4 ms·
"Pier 88 put money into HomeAway, a publicly traded Internet company that competes with Airbnb, but has a market capitalization of just $2.95 billion." Just? I
by jhonovich 11y ago
"Pier 88 put money into HomeAway, a publicly traded Internet company that competes with Airbnb, but has a market capitalization of just $2.95 billion."
Just? It's still trading at ~7x sales and ~70x earnings with revenue growth less than 30% year over year. How much more should this company be worth?
- Matt_Mickiewicz 11y agoAt least it has earnings, AirBnB is probably in the red.
- gburt 11y agoIndeed. To me, this article seemed like a PR piece designed to increase HomeAway's stock price.
- bradleyjg 11y agoI guess it isn't an illegal pump and dump scheme if you get your buddy at the New York Times to pimp your latest stock pick rather than sending out a whole bunch of spam emails?
- toufka 11y agoDoesn't that just mean that AirBNB's numbers would be even worse?