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by toomuchtodo 2448 days ago
Or everyone is overvalued and these are fantasy numbers pulled from the unicorn forest. There is no repercussion when an analysts predictions are "overly optimistic" (see: everyone pitching $50B-$100B valuations to WeWork to get their IPO biz).

Throwing darts would be just as accurate as the predictions investment banks are throwing out.
1 comments
pmart123 2448 days ago
Well, AWS actually is highly profitable and changed the game so most of the recent startups could actually be built. I wouldn't associate WeWork with it. I won't even associate Tesla with WeWork. At least if you give $10B to Musk, you get rocket ships and category-leading car companies out of it.
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toomuchtodo 2448 days ago
AWS is only highly profitable for an investor if you cut it loose from Amazon retail so it's not subsidizing it (spin it out) and other Amazon endeavors that aren't profitable. Otherwise, it's only of benefit to Amazon proper.
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