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He's right. You can't double count the revenue of your partners. That would be like eBay posting revenue of $300 billion. Or the NYSE posting revenue as all tra
by gregoryw 11y ago
He's right. You can't double count the revenue of your partners. That would be like eBay posting revenue of $300 billion. Or the NYSE posting revenue as all trades executed rather than their commission.
Lyft is still under $200 million and is raising at 25x revenue or so.
- mkagenius 11y ago> is raising at 25x revenue or so. valuation is not equal to annual revenue..its more like the value over the lifetime.
- Zombieball 11y agoSo 25 years at current annual revenue? :)
- buzzdenver 11y agoEven worse than that, because revenue != earnings if Lyft has other costs than to pay its drivers.