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Boston VCs are pleased that HubSpot will remain an independent company
HUBSHubSpot(HUBS) TechCrunch·2024-07-12 11:10

As we wrote in April, the deal didn't seem to make sense. For starters, that market cap would mean that Google would be paying in the same ballpark for HubSpot that Salesforce paid for Slack, a deal that was worth almost $28 billion. If they paid a multiple over the peak market cap, it would have been even more. Considering that the biggest deal the company ever made was $12.5 billion, buying HubSpot was going to be considerably outside Google's M&A comfort zone. For months, rumors persisted that Google, an ...