[bjourne]

> No, that's the value of MailChimp as a company. That includes the product, the branding, the management and the customer base.

How did all these valuables come into existence? Through the employees labour. Thus the value of this labour must be equal to the value of these assets.

> The market value of anything is exactly the value that anyone is willing to pay for it

I never used the term "market value". Sorry if that is what you thought I meant, despite that I didn't use the term. And no, market value is not the only or the best way to measure value.