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In my opinion, you can only value tech companies relative to each other, because as a whole their price/earnings ratios are all too high. For example, if you su
by xyzzy4 11y ago
In my opinion, you can only value tech companies relative to each other, because as a whole their price/earnings ratios are all too high. For example, if you sum the value of the entire solar power industry, you get roughly the value of Twitter. That does not make sense to me.
- forgetsusername 11y agoThe money is made by being able to predict the future, be that lottery numbers, disasters or the future earnings of companies. Modelling startups is hard, because there is so much estimation and variance. But the fact that it's hard is why its so important.