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by confiscate
2641 days ago
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Yes, either case is possible. Lyft could become Pets.com or Amazon. You can argue that Lyft will become Pets.com, due to other reasons, such as growth potential etc. That would make sense. BUT, the argument in your graphic, that a company is overvalued simply because its valuation is higher than traditional well-known brands, that ARGUMENT is flawed. Lyft's valuation is totally independent of Ford's valuation. These are separate companies with separate paths. Amazon's valuation was not tied to Sears--the 60-minutes journalist made the mistake of connecting the 2 together. The argument behind your graphic is wrong. |
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