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by djbusby
990 days ago
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Well, when they become/are the major player (close to monopoly) and then can ratchet up some enterprise crap, then do the 10% per year squeeze - well, that's what VCs believe in (and buy). A 10x multiple means they "only" need $500M TTM to justify to the next mark. And, these big valuation help with the IPO, loads of folk love to buy hyped up IPO. |
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