A "valuation expert" arguing against a straw man based on a misconception certainly makes you wonder how much expertise they have. Raising capital from an inves

A "valuation expert" arguing against a straw man based on a misconception certainly makes you wonder how much expertise they have. Raising capital from an investor who gets preferential terms -at- a valuation is not equivalent to saying that the company is worth that valuation. The comparison chart against public companies is a false comparison for the same reason. Bloomberg should know better.