[ksec]

Every time I checked I thought they were over valued. $200B! But P/E is only 60, and they are still growing. This makes Tobi net worth higher than Jack Dorsey.

Then I looked at revenue was only ~4 billion. Something doesn't add up. Turns out they have ~$3B from Gain on Sale of Security.

[boringg]

They also have investments in a bunch of tech companies and are moving into a lot of different markets. Wallstreet likes to look at the GMV which is second only to Amazon for gross merchandise volume sold on a platform.