Blackstone Labs - Are they worth 9.5 mil?

[TheGrinch]

Da Fuq?




http://www.inc.com/inc5000/list/2016/



Fastest growing private companies in the ENTIRE USA #27 is Blackstone??      

[Al Doggity]

9.5m is the yearly revenue according  to that article. A company's valuation is usually placed at 5-7x depending on a few factors. So, conservatively, based on those numbers, we can say it's a $40 million company.

[BB]

For fellows that are in the supplement industry(not named Vince Goodrum), does Blackstone still sell well? I've always assumed that most of the profit in these newer companies was driven by the grey market energy supps and prohormone end. Are they really doing that well now that those areas are getting more governmental scrutiny?  

[bigmc]

9.5m is the yearly revenue according  to that article. A company's valuation is usually placed at 5-7x depending on a few factors. So, conservatively, based on those numbers, we can say it's a $40 million company.

No

[Simple Simon]

money laundering of peace.

[Grape Ape]

9.5m is the yearly revenue according  to that article. A company's valuation is usually placed at 5-7x depending on a few factors. So, conservatively, based on those numbers, we can say it's a $40 million company.

Companies can also be valued of EBITA multipliers, not necessarily revenue.  9.5M with an annual loss over a period of time might not fetch any multiplier.

It depends on the industry.

[Simple Simon]

I remember three people on the news had come up with a website, it was valued at £40m
When asked what they were going to do with their new found wealth they all said they didnt have a pot to piss in.
The value of a company means nothing, its what someone will pay for it is its worth.

[8 INCH not biceps]

I am worth $10,000 for an hour of sex now is there anybody willing to pay me that amount.

[Al Doggity]

Companies can also be valued of EBITA multipliers, not necessarily revenue.  9.5M with an annual loss over a period of time might not fetch any multiplier.

It depends on the industry.

It was just a basic post about how the value of the company is not the revenue.  In my previous post, I said depending on a few factors. I don't have the EBITDA info, but I would assume that a fart powder company generating 10mil a year that does a lot of business online is not losing money.

That being said, my previous post was tongue-in-cheek. The list doesn't say how the numbers are compiled, so there's a possibility these numbers are just fake. I also suspect that illegal drugs are part of, if not most of, their business.

[TuHolmes]

Unfortunately, at the current rate, their valuation will be negative within a couple of years.

As quick as it cane rise, it can fall.

[King Shizzo]

I remember three people on the news had come up with a website, it was valued at £40m
When asked what they were going to do with their new found wealth they all said they didnt have a pot to piss in.
The value of a company means nothing, its what someone will pay for it is its worth.

Which is why Getbig's value is priceless.......

Didn't the Clippers sell for a billion dollars? Ron will be a rich man someday.

[Simple Simon]

Which is why Getbig's value is priceless.......

Didn't the Clippers sell for a billion dollars? Ron will be a rich man someday.

Yes, a forum with a grand total of 50 posters, most of them with a dozen gimmicks, it must be worth millions

[light weight baby]

Yes, a forum with a grand total of 50 posters, most of them with a dozen gimmicks, it must be worth millions

shizzo is  an even bigger loser than howard

[King Shizzo]

shizzo is  an even bigger loser than howard

Ahem, it is King Shizzo to you.

[Grape Ape]

It was just a basic post about how the value of the company is not the revenue.  In my previous post, I said depending on a few factors. I don't have the EBITDA info, but I would assume that a fart powder company generating 10mil a year that does a lot of business online is not losing money.

That being said, my previous post was tongue-in-cheek. The list doesn't say how the numbers are compiled, so there's a possibility these numbers are just fake. I also suspect that illegal drugs are part of, if not most of, their business.

And mine was a basic post expanding on your basic post, not necessarily refuting it.

[rocco-x]

I am worth $10,000 for an hour of sex now is there anybody willing to pay me that amount.

I have about $23.89...could you spare just 5mnts of your time?

[Al Doggity]

And mine was a basic post expanding on your basic post, not necessarily refuting it.

Good work. Carry on.

[Vince G, CSN MFT]

For fellows that are in the supplement industry(not named Vince Goodrum), does Blackstone still sell well? I've always assumed that most of the profit in these newer companies was driven by the grey market energy supps and prohormone end. Are they really doing that well now that those areas are getting more governmental scrutiny?  

The reason Blackstone Labs sold so well has really nothing to do with products.  Everyone and their uncle  sold prohormone.  The key was all about distribution.  Any business could sign up and open a dropship account without having to keep inventory in addition to an aggressive campaign on Amazon  So in a matter of a few weeks, anyone and everyone had an opportunity to sell their products and pocket some cash and ultimately sales poured in where it was pretty easy to bring in 9.5 million in revenue in just one year.

The only problem was that they got greedy, cut off the dropship network with no warning along with any products from being sold on Amazon and put in strict MAP internet pricing so they could get bulk orders from Mom & Pop shops. 


Ultimately, Blackstone Labs is not making as much money as it was before and in fact, its is prob losing money.  The company has 27 employees in all which is way too many at this point and the Mom and Pop shops are pretty much saturated although with the fact that Blackstone is actually undercutting these shops with satellite stores and Google ads.  So no, its now a shell of itself which eventually will be just another brand under Hi-Tech Pharmaceuticals.



You're welcome

[BB]

You're welcome

Thank you Vince, that was a rather evenhanded reply .

[Coach is Back!]

9.5m is the yearly revenue according  to that article. A company's valuation is usually placed at 5-7x depending on a few factors. So, conservatively, based on those numbers, we can say it's a $40 million company.

Wrong

[BIG DUB]

I still can't believe this guy went from a message board nobody to millionaire..

http://www.secretentourage.com/success-stories/aaron-singerman/

[Mr Anabolic]

Blackstone "Labs"? -  

Molecules in the logo... yeah, that's the ticket.  

Douchebag buying expensive cars, houses, watches and flaunting his wealth and taking photos of it all... so cliché.  

His wife has a bun in the oven.  After a few years, she'll eventually divorce him and take half of everything.  

[Rambone]

Blackstone "Labs"? -  

Molecules in the logo... yeah, that's the ticket.  

Douchebag buying expensive cars, houses, watches and flaunting his wealth and taking photos of it all... so cliché.  

His wife has a bun in the oven.  After a few years, she'll eventually divorce him and take half of everything.  

They fit in with the cliche Boca Raton douchebag lifestyle with everybody keeping up with the Jones so to speak yet everything is leased out and they're in debt to their eyeballs. It's all about perception of prosperity around here.

[Vince G, CSN MFT]

They fit in with the cliche Boca Raton douchebag lifestyle with everybody keeping up with the Jones so to speak yet everything is leased out and they're in debt to their eyeballs. It's all about perception of prosperity around here.

As I stated before, its easy to simply open up a TRT anti-aging clinic and legally sell steroids.  Florida's laws are very generous to them due to the high amount of elderly people who basically control the state.  With the clinic open in the front, its pretty easy to sell gear to the gym rats in the back room.  That's why all of these people are moving there

[Al Doggity]

Wrong

Well the valuation would obviously be higher if google wanted to buy their algorithm for being popular on social media.