, and oral surgeons, among many others. Boasting over two decades of combined operational history, the sites have secured dominant organic search rankings for over 2,000 pages of content ranking for a combined c.48,000 keywords. With c.1.8M sessions over the LTM and earnings rising at c.150% CAGR over the 2017 to 2019 period, this listing presents a unique acquisition opportunity for a new owner to take over an authoritative content business primed for growth. If you are interested in this business, please follow the link above to request a prospectus.
In events news, coming up on February 12th, the FE International team will be attending NYC Deal Connect to meet with fellow peers from the finance and capital advisory space. Later that evening, FE International will be represented at the NYC Shopify Meetup. If you will be attending either of these events and would like to meet with a team member, please feel free to get in touch.
Looking to attend a SaaS conference this year? North America’s leading SaaS Conference is rapidly appraching! LTV Conf 2020 will be held from May 18th to the 20th in San Francisco this year! Early bird ticket sales end on February 14th and as our gift to you, use discount code FENEWSLETTER for 10% off your purchase!
Call for Entry: SaaS Mag has opened its application for the 2020 SaaS 1000 list! If you think you’re company deserves to be ranked among the top growing SaaS companies, then be sure to apply by February 29, 2020!
Continue reading below for more on Goldman Sachs, Amazon, eBay, Alphabet and more!
Listings
New
Lead Generation – Top Dental & Oral Care Resource – 1.8M Sessions/Yr – $179K Gross/Mo
- Dominant presence within the c.$35 billion-dollar global dental market
- Vast content library helping secure an impressive c.48,000 keywords for the portfolio
- Rapid revenue growth with earnings rising at a c.150% CAGR over the 2017 to 2019 period
- Impressive traffic profile with the sites seeing c.$1.8M sessions over the LTM
- Simple operations with well-developed and profitable lead generation partnerships
Yearly net profit: $1,349,000
Asking price: $5,935,000
Amazon FBA – Private Label Computer & Mobile Accessories Business – $1.5M gross/yr
- Two trademarks and patent-pending nanotechnology
- Revenues have grown c.87.3% over the 2018 to 2019 period
- Six Amazon geographies and two branded websites
- High AOV of c.$70 and generating more than $1.46M in revenue over the LTM
- High-performing team capable of running the day-to-day staying on post-sale
Yearly net profit: $395,000
Asking price: $1,089,000
Sold
Affiliate – Outdoor Cooking Equipment & Accessories – $3.9K gross/mo
Affiliate – Health & Apparel Advice – $800 gross/mo
In the News…
Goldman to Offer SMB Loans through Amazon
In SMB lending news, Goldman Sachs and Amazon are in discussions about using Amazon’s lending platform to offer small business loans. The multinational financial services company has already begun developing the technology required to offer business loans to SMB’s via the Amazon platform. This collaboration would give Goldman the opportunity to capitalize on the sizeable community of small and medium e-commerce businesses already working with Amazon. According to the company’s 2019 SMB impact report, Amazon had “more than 863 million dollars in outstanding SMB loans at the end of 2019.” Small and medium cap businesses may have access to the new service as early as March.
NYSE Owner’s eBay Takeover Offer
Intercontinental Exchange has made a takeover offer for eBay. Although a formal agreement has not been made, the proposed deal could potentially boost eBay’s current market value of $28 billion to $30 billion. eBay has expressed interest in selling its classified unit currently valued at $10 billion, however, the American financial market company is interested in taking over eBay’s core marketplace business. Intercontinental Exchange stated it could increase shareholder value for the online marketplace by implementing its technological expertise to “connect buyers and sellers to eBay’s core e-commerce site.”
YouTube’s $15B Ad Revenue
This week, parent company Alphabet revealed YouTube’s ad revenue for the first time in its Q4 earnings report released on Monday. The report stated YouTube’s earnings from advertising revenue reached $15 billion, a 36% YoY increase. Alphabet’s CEO plans on further enhancing the platform by further incorporating shopping features and promoting direct engagement with advertisements to move consumers further along in the purchasing funnel.