2min chapter

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Adobe acquires Figma for $20B, Patagonia founder donates profits + Streaming consolidation | E1561

This Week in Startups

CHAPTER

Patagonia CEO Dumps Company to Fight Climate Change

Patagonia founder Evon schinard is giving the company away to fight climate change. So was effectively divested himself and his family from patagonia. The bi i r so i said 50 million would be 20 times revenue, ret a top line. I'sa a hundred million times a hundred. Sothe the multiple o come downit's in the its, in the line of over paying on a multiple and it being worth it.

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