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> It would take >8 years to pay this money back if they made $1million in revenue a day at a 33% profit margin. Are those numbers actually coming from anywhere

• vonklaus 11y ago
  no. I wrote a great explanation of how valuations work with comparable companies, EBITDA, and DCFs and then hit the back button. Rest assured, that regardless of how much financial wizardry you perform using models, a back of the napkin approach is probably as accurate at this stage anyway. Not to mention, Postmates is pretty easy to predict because it will never be worth anything in the public market and therefore doesn't matter. It will be acquired by someone like Uber or Amazon in a best case scenario but will likely just run out of cash and die.