85 Broads member Alexa von Tobel, the 27 year old CEO of LearnVest, has worked hard and smart to successfully launch and build her company. And she's as tenacious as she is smart -- making it big takes both. No surprise that her company is now being valued at $100 million. This young gal is a MOONSHOT.
Originally posted on BusinessInsider.com
LearnVest's business closely resembles Investools, which was acquired by TD Ameritrade for an estimated $600 million. Mint.com was acquired by Intuit for $170 million while generating $6 million in annual revenue.
In July, LearnVest raised a $19 million round, bringing its total funding to $24.5 million. It's seeing quick adoption among advertisers and users, and conversion rates on its recently launched subscription product are exceeding expectations. Based on its recent funding, the success of its predecessors, and its quick adoption, we estimate a $100 million valuation.