F

FolderShare (ByteTaxi Inc.)

SaaSFile sync SaaS 2005

A peer-to-peer file-synchronization service built by Michael Merhej's bootstrapped startup ByteTaxi after VC funding fell through; acquired by Microsoft in November 2005 for an undisclosed amount, later seeding OneDrive.

Financial Data

Asking Price
Undisclosed
Sale Price
Undisclosed
Monthly Revenue (MRR)
N/A
Annual Revenue (ARR)
N/A
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
N/A

Exit Analysis

This database tracks 362 SaaS exits, and the ones that disclosed a price sold at a median of $20,000. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.

See how this compares across the market on our market stats page, or browse more SaaS exits.

Exit Timeline

Exit Date
November 2005
Platform
Direct

Founder

M
Michael Merhej
Source
Other