HomeAway Ramps Towards IPO With Two Key Hires And $200 Million/Year In Revenue
A year and a half ago the company was valued at $1.4 billion after a $250 million round of financing. Revenue at the time was around $150 million, we heard. Now revenue is more like $200 million/year, with $70 million or so in pure profit. This thing, in short, is throwing off cash, and lots of it.